We’ve got Case-Shiller figures for October, including the chart in this post. In short, prices were “flat but stable.” For the entire decade, however, there was no rise in property values once inflation was taken into consideration. I do not have an intimate familiarity with how Professors Case and Shiller get these numbers, but I [...]

Welcome to a special edition Friday Saturday Figures! All information from the GLVAR MLS system. It’s what you and your Realtor should know before touring, making offers, or listing property in the Las Vegas Valley this weekend! Summary: The number of available listings edged over 11,000 again, which seems to be a stable level for [...]

For those of you who have “live” Christmas trees, please be thinking about proper disposal of them after the holidays are over. One great option is “recycling” of trees. Starting this Saturday and running through January 15, you can drop your tree off for recycling at the Springs Preserve and 22 other locations across the [...]

Twas the Friday before Christmas, and all through the Las Vegas Valley, Realtors, buyers, and sellers needed the information in today’s Friday Figures! All information from the GLVAR MLS system. Read this before touring, making offers, or listing property in the Las Vegas Valley this weekend! Summary: Available properties dropped just below 11,000 again! For [...]

A few years ago, someone drove out here to visit me. Since she was planning on driving anyway, I gave her a little advice. I said “Vegas water is not exactly tasty stuff. And the big hotels will gladly charge you for bottled water. If you are smart, you’ll pull off the highway before you [...]

It’s Friday again, and time for Friday Figures! All information from the GLVAR MLS system. Read this before touring, making offers, or listing property in the Las Vegas Valley this weekend! Summary: Available listings held steady, coming in at 11,005. Price of available units was also steady. Supply of available bank owned homes continues to [...]

Once a buyer and seller agree on the terms of selling real estate, the “escrow period” begins. Usually a deposit is placed with a title company. While the buyer gets things like inspections and HOA documents to look over, the mortgage people start working on their paperwork, and a mysterious “escrow officer” begins a very [...]

Welcome to Friday Figures! All information from the GLVAR MLS system. Touring, making offers, or listing property this weekend in the Las Vegas Valley? Read this first! Summary: Available listings are just barely over 11,000, and demand continues to be strong. However, it is clear that only properties “priced right” are moving from available to [...]

Here’s a round-up of some interesting mortgage and financing stories that have crossed my desk: This one by a local loan officer gives you a rather technical view of the impact on Las Vegas real estate from a particular kind of mortgage, the Option ARM. He’s an expert in this, so even if you find [...]