Las Vegas Market Update – July 2014

Property Management Permit Course! I am going 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 a problem?  … Continue reading Las Vegas Market Update – July 2014

Las Vegas Market Update – November 2013

The Current Las Vegas Market Single family residential (SFR) closings for 2013 lag last year by 9%. The SFR median closed sales price rose slightly to $180,000 as closing prices seem to be flattening just a bit. Additionally inventory continues to build to a point where there is a 2.7 month supply of Single Family … Continue reading Las Vegas Market Update – November 2013

Las Vegas Market Update – October 2013

The Current Las Vegas Market Single family residential (SFR) closings for 2013 continue to lag last year, but now only by 8.6%. The SFR median closed sales price dipped to $180,000 as closing prices seem to be flattening just a bit.  Additionally inventory continues to build to a point where there is a 2.5 month supply … Continue reading Las Vegas Market Update – October 2013

Las Vegas Market Update – September 2013 – And Let’s Peek In on Phoenix!

Upcoming Property Management Permit Course First, I am going to shamelessly plug Americana’s Pre-Licensing Property Management Permit course that is approved by the Nevada Real Estate Division. This course is excellent for those who want to obtain their Property Management Permit or even for those who just want to learn more about Landlord Tenant laws  … Continue reading Las Vegas Market Update – September 2013 – And Let’s Peek In on Phoenix!

Las Vegas and Phoenix Market Updates – July 2013

 Are We Over the Housing Bubble Yet? My previous post offered charts and an analysis that dispels the notion that Las Vegas is experiencing another housing bubble.  The chart below offers an additional perspective on the notion of a bubble by looking circumspectly at appreciation rates.  Most would consider a 4% per year market value … Continue reading Las Vegas and Phoenix Market Updates – July 2013

Las Vegas Market Update – June 2013

It's Hot Again - Are You Drinking Enough Water? So how much water should I drink every day?  It's not what you think - it's not the 8 glasses per day.   One the low end: take your weight in pounds and divide by 2.  That's how many ounces we should drinking in a normal climate.  … Continue reading Las Vegas Market Update – June 2013

Las Vegas Market Update – May 2013

    The Current Las Vegas Market Single family residential (SFR) closings for April 2013 are up 3% last month, but YTD closings gained enough that total closed units only lag last year by 18%.  SFR median closing prices rose 3.7% this month with the median closing prices of an SFR now at $167,000.  Both the SFR … Continue reading Las Vegas Market Update – May 2013