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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...

Las Vegas Real Estate News 11/15/2023

Case Study – 4 Variants On a 4 Bedroom We have some new exciting data to share. Recently we purchased a portfolio of mid term rentals which created some momentum in placing tenants who need housing for less than 12 months. These folks are generally victims of...

Las Vegas Real Estate News 10/14/2023

Listings dropped 50% in September   The Review Journal reported there was even less inventory in September and prices remain the same since 2022.   Roughly 4,066 single-family homes were on the market for sale at the end of September. You would think the prices...