Once again it’s time for Friday Figures! All information from the GLVAR MLS system. It’s critical market data you and your Realtor need to know before touring, making an offer, or listing a home in the Las Vegas Valley this weekend. Summary: At the risk of sounding boring, available units remain just over 11,000. All [...]
When you see someone write something like this, you start to worry about our real estate market: Las Vegas foreclosures are expected to rise further this year with the planned release into the Nevada market of about 6,000 foreclosure homes by Bank of America over the next several months. According to a BofA executive, the [...]
Thanks for dropping by to read Friday Figures! All information from the GLVAR MLS system. Here is what you and your Realtor need to know before touring, making an offer, or listing a home in the Las Vegas Valley this weekend. Summary: Available units remain over 11,000, a nice stable sign. It is encouraging to [...]
Maybe you didn’t know that you can’t use an FHA loan to purchase a property that has been owned by the seller for less than 90 days. Or at least, that’s the rule until February 1. The purpose of this rule is to prevent “flipping,” buying a property and then immediately turning around and selling [...]
Welcome (or welcome back) to Friday Figures! All information from the GLVAR MLS system. This is the state of the local real estate market right now, and what you and your Realtor need to know before touring, making an offer, or listing a home in the Las Vegas Valley this weekend. Summary: Available units are [...]
Welcome to Friday Figures! All information from the GLVAR MLS system. Touring, making offers, or listing property in the Las Vegas Valley this weekend? Read this first! Summary: Available listings remain solid, just under 11,000. The gap in price between short sale and bank owned properties has been getting smaller for some time, but this [...]
Maybe you’ve heard “the other golden rule,” that “he who has the gold makes the rules”? Nowhere is that more true right now than the real estate market: investors with cash are crowding out first time buyers, who are often interested in the same bargain properties, but must use conventional or even FHA financing. Here [...]
Happy New Year, and thanks for reading Friday Figures! All information from the GLVAR MLS system. This is the “real deal” that you and your Realtor need to know before touring, making offers, or listing property in the Las Vegas Valley this weekend! Summary: Available listings drifted back under 11,000 again, continuing a trend of [...]
