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Las Vegas Real Estate News 8/16/2023

Las Vegas Real Estate Market Update  Prices increased temporarily in June giving a lot of real estate agents hope in a recovering market. My belief is that it is a false hope. I predict prices to continue decreasing with a noticeable declining trend in the fall of...

Las Vegas Real Estate News 7/15/2023

Las Vegas Real Estate Market Update For those of you who don’t like to read, here is an excellent video by Youtuber “Rventure Consulting”. That video covers why many investors in Las Vegas who purchased property recently are bleeding. Increasing...

Las Vegas Real Estate News 6/16/2023

Las Vegas Real Estate Market Update Forbes wrote an excellent in depth article specifically about Las Vegas. Not only does it have good analysis, it also provides stats on specific areas of Las Vegas. If you have multiple investments in Las Vegas, this may be...

Las Vegas Real Estate News 5/15/2023

Las Vegas Real Estate Market Update   April stats show a slight uptick in median home prices. HOWEVER, the data is skewed primarily by the more expensive “bling bling” homes that our investors don’t dabble in.  According to the Las Vegas Sun,...

Las Vegas Real Estate News 4/13/2023

Las Vegas Real Estate Market Update   There are two reasons why we have been warning investors not to purchase anything: Cash Flow – Most of the single family homes out there in a modest HOA or no HOA are only cash flowing at about 3% on a good day. If you...

Las Vegas Real Estate News 3/15/2023

Las Vegas Real Estate Trends In January 2023, prices were down 0.26% compared to last year, selling for a median price of $385K. Right now, houses sell after 75 days on the market compared to 33 days in 2022. There were 660 homes sold in January this year, down from...

Las Vegas Real Estate News 2/14/2023

Property Prices Continue To Fall In Las Vegas Redfin data, reported a median sale price for a Las Vegas home was $375,000 in December 2022, down considerably from the all-time-high of $432,000 in June 2022. A typical home sold for 3 percent below list price. And more...

Las Vegas Real Estate News 1/19/2023

Reports & 1099s Coming at You End January We will be generating reports for all our customers at the end of January. These reports are built so all you have to do is hand the report to your CPA. These reports will include your income for the year and expenses...

Las Vegas Real Estate News 12/14/2022

250K Homebuyers Are Underwater According to News Nation, more than 250k homebuyers are underwater on their mortgage. Shocking right? Imagine that happening after investors trip all over themselves to pay more than market price. The mortgage data firm Black Knight also...