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Tag Archives: Home Prices on Rise

2014 So Far So Good

The latest numbers released from the Greater Las Vegas Association of Realtors showed that median prices continued to increase throughout the first half of 2014.  This is especially good news considering that sale numbers fell, inventory improved and investors were less active. The median price of a single family home in June was $199,900, which […]

Southern Nevada Economy Seen as Strengthening

Stephen Brown, director of the Center for Business and Economic Research at UNLV, feels that current trends in our region are pointing upward for our local economy.  He sees Southern Nevada’s economy moving towards pre-recession levels in tourism, gaming, construction and the housing industry. “The good news,” Brown said, “is that the Southern Nevada economy […]

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 […]

50% Of Valley Homes Now Above Water

With home prices on the rise throughout the Valley, more than 50% of Valley homeowners are finally above water.  This means that their homes are worth more than they owe on it. According to Zillow, the share of locals that have negative equity fell to 48.4% in the second quarter of this year compared to […]

Home Prices Continue Rising

Home prices continued their rapid rise in July with a new median home price of $180,000.  This is up 35.5% from $133,000 just one year ago.  The median price for condos and town homes is up to $91,500, which is a 37.6% increase from last year. Since the low of $118,000 in January 2012, home […]

Report: U.S. Home Prices on the Rise

Much to the elation of home sellers everywhere, home prices are on the rise in nearly all states, according to a recent report from the real estate researcher CoreLogic. Evidently, 48 states showed year-over-year gains in April. Meanwhile, home prices also showed month-over-month gains between March and April. As a result, home sellers from California to […]