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Market Conditions
Las Vegas Area Hits 2 million Population
Calrk County hits 2 million in population.
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Las Vegas Housing Shortage in 2009
In a report from the Southern Nevada Home Builders Association states that there will be increased demand placed on the housing market by the growing work force.
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Loan Delinquencies and Jobs Lost to Real Estate Slowdown
Some statistics on the impact of foreclosures on Nevada. Listed below are the number of deliquencies of prime and subprime loans. Also included are the jobs lost due to the slow real estate market.
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LV Population Growth Slowing
Vegas population growth slows for 2007.
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Forecast Bleak for Vegas Real Estate
Analysts offer opinions about the Las Vegas real estate market.
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Nevada Governor Concerned About Foreclosures
Gov. Gibbons is concerned about the huge number of home forclosures in Nevada and wants to address the problem.
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Market Conditions
Rental House Market Doing Well But Beware of Winter Doldroms
Don't wait to rent your empty rental. Winter slowdowns and foreclosures are coming to burden the rental market.
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Homes for Sale Increase 1.1%
Housing market bottomed yet?
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Market Conditions
Vegas Housing Yet to Hit Bottom
In the Las Vegas Review Journal writer Hubbel Smith shows that the Las Vegas housing market is yet reach the bottom of the market, sliding lower in July. Nevada continues to lead the nation in foreclosures.
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Median Resale Price Still Twice the '01 Price
In the Las Vegas Sun newspaper, Brian Wargo explains housing soaring prices and the current correction in home sales.
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Market Conditions
Las Vegas Population Growth and Economy Slowing
Population growth is slowing, costs are rising, contributing to a softening of the city's growth.
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Home Sales Market Fast Facts
Looks like the home sales market has stabilized, maybe "bottomed".
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Rental Houses Pulling Customers from Apartments
Rental houses are making inroads into the apartment market with more availablity but fewer frills.
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Market Conditions
LV tops List of Risky Home Markets
Las Vegas is at the top of the list of home markets that may decrease in value according to the PMI U.S. Market Risk Index.
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What;s Happening on the Strip
Spectacular, gigantic projects are happening on the most exciting road in the world!
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Home Sales Bleak
Some interesting facts and figures have been released by real estate analysts about the current market.
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Slack of Appreciation
Map of real estate appreciation rates provided by SalesTrac
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Nevada Leads Nation in Foreclosure Rate
Nevada Tops U.S. in Foreclosures
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New Projects on Strip Need 113,5000 Workers
Wall St. analysts are predicting large scale hiring for new billion dollar projects coming to the Strip.
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Market Conditions
Housing Seminar Experts Bullish on Vegas
"I don"t care what anyone says, prices in Las Vegas will continue to rise," says Steve Botteld, principal of Marketing Solutions
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Market Conditions
LV Housing - Close to the Bottom?
Predictions of Las Vegas housing doom have been published throughout the nation. Here are some recent stats that might show some reasons for optimism.
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Susan Brigola - Loan Officer
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Las Vegas Home Prices Drop 2% for Dec. '06
Price of homes is down slightly and the president of the Realtors feels that it's not as bad as national survey studies predicted.
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Las Vegas Valley Will Continue to Grow
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Market Conditions
Businessweek - How Bad Will the 2007 Housing Market Be?
Businessweek analysts predicts a glum 2007 for the nations housing market. Las Vegas is expected to be one of the leaders in the price downturn.
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Incentives Boost New Home Prices
Median home prices in Las Vegas continued to rise in November but analysts believe prices would actually declined because of the high incentives given by builders.
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Fewer Vegas Resale Homes Listed
The number of homes listed for sale on the MLS has declined for November.
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Home Sales Charts
New home prices on the rise in spite of ower volume of sales. Resale homes hold prices steady in spite of lower sales volume. Building permits down again for October '06.
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Rental Houses Lingering Longer
11/8/06 Rental houses are are lingering longer on the market before renting. There are more rentals available in October '06 than in September.
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Analysts Says No Housing Bust
Salestraq's Larry Murphy says that Las Vegas housing market down days will look brighter soon.
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Gloomy Housing Report
Las Vegas foreclosures are up alot, mortgage delingquency is up, more homes listed for sale and the price of homes is slipping.
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Market Conditions
Southern Nevada Index of Leading Economic Indicators - Sept. '06
Southern Nevada is still growing but the housing sector is still suffering. The casino industry is still vibrant, creating jobs and bringing revenue and visitors. However, the housing sector is hurt with sales down in the re-sale area.
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Market Conditions
Las Vegas Rental Market Conditons
The Las Vegas rental home market is changing for the worse as homes once listed for sale are now becoming rentals. This flood of unsold homes is depressing the rental prices.
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