Happy Friday! Thanks for checking out Friday Figures. All information from the GLVAR MLS system. Here’s what you and your Realtor should know before touring, making an offer, or listing a home in the Las Vegas Valley this weekend. Summary: Available listings dropped again, although not as much as in previous weeks. The number of [...]
The nice people at Calculated Risk have done a nice job of putting together everything that’s wrong here in Vegas. Meanwhile, Bigger Pockets points out that although our sales are way up, our real estate market is dominated by bank owned properties and short sales. In his words, “pity the retail seller“! It is still [...]
Thank you for taking the time to check the Friday Figures! All information from the GLVAR MLS system. It’s all the important details about the Las Vegas real estate market, and what you should know before touring, making an offer, or listing a home this weekend. Summary: Inventory continues to drop, with just over 15,000 total [...]
Most Realtor’s websites are dominated by two things: “Look how wonderful Suzy or Jack Realtor is”; and property search. This site is different. I would rather show you that I know what I am doing than toot my own horn. And the search link takes you to my brokerage’s site. Why? First, because I see [...]
It’s time for Friday Figures! All information from the GLVAR MLS system. Here is what you and your Realtor should know before touring, making an offer, or listing a home this weekend. Summary: Available houses fell below 12,000 for the first time since 2006 as bargain hunters snap up the best deals (assuming they didn’t bid [...]
By now I think we all know that foreclosures are up, which is driving prices down, which is encouraging buyers to get out there and buy “bargain” homes while they can — sales are up in 17 states, including Nevada. One huge group of buyers is the first time buyer. They see that they can [...]
Welcome to Friday Figures! This is real data from the GLVAR MLS system. Know what’s really going on before touring, making an offer, or listing a home this weekend. Summary: Available inventory continues to drop both year over year and week over week. Buyers continue to snap up perceived bargains in distressed properties, and our [...]
Regular readers know that I have a problem with those who say that the banks are sitting on thousands of homes in almost any given market — maybe tens of thousands and totalling 700,000 across the nation!– waiting for prices to improve so they take less of a loss. These houses are the so-called “Phantom [...]
It’s time for Friday Figures! All information here is from the GLVAR MLS system. Know what’s really going on before touring, making an offer, or listing a home this weekend. Available listings for sale: We’ve actually dropped below 13,000 available houses! We’ve also dropped below 4,000 available condos and townhomes! There are 12898 available single family homes, 3957 condominiums and [...]
