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Las Vegas Foreclosures Drop

Las Vegas Foreclosures Drop

Nevada’s foreclosure inventory of homes has dropped in the last year and currently makes up just 2.3% of homes marketed for sale, according to real estate data firm CoreLogic. The figure represents a 1.1% drop from one year ago through October. Las Vegas led the foreclosure crisis with the number of homes foreclosed in the […]

Home Sales Drive Economy

Home Sales Drive Economy

Home sales drive local economies in a large number of ways, including home construction, mortgage lending, real estate brokerage, title insurance fees, appraisal work and moving expenses. Income generated from home sales in the state of Nevada alone averages $8,122 for each home that is sold, according to the National Association of Realtors. Other additional […]

Home Prices Up in Las Vegas

Home Prices Up in Las Vegas

The median price of a single family home rose during November to $202,000, up 1.1%, according to the Greater Las Vegas Association of Realtors. Prices are also up 10.4% on a year over year basis, despite a decline in sales volume. The Las Vegas housing market has seen a slump in sales going into the […]

Leading Real Estate Negotiations

Leading Real Estate Negotiations

Real estate negotiations are the life’s blood of real estate, and far too few real estate agents realize that successful negotiations are what make or break deals. The first thing most consumers realize is that homes are only listed at one price and usually sell for another. Everything is up to negotiation. In the retail […]