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Las Vegas Real Estate News 05/14/2024

Condos & Townhomes Surge In Price Channel 8 and the Las Vegas Sun has reported condo and townhome prices have soared to an all-time high in April. The median has been pushed to $290,000 – up nearly 8% since 2023. Single-family homes have priced many out of...

Las Vegas Real Estate News 04/13/2024

Median Prices Increase The headline in the Las Vegas Sun is a little misleading. There is a surge in luxury home prices that are pushing the median up. A third of these were paid by cash thanks to the California exodus. Meanwhile, down where “Johnny...

Las Vegas Real Estate News 03/16/2024

Artificial Intelligence and Real Estate Everyone is coming to grips with this new technology and how it will be applied to real estate. Here is a fascinating article on a practical application actually developed here in Las Vegas! I even used AI to translate that...

Las Vegas Real Estate News 02/15/2024

Small Decreases In Home Values Anticipated I was completely wrong in my earlier assessments of the housing market. I had predicted a sharp decline in prices after the 2022 peak. I didn’t see Wall Street snapping up all those single family homes. Consequently,...

Las Vegas Real Estate News 01/15/2024

Will Wall Street cause the next real estate meltdown? According to the Review Journal, in the summer of 2023, a corporate landlord bought hundreds of   homes in a massive transaction. The Miami-based investment firm Starwood Capital Group sold 264 homes  for $98...

Las Vegas Real Estate News 12/17/2023

Redfin Predicts 1% Decrease In Prices I believe Redfin is being too conservative. The recent interest rate decrease is just a brief relief for buyers that isn’t sustainable. Forbes reports real inflation at about 4% and there is no end in site. Mortgage rates...