Monthly Archives: July 2008

Latest Las Vegas Market Stats

Here is a short snapshot of June’s Las Vegas Market statistics – we believe the market is close to or at bottom and these statistics support this analysis. Here’s why:

Resale activity is increasing, with over 2,000 resales for the third month in a row and increasing for the sixth straight month to 2,730  (approx) in June.

The median price of all new-home products sold in June was $270,000., a decline of…

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Las Vegas Short Sale Frustrating or Fruitful?

It can take a considerable amount of patience coupled with an in-depth understanding of how an actual Las Vegas Short Sale process works to complete this type of specialized estate transaction. But, if you are considering making an offer via the Las Vegas Short Sale process, you can get a very good deal on home.

What’s the definition of a Las Vegas Short Sale or selling a home “short” of the…

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New Housing Bill’s Impact on the Las Vegas Real Estate Market

It’s taken one of the most brutal housing markets in decades to knock some sense into our lawmakers back in Washington – that “Potomac fever” makes them a bit slow on the uptake when it comes to moving quickly on anything other than getting a sound bite on TV!

The anticipated legislation, which is expected to be signed by President Bush as soon as it hits his desk, is an ambitious…

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