The supply situation continues to go unresolved. New listings are nearly matched by closings and inventory continues to decline. As a result, buyers and their agents are working extremely hard to match properties. For sellers, this could be a good time to list their home, since competition in many neighborhoods is sparce. Further, we are observing firming prices in many areas, but we do not know how long this will be sustained since we need to move past the peak selling season in order to observe if prices are bein... read more

The economic crash earlier this decade has left many individuals and families timid about buying a home, when much of the data reveals that it is actually still a great time to buy a home in Las Vegas, NV. The fact that home values are not plummeting OR sky rocketing demonstrates a more stable market than what we have recently seen. Owning remains more attractive relative to renting in many Las Vegas locations, and interest rates are lower than we were accustomed to before the crash. Furthermore, with down ... read more

MARKET STATS We are beginning to witness favorable seasonal trends including a 12.4% increase in open escrows compared to January. Despite not having traditional “seasons” in Las Vegas, evident by the severe winter the Northeast experienced while we enjoy the sunshine, there is seasonality in residential sales. The spring season tends to be very favorable for sellers who desire to list their home and in the recent month, more escrows were opened compared to new li... read more

REVIEWING THE MARKET   LIFESTYLE, BEAUTY & VALUE The Luxury single family home market in Las Vegas continues to show relative strength. The year is starting off relatively well and should be similar to last year in which the market reflected strong interest in high quality homes in prime locations. 2013 was certainly stronger, but that reflected a very solid year. Prices continue to trend upwards but we still view the market as having significant value across three key areas, lifestyle, replaceme... read more

“Is the market still struggling?”  If we had a nickel for every time that question was asked, we could….go buy a piece of real estate.  The answer to that question is a resounding, “no!”   The Las Vegas real estate market has been resurging for the last three years or more with strong sales, a drastic decrease in distressed inventory and steady home price gains in both the residential and the commercial markets.  This trend is not stopping any time soon and is ... read more