It may still be about two weeks from the official start of winter, but it already feels like a chilly and cheery wonderland in Las Vegas, especially with many holiday-themed events going on this weekend. From parades and craft workshops to festive activities you can enjoy at home, this Weekend Buzz features a few ideas and celebrations across the valley that are sure to get you in the spirit of the season. Check out the list below. Winter Shopping WonderlandCraft Workshop: Gifts from the GardenPolar Express Pajama ... read more

As the new year approaches, many homeowners believe waiting until January is the best time to list their homes. However, over 20 years of real estate market data from Coldwell Banker Premier Realty tell a different story. If you’re considering selling your home, the holiday season could actually be the most profitable time to make a move. ? The Numbers Speak for Themselves:  25% ... read more

Predictions for residential real estate are challenged by the increasing opacity brought on by mortgage rate increases, a stronger dollar, a new presidential administration and demographic trends that are not well understood, such as the demand for housing by millennials.  In some minds, if increasing interest rates are a response to an improving economy, either through Federal Reserve increases or market responses, on the net, housing demand may remain robust. In other views, homebuyers may have be... read more

The Case-Shiller home price index continues to post declines, yet many of these observations are lagged. The current index release is for March with the April release scheduled for Monday. The March figure was off 1.1% from February, whcih is a sizeable slide. However, the late spring and early summer months are generally hotter selling seasons and this has yet to be reflected in the Case-Shiller numbers. FNC, Inc has an alternative index based on a hedonic methodology that I really like. The formation of prices... read more

Currently, there is some debate as to the sustainability of home prices in Las Vegas and other areas. Strong price increases alone do not indicate overpricing. Instead, we have to look at the market as a composite of events, including rents, potential drivers of employment and importantly, supply. We took a look at some fundamental measures of values, prices relative to rents and prices relative to incomes. Prices and rents have been rising meaningfully in the last couple of years, however, prices have been outrunn... read more