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Foreclosed Buyers Returning to Market

Foreclosed Buyers Returning to Market

Foreclosed homeowners in Las Vegas were ranked at the top of the U.S. for having the ability to get into a new home or condominium by a major real estate research firm. California based RealtyTrac says former mortgage holders in Las Vegas have more of a chance to be “boomerang buyers” with the ability to […]

Las Vegas Home Prices Jump

Las Vegas Home Prices Jump

Las Vegas home prices and sales ┬ájumped during December during what is usually a sluggish time of the year, according to the Greater Las Vegas Association of Realtors. Home prices jumped 10.3% on the median price of a home from one year ago, while sales also kept up their pace to also rise. The median […]

Traditional Home Sales Overwhelm

Traditional Home Sales Overwhelm

Traditional home sales made up the over-whelming majority of Las Vegas home and condominium sales in the third quarter of the year as foreclosures and short sales declined, according to data from the Las Vegas Association of Realtors. Some 9,420 residential properties were sold by association members from July through September, which is historically the […]

Underwater Mortgages Improve

Underwater Mortgages Improve

Underwater mortgages improve moving into the New Year in Las Vegas as home prices rise, gaining home equity for homeowners. However, more than one-in-four mortgage holders (27.8%) are still upside down or owe more on their homes than their current market value, down from 39.6% a year ago, according to Zillow. The real estate listing […]

30% of Luxury Sales Vacation Homes

30% of Luxury Sales Vacation Homes

Nearly one-in-three luxury home sales in Las Vegas (30%) are vacation homes, according to a recently released survey by Windermere real estate. High rise luxury condominiums, including developments like the Trump Tower and the Palms Hotel near the Strip are dominated by vacation home owners seeking the high life. Their towering developments represent much of […]

Sell House Fast for Top Dollar

Sell House Fast for Top Dollar

Not just anybody can sell a house fast for top dollar. Placing a sign on the property, lockbox, flyers, putting the home in the Multiple Listing Service (MLS) and holding open houses are all common marketing techniques. But in the modern era with the “new economy” there are a lot of other steps that need […]