January 2014 Las Vegas Market Update

January saw the continuation of keen interest in Las Vegas area real estate. Prices are remaining fairly stable; they are still increasing but not at the break-neck pace we saw over the last year or so.  The number of listings offered on the market has increased dramatically as home owners see their equity increasing with […]

The German Approach to the Housing Market

No one would probably argue with the statement that Germany has one of the strongest economies in the world.  Did it achieve this by restricting government influence on the economy?  The answer to this question is no.  The German government from federal down to municipalities is constantly involved in managing the economy and this includes […]

Legislative Update On Mortgage Relief Act

Recently my broker invited the lobbyist for the Nevada Association of Realtors to speak at our office.  He had just returned from Washington, D.C. and one of the topics he discussed was the status of the extension of the Mortgage Relief Act, originally enacted in 2007 by President Bush, and extended twice since, which expired […]

New Military Designation

The National Association of Realtors recently introduced a new designation, “Military Relocation Professional”.   When I saw this new accreditation I was very excited to pursue it as a large percentage of my clients are retired or currently serving Military. The class was first offered in our area on January 30th so I signed right up […]

Vegas Valley Home Prices Up For 2013

The Greater Las Vegas Association of Realtors reported that single family resale homes were at a median price of $185,000 in December.  That is up 24.2% from $149,000 in December 2012.  The median price for condos and town homes was also up from last year.  They rose 26.3% to end the year at $96,000. Much […]