Tag Archives: Market Update





North Las Vegas Demolishing Abandoned Homes

North Las Vegas City officials are bulldozing abandoned homes that have become targets for criminal activity and squatters.  This is a practice that has become popular in the Rust Belt and officials felt is a necessary step to take in order to eliminate the ugly eyesores of these vacant houses. Asbestos removal and demolition began […]



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 […]



Delinquency Rates and Foreclosures Down

Nevada ranks second in 90 day plus delinquency rates and 8th in terms of loans in foreclosure. The Mortgage Bankers Association released their first quarter national survey of mortgage delinquency data.  From a national perspective, mortgage delinquencies and foreclosures declined during the latest reporting period.  New Jersey reported the highest rate of foreclosure starts and loans […]