Get free access to our world class MLS search tools, save your favorite listings, create saved searches & much more!

Las Vegas Condos

Read about just listed condo deals and new developments around the Las Vegas Valley.

Found 111 blog entries about Las Vegas Condos.

Marijuana Real Estate, Las VegasColorado recently changed their state laws to allow residents to legally grow their own marijuana for personal recreational use. And now one enterprising Colorado real estate firm is taking advantage of the laws to form a new specialty - marijuana real estate.

Talk about going green! I just noticed a post from a Colorado web site, MarijuanaRealEstateColorado.com, which is touting their expertise in the alternative field (no pun intended!) of marijuana real estate. They help clients find suitable homes and assist them through the process of converting the property to a legal grow house.  

The home page of the site advertises:

"How would you like to cultivate your own personal grow from the convenience of your home while doing it 100% legally,…
9,613 Views, 1 Comment

Las Vegas Shadow InventoryIs there really a shadow inventory in the Las Vegas real estate market? If so, when will these properties be released to the market? What will happen to prices when/if it happens?

As real estate agents, these are questions we are asked almost every day, and a number of buyers have stated they are waiting until prices "go back down" before purchasing.

But will prices go down? Prices skyrocketed during the boom and then plummeted below pre-boom levels during the recession. Las Vegas has seen appreciation of 30% over the past year due to low inventory, but we are not quite yet back to pre-boom pricing yet., and experts feel that prices will continue to rise slowly until they reach this level again. (Before the boom, the prices of homes for sale in Las

4,234 Views, 0 Comments

FHA Loan Limits for Las Vegas, NVUrgent FHA Bulletin!

On Friday December 6th HUD announced the new FHA loan limits for 2014 (Mortgagee Letter 2013-43) across the nation. For Clark County, the current single family loan limit of $400,000 has been reduced by more than 28% to $287,500 effective January 1, 2014. 

This move is not unexpected - the FHA loan limits have not been changed since the "boom" years. Usually FHA prices its loans to the median of the local market. The only thing surprising is that they waited this long to decrease the limits in Las Vegas.

But if you are a buyer that has been looking at homes for sale in Las Vegas or Henderson in the $300K-$400K range and you were expecting to make only a 3.5% down payment, you need to decide on a property and make your loan

13,965 Views, 2 Comments

Homes for Sale in Las Vegas during DecemberSavvy buyers know: the month of the December is THE very best time of the year to pick up deals on real estate in Las Vegas!

Most markets across the United States have a much longer "slow" season for real estate purchases. In the southern sunbelt, which is traditionally snowbird country, the summer months are the best time to pick up a bargain. In the north,  once the winter season starts, home shoppers go dormant until the spring.  

And all markets around the country see a particularly significant slowdown in the weeks between Thanksgiving and Christmas. Most people are too busy with holiday parties and shopping to give serious thought to buying a home. But in Las Vegas, which has a steady market pretty much all year round, that's the only time

6,051 Views, 0 Comments

Salestraq, which provides our local database for new home sales and floor plans, also provides some excellent, easily understandable reports on current real estate market trends in Las Vegas. Below is the latest report that was released with the pertinent sales statistics through the end of August 2013. Since then, the market has remained relatively stable and no major changes are anticipated through the end of the year.

Salestraq Report on Recent Market Activity 

Recent Home Sales in Las VegasTHE BOTTOM LINE... The housing market remains a hot topic for those who analyze the Las Vegas economy and are keeping a close eye on its pace of recovery. Nevada has gone from the fastest appreciating housing market in the United States, to the fastest depreciating market in the United

37,916 Views, 0 Comments

MacDonald Highlands Neighborhood Henderson NevadaWe are often asked what are the most popular neighborhoods in Las Vegas or Henderson. Let's find out and ask the residents! Choose your favorite neighborhood from the list below and cast your vote for the best community in Las Vegas. If you don't see your favorite listed, feel free to post in the comment section below. What is your favorite neighborhood in the Las Vegas Valley? Aliante Anthem Anthem Country Club Canyon Gate Centennial Hills Desert Shores Green Valley Green Valley Ranch Inspirada Lake Las Vegas MacDonald Ranch Mountains Edge Painted Desert Peccole Ranch Providence Queensridge Red Rock Country Club Rhodes Ranch Seven Hills Siena Silverado Ranch Southern…
5,988 Views, 0 Comments

FHA Back to Work Extenuating Circumstances Program
Shortsale? Foreclosure? Bankruptcy? You may NOT have to wait 3 years or more to buy your next home under the new HUD “Back to Work” initiative announced August 15th. If you qualify for the program, you may already be able to purchase a home as an owner/occupant with an FHA loan.

Eligible borrowers would be those who experienced a “significant loss of income due to circumstances beyond the borrower’s control” which in turn triggered an “economic event” that impacted their financial status.  

 An “economic event” is defined as one of the following:

  • Short sale
  • Deed-in-lieu of foreclosure
  • Foreclosure
  • Chapter 7 bankruptcy
  • Chapter 13 bankruptcy
  • Loan modification
  • Forbearance agreement

 “A significant loss of household income due to

7,495 Views, 0 Comments

As the old saying goes, the early bird gets the worm. But if you are a consumer using one of the national real estate sites like Zillow, Trulia, Homes.com, Redfin or Realtor.com to find a home, not only are you missing out on a gourmet breakfast, you are actually paying through the nose to go hungry!

As agents, we get requests all the time to "check out" properties that prospective clients have found on one or all of the sites above. They have just spent hours upon hours perusing the web looking for the right deal.

What the average buyer fails to realize is that these 3rd party national sites only get updated every five to seven days!

This means that even in a "buyer's market," by the time the best deals are listed on the national sites, they

4,509 Views, 0 Comments

Each year the Las Vegas Business Press ranks various businesses by category for the tops in their field. We are proud and pleased to announce that in 2012, The Tonnesen Team of Prudential Americana Group Realtors ranked #2 for the entire Las Vegas Valley in residential real estate for gross sales volume, closing 260 successful real estate transactions and more than $45 million in sales. 

We couldn't achieve this level of success without our previous clients: their repeat business and their referrals are our greatest testimonial. Thanks so much to all our loyal fans that made our success possible!

Top Las Vegas Real Estate Agents in 2012

 

6,451 Views, 0 Comments

Here is the March 2013 real estate update for the Las Vegas market by the corporate broker of Prudential Americana Group Realtors, Forrest Barbee. In this video, Forrest explains why short sales are declining and traditional sales are increasing, and what to expect for the near future for Las Vegas housing.

Bank owned foreclosures have pretty much leveled off, but short sales are beginning to plummet in earnest.Single family short sale closing prices were the only ones to lose ground from February. But the closing price of a traditional single family residence is up 10.5% from the previous month. In fact the average sales price per square foot for the traditional sale was $102 per Sq.Ft. in March.

 

3,704 Views, 0 Comments

Have a Question?

Contact Us

Follow Us