Las Vegas Real Estate News

 Inventory

This year could be the year to sell your investment.

If you are considering unloading your property, let us help you. Inventory is less than half of 2016 and new construction homes are commanding incredibly high prices.


Summerlin ended 2017 as the fourth best-selling master-planned community in the nation, according to RCLCO, a real estate consulting company that has been ranking communities since 1994. In 2017, 1,052 new homes were sold in Summerlin, a 37 percent increase over 2016, when it was ranked No. 5. The 22,500-acre Las Vegas community, which started ...

Summerlin is No. 4 best-selling master-planned community in U.S.

Summerlin ended 2017 as the fourth best-selling master-planned community in the nation, according to RCLCO, a real estate consulting company that has been ranking communities. These are impressive but make terrible investments. The return on cash on these is less than 2%.


Last year was the third-best sales year on record for Southern Nevada home sales, and the best year for existing local home sales since 2011, according to statistics released today by the Greater Las Vegas Association of Realtors. According to GLVAR, 46,598 properties were sold, compared to 41,720 in 2016. Last year’s total ranks just below the 47,685 sales recorded in 2009 and the record of 48,798 existing local properties sold in 2011, when ...

2017 was third-best year on record for existing home sales in Southern Nevada

Last year was the third-best sales year on record for Southern Nevada home sales, and the best year for existing local home sales since 2011, …


Pre-Listing – Investment Opportunity

Fox Blitz
The owner wants to call it a day and would love a cash buyer. The estimated value is $225k. It has a long term tenant who would like to sign another one year lease. It’s a terrific investment property – single story with lots of tile.
Tenant has been there since 2014 and pays $950/month. Market lease rates are $1,350. We have been recommending rent increases to the owner but was afraid he would leave. Barb is taking highest and best offers no later than Monday, January 22nd. Cash offers have priority. Contact Barb Eagan at (702) 759-9724 / barb@mycactusproperties.com if you have questions or want to make an offer.

Commercial Recommendation

$1,550,000
Office/Retail
Performa Rate: 7.5%
Building Class B
Built 1986
Completely vacant which means you may not be able to get a commercial loan.



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