August 2012

We wanted to extend public kudos to HSA Home Warranty Company for going way beyond the expected for a Las Vegas home owner!

This week one of our agents, Maxine, who had purchased a warranty for her home, opened her front door to discover that, after a day of 110 degree temperatures, her air conditioning system was completely out. At 6 pm she called her home warranty company, HSA, and by 7 pm an air conditioning tech was at her residence.

The air conditioning tech was not able to fix her A/C on the spot, but the next morning, at 7 am, a local Las Vegas representative from HSA showed up at her home with a portable air conditioning unit and got it hooked up for her. HSA keeps three portable A/C units on hand just for emergencies like this.

At 6 pm that

It seems like the downward spiral of available housing inventory for the Las Vegas real estate market has finally stabilized, and it even increased slightly during the month of July. The number of actively listed single family homes went from 3785 at the end of June to 3953 at the end of July. (These figures do not reflect properties already under contract and in contingent or pending status.)

The market breakdown at the end of July looked like this:

• 527 homes priced under $100k - including 161 short sales and 74 foreclosures
• 1410 homes priced between $100k and $200k - including 418 short sales and 164 foreclosures
• 796 homes priced between $200k and $300k - including 194 short sales and 77 foreclosures
• 406 homes priced between $300 and $400k -