Greater Las Vegas Real Estate Market Update – March 2018

Market Overview February 2018 Single Family Residential (SFR) closed sales were down 6% from January 2018 and from February 2017. The SFR median sales price improved 3.8% to $275,000 while the SFR average closing price jumped to $335,689 for a 8.9% increase from last month. 2018 sales are on the same pace as they were … Continue reading Greater Las Vegas Real Estate Market Update – March 2018

Greater Las Vegas Real Estate Market Update – January 2018

Greater Las Vegas Real Estate Market Overview - January 2018 December 2017 Single Family Residential (SFR) closed sales were up nearly 1% from November, but down 3.42% from December 2016.  The SFR median sales price close the year at $267,950 - an increase of 2.5% over November's median closing price. The SFR average closing price … Continue reading Greater Las Vegas Real Estate Market Update – January 2018

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

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 – 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 * May 2017

Greater Las Vegas Real Estate Market Overview April 2017 Single Family Residential (SFR) closed sales were down 10.65% from March and 0.3% less than April 2016.  Some of the slippage is likely due to the fact that the last two days of April fell on the weekend.  However, year to date 2017 closed sales remain up 9% over 2016. … Continue reading Las Vegas Real Estate Market Update * May 2017

Las Vegas Real Estate Market Update – August 2016

Property Management Permit Pre-Licensing Course! Once again it's time to shamelessly plug Americana’s Pre-Licensing Property Management Permit course - again! This course is excellent - even for those who just want to learn more about Landlord Tenant laws in Nevada.  Do you want to learn how to prevent or spot embezzlement - before it becomes … Continue reading Las Vegas Real Estate Market Update – August 2016