Las Vegas Real Estate News from Local Professionals

Archive for September 2008

Las Vegas Condos Summer 2008 Sales

Sep 18th, 2008 | By Makea Turner (Check me out!) | Category: Las Vegas Condos

from ———-Las Vegas High Rise Condo Blog Your #1 source by Makea Turner

Today I though I would put together a few graphs that illustrate the sales at Panorama Towers 1&2, The Signature At MGM, & Turnberry Place, which by the way were the top 3 selling developments for the summer of 08. As you can [...]



Las Vegas High Rise Condo News August 2008

Sep 18th, 2008 | By Makea Turner (Check me out!) | Category: Las Vegas Condos

WOW! It’s been a few weeks since i have reported on the Las Vegas High Rise Condo market and it’s activities but now we are back in action. Alot has happened since i reported last, such as MGM’s City Center has pretty much secured all financing for the multi billion dollar strip development which will [...]



August Las Vegas Home Sales Looked Strong as a Lion

Sep 18th, 2008 | By Grant House (Check me out!) | Category: Featured Real Estate Articles

Las Vegas is selling single family homes a little faster than we did in July. The number of contingent SFR contracts stands at 3809; the number in pending is 2630.
What is pending vis-a-vis contingent? Given the odd contract scenarios foisted upon innocent buyers by the investor-sellers, there is no difference in this context. Both mean [...]



August Pending Home Sales Hit New High

Sep 18th, 2008 | By Grant House (Check me out!) | Category: Featured Real Estate Articles

Yes, there is chaos on Wall Street. Yes, it will no doubt affect the national economy.
The relevant question for this column is, “How will it effect the Las Vegas economy?”
Pending single family transactions are at the highest level of the whole year at 6466 today at 11:30 AM. That is up 143 over the August. [...]



August 2008 Las Vegas Bank Repo Update

Sep 15th, 2008 | By Max Schmidt (Check me out!) | Category: Featured Real Estate Articles

Just a couple quick notes on the current state of Las Vegas repossessions for August.  A national analytics company , First American CoreLogic reports that ” The Q3 2008 Core Mortgage Risk Index (CMRI) has risen 12% above a year ago and increased for eleven of the last twelve quarters. The CMRI—which forecasts delinquency risk—is [...]