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 – February 2018

   Market Overview January 2018 Single Family Residential (SFR) closed sales were down 14% from December 2017, but up 5% from January 2017. The SFR median sales price dipped 1% to $265,000  while the SFR average closing price was $308,264 for a 2.3% drop from last month. We are only one month into 2018 but … Continue reading Greater Las Vegas Real Estate Market Update – February 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 – 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