Not that I agree with their list, but you might want to check out Lifehacker’s Top 10 Real Estate Links. By way of disclaimer, I do not recommend using Zillow as a serious price comparison tool. First and foremost, it treats foreclosure auctions as equal to sales.  If you see a house that “sold” for [...]

I think it’s fair to say that more people are getting out of the real estate business than into it right now, but for those of you who are just beginning a career in real estate, this post is for you.  You are getting into the field at a very exciting time, and if you [...]

I’ve been telling you for a while that we have relatively little supply of rental housing here in Las Vegas.  Between newcomers to the Valley and investors losing rental homes to foreclosure, there are very good reasons for constrained supply!  That doesn’t even account for people who are in rental housing after losing their primary [...]

This home is nowhere near Vegas. In fact, it’s in Japan.  And it’s designed not for the comfort of humans, but for the comfort of cats. But hey, to each his own. This place is truly the cat’s meow.

Yesterday, I decided to see what would happen if I reversed a client’s search:  I used all the criteria they were looking for, but instead of looking at available homes, I looked at sold homes. Not one home had sold for under $1,000 less than asking price.   Some — including one with no garage door [...]

I used to live in the Pacific Northwest, high on a hill in a maritime community.  And down the winding — but at least paved — route down to the main road, there were these charming little cottages, built by a company called Cottage Werks. These eco-friendly little gems featured custom site placement near environmentally [...]

While Concordia Homes is not going out of business, they will cease selling homes in Nevada.  They will be returning deposits on homes where construction has not yet begun. Five active subdivisions are being shut down. Here’s an interesting quote from Dennis Smith of Home Builders Research: This is not strictly about demand. This is [...]

As of this morning, there are 289 condos with 1 or 2 bedrooms with a maximum price of $100,000.  Nine of these are less than $50,000 (I feel sure they are most likely in somewhat less than FHA approvable condition).  The lowest priced unit is a mere $34,900, described as a “great location.”  Five of [...]

I’ve been hearing a lot of ads on the radio lately for a website called RentalForeclosure.com. The ad does tell the truth about tenant’s rights during a foreclosure: the tenant has very few rights. Nevada does have a loophole for those (rare) cases when the tenant’s lease pre-dates the landlord’s mortgage. It also appears that [...]

As of yesterday, there were 16,124 single family residences available in the Las Vegas Valley. An additional 4457 condos and townhomes were for sale.  This number is just a little higher than last week, but we seem to be holding stable near 16,000 single family homes — and it’s a huge improvement since the first [...]