First, I am going to shamelessly plug Americana’s Pre-Licensing Property Management Permit course – again! This course is excellent even for those who want to learn more about Landlord Tenant laws in Nevada. Registration is now open.
Walk-ins are welcome on Thursday morning beginning at 7:30 am, November 8th in our Pebble office at 2140 E. Pebble Rd., Suite 160!
The Current Las Vegas Market
Single family residential (SFR) closings for October 2012 up 12.3% from September 2012 as well as being down 3.9% from October 2011. Overall inventory continues to hold steady around the 5600 unit mark. Most areas in Greater Las Vegas currently have approximately a 6 week supply of inventory. And again the median price of an SFR remains at $140,000.
Las Vegas Market Closings and Momentum
Let’s Compare to Phoenix
A Snapshot of Supply and Demand