Las Vegas Real Estate Market Update – December 2017

Tax Reform Versus the Rate of Home Ownership It was important and appropriate to support the most recent "Calls to Action" regarding the mortgage interest deduction.  However, I cannot support the current Call to Action. This is an expenditure of political capital that is ill conceived and taking us down the wrong path.  I understand … Continue reading Las Vegas Real Estate Market Update – December 2017

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Las Vegas Real Estate Market Update – November 2017

Tax Reform Versus the Rate of Home Ownership Pending tax reform plans threaten to wipe out the tax benefits of owning a home for 95% of American families. This represents the elimination of almost $580 million in tax savings in Nevada alone! Act now to make sure Congress implements a tax reform that lowers rates … Continue reading Las Vegas Real Estate Market Update – November 2017

Las Vegas Real Estate Market Update – October 2017

 Greater Las Vegas Real Estate Market Overview September 2017 Single Family Residential (SFR) closed sales were down 12% from August and flat compared to September 2016. Year to date 2017 closed sales are still up 9% over 2016.  The median closed sales price of a SFR improved to $265,000 while the average closed sales price of an SFR jumped … Continue reading Las Vegas Real Estate Market Update – October 2017

Las Vegas Real Estate Market Update – September 2017

 Greater Las Vegas Real Estate Market Overview August 2017 Single Family Residential (SFR) closed sales were up 4.2% from July and 5.1% better than August 2016. Year to date 2017 closed sales are now up 10% over 2016.  The median closed sales price of a SFR remained flat at $260,000 while the average closed sales price of an SFR … Continue reading Las Vegas Real Estate Market Update – September 2017

Las Vegas Real Estate Market Update – August 2017

Greater Las Vegas Real Estate Market Overview July 2017 Single Family Residential (SFR) closed sales were down 14.6% from June and 10.7% better than July 2016. Year to date 2017 closed sales are now up nearly 11% over 2016.  The median closed sales price of a SFR edged up 0.6% from $258,500 to $260,000 while the average closed sales … Continue reading Las Vegas Real Estate Market Update – August 2017

Las Vegas Real Estate Market Update * July 2017

Greater Las Vegas Real Estate Market Overview June 2017 Single Family Residential (SFR) closed sales were up 4.3% from May and 12.3% better than June 2016. Year to date 2017 closed sales are now up nearly 11% over 2016.  The median closed sales price of a SFR edged up 3.4% from $250,000 to $258,500 while the average closed sales … Continue reading Las Vegas Real Estate Market Update * July 2017