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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...

Las Vegas Real Estate News 6/16/2022

Rent Control Proposed In North Las Vegas The Culinary Union brought forward a ballot initiative for rent control in North Las Vegas. Here is what’s important: Owners who only own one property will be exempt. Maximum rent increases would be 5%. 90day notices for...

Las Vegas Real Estate News 4/19/2022

Tenant screening is the most overlooked skill in property management. Las Vegas Real Estate news this month is focused on tenant screening. I will explain why tenant screening techniques are the key to property management success and how we do it. This video...

Las Vegas Real Estate News 3/15/2022

Owner Mistakes This video has the top mistakes owners make in managing their own properties: The owner records the property using their personal address. The owner waits until the property is pristine before advertising. There is no benefit to hiding a property until...

Las Vegas Real Estate News 2/13/2022

It’s A Terrible Time to Buy Real Estate In Las Vegas It’s a terrible to time to purchase property in Las Vegas for these 2 reasons: Everything Is Overpriced – Everytime we put one of our investors property on the market, some crazy person from...

Las Vegas Real Estate News 1/11/22

Purchasing a property for an Airbnb. This is a terrible time to purchase a short term rental in Las Vegas. The environment is brutal! Here are the top reasons you don’t even want to consider it. The Market Is Terrible – Californians are climbing all over...