Las Vegas Nevada Real Estate Blog

VA loans have made a comeback in recent months.  We have not seen VA loans much during the Las Vegas real estate boom.  But, with recent mortgage problems and challenges for buyers trying to take advantate of our “buyers’ market,” VA loans are a great choice for qualified buyers.  In general, eligibility is limited to […]

The Las Vegas real estate market has had its challenges during the past year, but we do see the light at the end of the tunnel!  During my most recent real estate auction on March 23rd, more than 200 foreclosed homes were sold to the highest bidders……some real deals were purchases.  And, as importantly, the […]

Buyers often ask about the difference between a Foreclosure and a Short Sale.  A short sale implies a late payment status;  the lender(s) accept a price that is less than the outstanding loan(s) and the shortage is forgiven.  A foreclosure is a situation in which the lender has actually taken the property from the owner; […]

By mid 2007, the Las Vegas industrial market reported vacancies below historical averages.  There is limited supply for strong demand for industrial property, causing an increase in lease rates and investment return.  Across the valley, the average rent for industrial space is $.77 per square foot.  During the past few years, land valuations increased up […]

The ongoing mortgage freeze will continue to affect real estate activity in most cities throughout the country, and Las Vegas is no exception.  The private secondary market disruptions were the issue several weeks ago and those problems have had impact on conforming loans.  Mortgage originators are unable to sell “Alt-A” mortgages, which allows for those companies […]

Multi-family vacancy rates increased this year, partially due to an increased number of single family homes available for rent.  This was caused by a decline in the housing market, fueled by the mortgage problems and substantial inventory of homes for sale.  Many investors bought single family homes in 2000-2003, before the “boom” of accelerated appreciation.  […]

The Las Vegas economy is growing strong!  Las Vegas welcomed more than 33 million visitors in 2007, while average daily room rates increased by 12%.  McCarran International Airport processed a record number of 40.2 million passengers.  The Nevada Gaming Control Board reported statewide gaming revenue for Clark County as a 4% increase.  More than 68,000 […]

Do You want to learn how to STAGE your home?Do you want your home to be a “MAGNET” for prospective Buyers?Do you want your neighbors to tell everyone how GREAT your home looks?Do you want your home to sell BEFORE your Competition?Do you want your home to sell for the HIGHEST PRICE?Do you want to […]

Many buyers have asked me recently about the difference between a ”standard” Title Insurance Policy and the “Eagle Policy.”  Here are the important distinctions of the upgraded Eagle Policy, as explained by First American Title Company.
What Is It?The EAGLE Policy is new, and it automatically provides more coverage than any previous title insurance policy.  Some of […]

 
 
The Village At Queensridge is the newest $850 million mixed-use development in the growing southwest corridor of Las Vegas.  This is a 29-acre development which will feature more than 700,000 square feet of upscale retail, restaurant, entertainment and office space.  There will also be 340 “world class” condominium homes.  This property is currently under construction […]