Las Vegas Real Estate

Read articles on emerging market trends and the latest statistics from the local Las Vegas real estate market.

Found 195 blog entries about Las Vegas Real Estate.

The Tonnesen Team, Berkshire Hathaway’s #1 team in Las Vegas, is proud to present this single-family home in Henderson, Nevada for only $300,000. 940 Marlberry Place with its red tile roof and 2 car garage sits on a large corner lot with a mature shade tree accenting its desert landscaping and a bubble drip system providing easy maintenance. The home features 3 bedrooms, 2½ baths, a loft, and a den that could easily be converted to a fourth bedroom if desired. At 1,874 square feet, this two-story home has an open “greatroom” floorplan, tile throughout downstairs, ceiling fans, and window blinds. The large, open kitchen has lots of cupboard space as well as a pantry, and all appliances (stove/oven, refrigerator, disposal, dishwasher, washing machine,

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7508 Bush Garden Ave,Las Vegas, NV 89129

5 beds 3 baths 2,896 sqft $410,000

7508 Bush Garden Ave

Elevated patio overlooks 40-foot pool w/ Jacuzzi. Huge granite kitchen with 7 1/2-ft-long island and sep. breakfast area. Sep. dining rm. Formal living rm. Open concept family room off kitchen. Custom shutters. 3-car garage. Solar screens. No-break glass on accessible windows. Easy-care landscape. Low HOA dues. Dual sinks in both upstairs bathrooms. Only 1 owner. Super clean home near elem school!

Contact Anthony Alfonzo for more info ! Email anthonylv@greatlasvegashomes.com

Open House Saturday September 15' 2018 with Vito LaMorte from 11am to 3pm Contact vito@greatlasvegashomes.com for more info.
Open House Sunday September 16'2018 with Rudy Hsieh from 1pm to

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networth of homeowners

 

 Monday August 20th, 2018  First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data, covering 2013-2016 was recently released.

The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased by 5% ($5,200 today compared to $5,500 in 2013).

These numbers reveal that the net worth of a homeowner is over 44 times greater than that of a renter.

Owning a home is a great way to build family wealth

As we’ve said before, simply put, homeownership is a form of

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You might have noticed some unfamiliar faces around town recently.

Clark County welcomed 46,375 new residents — an average of 127 per day — between July 1, 2015, and July 1, 2016, according to annual population estimates released Thursday by the U.S. Census Bureau.

Only Maricopa County, Arizona, and Harris County, Texas, saw a higher number of new arrivals over the same period. The county that includes Phoenix grew by 81,360 residents, while the county that takes in most of the Houston area grew by 56,587 residents, the Census Bureau said.

As of July 1, Clark County was home to just under 2.16 million people, a 2.2 percent increase over the previous 12-month period.

According to the Census Bureau, Nevada’s most-populous county saw 27,352

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The Nevada Partners & Culinary and Bartenders Housing Partnership has placed over 560 union families into homeownership since it was created in 2008 and provided approximately $4,000,000 in down payment assistance and closing costs.

Key Elements of the Program Include:

1. The down payment assistance loan up to $20,000 has a 0% interest rate.

2. You do NOT have to pay back the loan until you sell, transfer or refinance.

3. You must live in the house you buy (no second homes or vacation homes).

4. You must NOT have owned a home within the past three years.

5. You must contribute up to 3% of the purchase price.

6. Your combined household income can't be greater than $76,680 for a 1-2 household.

7. For a household with 3 or more

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Retirees have been a player in the local economy for decades, but the breed of retiree has shifted over the course of the years. Sure, there’s always that snowbird looking to avoid harsh winters, but California has now overtaken the conversation as the largest feeder market for the Silver State. Simple real estate economics are driving this trend.

“I had a client from Newport Beach who said a beautiful $750,000 home here would be $2.2 million in Newport, and it wouldn’t even be on the water front,” said Ray Glasser, a real estate agent with Summit Properties who specializes in working with retirees.

With the influx of California retirees and others, homebuilders are taking note. With three age-qualified communities currently selling new units and a

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But some markets have yet to fully recover from the crisis

The U.S. housing market has gained back all $9 trillion in value lost during the 2007 recession, according to a recent Zillow report. Furthermore, the average U.S. home is now worth $55,200 more than it was at the bottom of the housing bust.

Zillow says West Coast markets have fared the best since 2007, thanks to robust job growth and low inventory that has pushed home values up. On the other hand, The Sand States (California, Florida, Arizona and Nevada), excluding California, have yet to fully recover from the disproportionate impact the housing bust had on them.

The median home in San Jose and Las Vegas dropped $190,000 in value during the recession, but today, homes in Las

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Click below to see the individual report:

Condo Report

Hi-Rise Report

Inventory Report

Investor Report

Loan Ratio

Mortgage Report

NOD Daily Report

NOS Daily Report

PID Graphs

SFR Activity

SFR Activity: $0-399k

SFR Activity: $400k-749k

SFR Activity: $750k+

SFR Appreciation

SFR Appreciation: $0-399k

SFR Appreciation: $400k-749k

SFR Appreciation: $750k+

Subdivision Turnover

Townhome Report
  

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