TGIF! You know what that means? No, not a lunch suggestion. It’s time for Friday Figures! All information from the GLVAR MLS system. This is the real deal: information you and your Realtor need to know before touring, listing, or making a purchase offer in the Las Vegas Valley this weekend. Summary: Available listings continue [...]

I’m not worried about the “plunge” in home sales in July. Let me go out on a limb to predict that August’s numbers will run low as well. It was predictable and should have been expected. All that happened is that many buyers who would have purchased a home now or in the Fall simply [...]

Thanks for dropping for Friday Figures! All information from the GLVAR MLS system. Here’s you and your Realtor need to know before touring, listing, or making a purchase offer in the Las Vegas Valley this weekend. Summary: Once again available units jumped, this time to 14057. While the number of short sale and non distressed [...]

Unfortunately, some observers suspected that the conference — currently underway — might be biased against homeowners and advocates for affordable housing. As a bit of background, remember that in addition to the ongoing foreclosure and real estate valuation crisis, homebuilder confidence is sinking and mortgage backed bonds are slumping. The latter means that there are [...]

Here we are with another edition of Friday Figures! All information from the GLVAR MLS system. This is the no-nonsense data you and your Realtor need to know before touring, listing, or making a purchase offer in the Las Vegas Valley this weekend. Summary: It’s no surprise that available units are up, yet again, to [...]

Let me start with the good news. Foreclosure filings across the nation are down 10% from last year. Default notices have been declining for 6 months on a year-over-year basis. Filings were down in Nevada by 30% from last year, but we’re still the top state for foreclosure filings for the 43rd straight month. One [...]

Glad you could join me for Friday Figures! All information from the GLVAR MLS system. Here’s what you and your Realtor need to know before touring, listing, or making a purchase offer in the Las Vegas Valley this weekend. Summary: Once more, available units are up. Now we have 13496 properties available, compared to 12038 [...]

The Washington Post isn’t the only place where people have noticed that despite the current economy, people are not in a position to just up and move to a new city in hopes of better opportunities: Many economists believe that a significant number of workers will have to move before the employment picture substantially improves. [...]