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Las Vegas Real Estate News 11/13/2022

Huge Relief – Governor Sisolak Is Out Steve Sisolak stated he would be proposing rent control during his campaign.  Nothing scared us more than the phrase “Rent Control”. Joe Lombardo is very conservative and won’t even bring that subject up...

Las Vegas Real Estate News 10/15/2022

More evidence we have cleared the summit. The median home price for SFRs stayed at $450,000 in August and September. In October we are seeing a steady decline in the median price and it will continue. Inventory continues to rise despite the increase in the total...

Las Vegas Real Estate News 9/14/2022

Tsunami From California Approaching Vegas Nearly half the buyers in Las Vegas in the last 6 months were Californians cashing out of their huge equity increases. California cash buyers are no longer even kicking the tires here in Las Vegas because their equity gains...

Las Vegas Real Estate News 8/17/2022

Fortune Magazine Predicts Decline In Las Vegas Fortune has a very interesting article that spans many markets which includes Las Vegas. This is also supported with some statistics from Moodys. In the early 2000s investors, who were often home flippers, targeted...

Las Vegas Real Estate News 7/18/2022

Prices dropping for first time. Investors can now see the light at the end of the tunnel. We now have the definitive “top of the market”.  Real estate data for April and May shows that the U.S. housing market is softening. New home sales fell 19% to their...