Las Vegas Realtors recently published a report that shows local home prices declining for the third straight month, and there are fewer homes selling and more available for sale. The group also reported that the median price of existing single-family homes sold through its Multiple Listing Service during August was $450,000. The all-time record price of […]
Market Reports
BLACKTAIL BY PULTE HOMES OPENS IN SUMMERLIN WEST
Summerlin West has officially opened the district of Kestrel with Blacktail by Pulte Homes. Kestrel is the third district to take shape in the rapidly growing and exciting area located west of the 215 Beltway and Lake Mead Drive. Pulte’s Blacktail offers four individual floor plans that include a prominent three-story vertical elevation with a […]
LUXURY MARKET TOP SELLER IN THE RIDGES IN JULY
The month of July saw an $8 million home in The Ridges in Summerlin and another for $7 million in Ascaya in Henderson. The most expensive home sold in July was on Promontory Ridge Drive in The Ridges in Summerlin for $8 million. It measures 12,345 square feet with six bedrooms, seven and a half […]
LAS VEGAS MASTER PLANS STILL KEEP ON SELLING
So far in 2022, Las Vegas’ master-planned communities have not followed the national trend of declining sales. The national consulting firm RCLCO said Las Vegas’ master-planned communities had fewer sales than the first six months of 2021, but they held steady in their rankings. Summerlin continued its top five national showing by coming in at […]
GIVING YOUR OUTDOOR SPACE AN UPGRADE AND IT IS NOT COSTLY
Here is a list of outdoor upgrade ideas to get anyone in the mood for home improvement. 1. Makeover Your Lawn Furniture the Simple Way- Cushions for lawn furniture can start looking worn after a couple of seasons before their structural integrity is compromised. Do not go and get new pillows, buy a set of […]
INTEREST RATES OF MORTGAGES ARE JUST ONE FACTOR IN THE REAL ESTATE MARKET
No one variable — including mortgage rate increases — will be the sole determining factor that shapes the future of Las Vegas real estate. What about the recent and alarming downward trend overtaking Wall Street and the stock market? Some investors may already be liquidating some of their stock positions and looking toward real estate […]