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For the week just ended (May 17, 2009) there were 27,926 listings on the Greater Las Vegas Association of Realtors (GLVAR) Multiple Listing Service (MLS); down just 0.2% from last week. The decline in the single family category was offset by the rise in, ...[Read More]
In today's Wall Street Journal (page A2): The Obama administration on Thursday laid out additions to its housing-rescue plan that are designed in part to make it easier for financially troubled homeowners to sell houses that are worth less than their ...[Read More]
Wednesday, May 13, 2009 General Overview of the Fernley, Nevada Multiple Listing Service data: Normally, we would not look at a market this small except at the request of a client. However, Residential Resources, Inc. does have an office located across ...[Read More]
Tuesday, May 12, 2009 General Overview of the Reno/Sparks Multiple Listing Service data: As of 5/11/2009 there are 3,519 single family (1,677 or 48% vacant); 562 condominiums (327 or 58% vacant) actively listed on the Multiple Listing Service (including ...[Read More]
For the week just ended (May 10, 2009) there were 27,986 listings on the Greater Las Vegas Association of Realtors (GLVAR) Multiple Listing Service (MLS); up just a harir from last week due to an increas of condo listings. There was a very slight decline ...[Read More]
General Overview of the April 2009 Multiple Listing Service data for Las Vegas Metro: Most of the graphs we do every month will be included in this report at the end as usual and can be downloaded by following the link at the end of the report, however, ...[Read More]
For the week just ended (May 3, 2009) there were 27,980 listings on the Greater Las Vegas Association of Realtors (GLVAR) Multiple Listing Service (MLS); down nearly 2.5% from last week. There was a decline in all categories of product: single family, ...[Read More]
For the week just ended (May 3, 2009) there were 27,980 listings on the Greater Las Vegas Association of Realtors (GLVAR) Multiple Listing Service (MLS); down nearly 2.5% from last week. There was a decline in all categories of product: single family, ...[Read More]
click on graph for larger image The nearby chart shows the percentage of all listings in the GLVAR multiple listing service categorized whether it could be considered Normal, a Short Sale or a REO (bank owned) for the weeks indicated. The Normal or Arm's ...[Read More]
For the week just ended there were 28,671 listings on the Greater Las Vegas Association of Realtors (GLVAR) Multiple Listing Service (MLS). The supply of single family homes on the market inched down again last week now standing at 22,668. Of those 14,079 ...[Read More]
General Overview of the 1 st Quarter 2009 Multiple Listing Service Condominium data: Note that an earlier analysis for condominium transactions included information from the Clark County Assessor’s office. That data includes transactions that were ...[Read More]
Las Vegas-Clark County Condominium Transactions – 1 st Quarter 2009 Less than half the transactions in condominiums throughout the metropolitan area are reported through the Multiple Listing Service leaving a void in understanding what is occurring ...[Read More]
Sue Naumann, current President of the Greater Las Vegas Association of Realtors was quoted in Monday's edition of the Las Vegas Sun newspaper as "I personally believe we are at the bottom". While I would also like to believe that we have ...[Read More]
April 12, 2009 I had the pleasure of standing in for one of my agent associates representing a client at the southern Las Vegas REDC home auction. I don't believe I had attended a real estate auction (wine & antique auctions, yes) since the last ...[Read More]
Tuesday, April 07, 2009 General Overview of the Reno/Sparks Multiple Listing Service data: You can click on any of the graphs to view in its entirety; blog software is still in beta; sorry for the inconvenience. You can also download the entire report ...[Read More]
General Overview of the March 2009 Multiple Listing Service data: March showed some outstanding sales figures with 2,903 single family transactions sales increased nearly 30% over February (2,236) and a whopping 87% over March 2008 (1,554). This highlights ...[Read More]
We are in the process of analyzing the condominium market for the 1st Quarter 2009. Somer interesting bulk sales of units has occured during the first 3 months of this year: Project Name Total Price Yr. Built ZIP # of Units Avg. Price/Unit Street Address ...[Read More]
The S&P Case-Shiller report for 20 metropolitan markets updated for January 2009 was released March 31. Las Vegas posted a 4.4% decline from December 2008 and a year-over-year change of -32.5% placing it just behind the 35% decline posted by the Phoenix ...[Read More]
According to Realty Trac's March 2009 Foreclosure News Report (subscriptions: 800.306.9886) the Las Vegas-Paradise, NV MSA ranks #2 in foreclosure actions at 15.86 per 1,000 households. Reno/Sparks, NV MSA ranks #10 with 7.79 actions per 1,000 households. ...[Read More]
For a complete report with numerous graphs you may download a pdf file from this blog. General Overview of the Reno/Sparks Multiple Listing Service data: For the week ended 3/8/2009 there are 3,513 single family (1,806 or 52% vacant); 610 condominiums ...[Read More]
For a complete report with numerous graphs you may download a pdf file from this blog. General Overview of the February 2009 Multiple Listing Service data: Even with the shortened month of February, with 2,236 transactions sales increased 9% over January ...[Read More]
Several housing communities opt for recycling as a way to preserve natural resources and creating a better habitat for future generations. Housing communities are also searching for different ways to cut down on waste and improve the environment where ...[Read More]
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