Posted by Bonnie Henson // October 20, 2015
Just a few years ago, there were so many homes in active foreclosure that many were sure that Las Vegas would never be able to bounce back, but today that number is less than 300. Market trends are seeing some change in the downward trajectory, however, as foreclosures have went up in the area recently. […]
Posted by Bonnie Henson // October 6, 2015
Las Vegas elite homeowners had a few different choices before the master-planned communities of Summerlin and Anthem were built. Two of these communities are still very sought after today. These are Ten Oaks in northwest Las Vegas and Quail Ridge Estates in Henderson. These two communities still offer high quality homes on large lots that […]
Posted by Bonnie Henson // September 30, 2015
We all know that the Las Vegas housing market was one of the top casualties during the recession. The number of foreclosures far outpaced the rest of the country and many Las Vegas residents were forced out of their homes. While we are finally seeing some positive signs that the market is regaining footing, there […]
Posted by Bonnie Henson // September 22, 2015
Real estate featuring existing homes saw a bit of a stall last year. Investors began pulling out and sellers were overpricing their homes, thinking that their value was much more than reality. Signs are pointing to positive news in the first half of 2015, however. Cheaper borrowing costs and an influx of borrowers who were […]
Posted by Bonnie Henson // July 28, 2015
At the spring Las Vegas Housing Outlook, a panel of observers said that they believe that the housing market in Southern Nevada will make some decent gains in the next 18 months. In the first part of 2015, housing indicators, such as home closings and construction permits, stayed at the same level or even increased. […]
Posted by Bonnie Henson // June 30, 2015
A new report has found that Southern Nevadans are making smaller down payments on new homes. This could be a sign of a lessening of the stringent requirements on mortgage lending, which has kept so many out of the housing market since the housing crisis. The report found that the average down payment on homes […]
Posted by Bonnie Henson // June 23, 2015
Summertime is the peak of the real estate buying season and this is a time when all of the professionals and experts evaluate the health of the market. In Las Vegas, prices have increased quite sharply and this is largely due to the still high number of underwater homes. This is not all bad news, […]
Posted by Bonnie Henson // June 16, 2015
If your house is on the market, we’re going to be frank. Odds are good you’re asking too much for your home. And if you keep it up, you could drag down the whole market, local real estate agents say. New reports show the number of homes languishing unsold on the Las Vegas market is […]
Posted by Bonnie Henson // June 9, 2015
Realtors need to have some handle on what real estate is going to do in the future. While sometimes the predictions are right, other times they are not. That is why they look at a wide variety of different factors in the economy. Some you would expect, such as mortgage interest rates, pricing trends, and […]
Posted by Bonnie Henson // May 18, 2015
Spring is bringing warmer temperatures, but that is not all that it is bringing for the Las Vegas area. Signs are pointing to a warmer sales record for existing home sales as well. The numbers are in and Las Vegas’ used home market has both rising prices and sales over the last month. This is […]