Las Vegas Luxury Market Momentum Las Vegas Market Overview Market values rose sharply as buyers were out in droves despite the summer heat wave. Henderson and the Southwest have about 3 months of inventory while the remainder of the Greater Las Vegas area is down to about 2 months of inventory. Over pricing of the majority of … More Las Vegas Real Estate Market Update – July 2015
The 2015 Nevada Legislative Session is Sine Die! Yes it’s finally over! As Mark Twain said: “No man’s life, liberty, or property are safe while the legislature is in session.” However, progress was made in the areas of construction defect litigation, squatters, HOA foreclosures, miniature horses in the workplace, and more new license plate choices. … More Las Vegas Real Estate Market Update – June 2015
Las Vegas Real Estate is Beginning to Rock! The Greater Las Vegas real estate market continues to move with the intensity of the Stanley Cup Playoffs! Closed units soared again this month to set the stage for an interesting spring and summer while putting some pressure on all of us to take more listings even … More Las Vegas Market Update – May 2015
Show Me a Move! Remember Steven Seagal as Casey Ryback in the 1992 movie “Under Siege”? There was a great line in there – “Show me a move!” Well the Greater Las Vegas real estate market showed us more moves than the Final Four during March Madness! Closed units soared enough to catch up with first … More Las Vegas Market Update – April 2015
Great Open House Story! One Team set out this past month to conduct an Open House with some modest preparation. The results were: 28 visitors, 3 listing leads and 9 buyer leads – in just 2-1/2 hours – on a Thursday! Another agent has worked out an arrangement in an unfinished community that has literally … More Las Vegas Market Update – March 2015
In Search of Open Houses! I drove around parts of Summerlin and the Southwest for nearly an hour this morning and only found two open houses being offered. I actually found one of the two, but the signs for the other one eventually did not lead anywhere! Are Open Houses a lost prospecting art? Or … More Las Vegas Market Update – February 2015
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 … More Greater Las Vegas / Phoenix Market Update – January 2015
NVAR President for 2015! Congratulations to Kevin Sigstad on being installed Friday evening in Reno as our incoming NVAR President for 2015. Kevin will have a full plate and several balls to juggle as we brace ourselves for the upcoming Legislative Session beginning in February. Rest assured – some form of Service Tax will be … More Las Vegas Market Update – December 2014
GLVAR REALTOR of the Year 2014! Congratulations to my good friend – J. C. Melvin. This year alone J. C. developed material and content for an invaluable new Leadership program created and launched by CEO Nelson Janes for the Greater Las Vegas Association of REALTORS. J. C. ran the first program which was highly successful. … More Greater Las Vegas and Phoenix/Scottsdale Market Update – November 2014
The Current Las Vegas Market Closed sales for Year-To-Date 2014 remain 12% behind last year as we enter into October. The median sales price of an SFR improved a mere .8% to $201,600 while the average closed sales price dropped 4.5% to $239,185. It’s also taking longer to close escrows as the days on market … More Las Vegas Market Update October 2014
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