Las Vegas area real estate ended March on a high note. The total number of homes sold shot up an incredible 1504 units, from 4972 in February to 6476 last month. The average sale price edged up modestly, from $288,218 to $288,431. March saw a rather dramatic decrease in the number of active listings; 9992 […]
Our office at Better Homes & Gardens, Universal Real Estate held their annual awards ceremony this past Wednesday. Lisa and I each won individual awards. She was the recipient of the Best Marketing Award for all of her awesome creative marketing ideas. I was lucky enough to be the winner of the Community Service Award […]
The number of distressed homes in the Las Vegas Valley has dropped to the lowest level in years according to newly released data. Distressed homes include both foreclosures and short sales. Foreclosures accounted for just 2% of the market last year. That is down from 4% in 2016 and down from a high of 43% […]
Last year was the third best year for local home sales and the best year since 2011 according to the statistics from the Greater Las Vegas Association of Realtors. Over 46,000 properties were sold last year compared to 41,000 in 2016. Last years total was about 2,000 below the record year of 2011, when prices […]
Guest post by Charlotte H I’ve been working in some aspect or the other of residential real estate for over 20 years and have spent over 15 of those years working directly with Realtors, so I have a pretty good idea of how home purchases and sales go. My husband and I recently purchased a […]
November Las Vegas area real estate showed signs of the seasonal cooling we see every holiday season. Although the market is following a predictable seasonal slow-down when compared to the rest of 2017, when we compare the market to previous years, we are seeing strong signs of sustainable growth. Number of homes sold November 2015; […]
In a recent blog entry on real estate data collector Core Logic’s website, author Molly Boesel discussed property valuation trends as of April 2017. Nevada came in #9 in her list of 25 states with the highest HPI (home price index.) Nationwide, home prices have increased a whopping 47% since hitting their lowest point in […]
It is a mouthful, isn’t it? Universal Realty, Inc., where I have been since 2008, and where Andy joined me, has affiliated with Better Homes & Gardens Real Estate, one of the legendary franchise systems in the industry. We believe that Better Homes and Gardens Real Estate is the future of this industry, and we […]
It’s that time of year: Many homeowners are looking to the New Year and planning their 2017 real estate resolutions (sell the house, move to the suburbs, buy that dream vacation home, etc.). If you’re planning your own New Year’s real estate resolutions, you might be researching 2017 housing market predictions to figure out when […]
July residential real estate data for the Las Vegas area seems to be pointing towards a market in balance. The average home price has been very stable the past three month, dropping only slightly from $249,436 in June to $248,059 in July. July’s average price this year is up a respectable 5% from the same […]
