by Jim Eagan | Jun 16, 2023 | Real Estate News
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...
by Jim Eagan | May 15, 2023 | Real Estate News
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,...
by Jim Eagan | Apr 27, 2023 | Real Estate News
Your urgent action is needed. We have reached our first passage of the houses and these are the bills listed below that are still alive. Please if you have not given your opinion please voice it with the legislators now before it goes to a full floor vote and sent to...
by Jim Eagan | Apr 13, 2023 | Real Estate News
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...
by Jim Eagan | Mar 15, 2023 | Real Estate News
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...
by Jim Eagan | Feb 14, 2023 | Real Estate News
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...
by Jim Eagan | Jan 18, 2023 | Real Estate News
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...
by Jim Eagan | Dec 14, 2022 | Real Estate News
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...
by Jim Eagan | Nov 13, 2022 | Real Estate News
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...
by Jim Eagan | Oct 15, 2022 | Real Estate News
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...
