Posted on September 29th, 2009 by Ruth Ahlbrand
Dare we say it – Las Vegas Real Estate is Coming Back! We’ve been Blogging and Tweeting about how Las Vegas Real Estate has bottomed out months ago and is in fact bouncing back. It’s great to see that Forbes Magazine has picked Las Vegas Real Estate as the number one city in the US (“top city”) where home prices are at bottom.
Forbes Analysis of Las Vegas Market
Forbes reviewed a…
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Posted on September 28th, 2009 by Ruth Ahlbrand
Las Vegas Real Estate Demand is shifting quickly. The demand for Las Vegas Homes in August dropped slightly from 4,767 homes sold in July to 4,001 homes, which represents a drop of approximately 15%.
Housing prices also dropped slightly, with median price of $120,000., which matches where the market was in April of this year. The Las Vegas Real Estate market is continuing to send some mixed signals and appears to be…
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Posted on September 26th, 2009 by Ruth Ahlbrand
New Home Builders here in Las Vegas are gaining sales traction in the marketplace. Some homeowners are opting for a new home versus buying a foreclosure, the attractiveness of a brand spanking new home simply has a lot of value versus a foreclosed home.
Also, as the Las Vegas Real Estate Market has shifted dramatically the last 18 months, new home builders’ pricing is much more closely aligned with pricing for existing…
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