Tag Archives: Las Vegas

May Home Sales Boom in Las Vegas

May home sales in Las Vegas were the highest since 2006. The Las Vegas median home price was $117,000 – the lowest sign 1995.
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Posted in Real Estate Data | Tagged Existing Home Sales, Las Vegas, median home price, Nevada | Leave a comment

Las Vegas Home Sales Show Weakness in April

Though it was the best April since 2006, Las Vegas home sales fell 9.5% from March. The median home price was $90,000, down hard from $112,000 in April of 2010.
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Posted in Real Estate Data | Tagged Existing Home Sales, Las Vegas, Median Home Prices, Nevada | Leave a comment

One in Eight Nevada Homes Empty

Nevada has a great many empty homes, and after my experiences flipping occupied properties, I will be happily focused on the empty ones. Continue reading

Posted in Foreclosures, Foreclosures and Short Sales, Fresh Perspectives, Home Economics, Investing | Tagged Flipping, Foreclosures, investing, Las Vegas, Nevada, REOs, strategic default | 2 Comments

Rental Parity: Coming soon to a neighborhood near you

During the housing bubble prices rose to levels where owning cost twice as much as renting in many California markets. As many predicted, the deflation of the bubble is causing markets to overshoot fundamental valuations to the downside — including many here in California. Continue reading

Posted in Fresh Perspectives, Home Economics, Investing | Tagged Housing Bubble, Las Vegas, Renting versus Buying | Leave a comment

Investors Drive Las Vegas Home Sales in December

The median price paid for all new and resale houses and condos sold in the Las Vegas metro area in December fell to $124,000, down 2.4 percent from $127,050 in November and down 3.9 percent from $129,000 a year earlier. It was the third consecutive month in which the median fell year-over-year. Since the median hit a 2010 high of $139,000 last June, it has either declined or shown no change compared with a year earlier. Continue reading

Posted in Investing, Real Estate Data | Tagged Existing Home Sales, Las Vegas, Median Home Prices, Nevada | Leave a comment