Who’s afraid of the big bad bailout? Apparently not buyers in Las Vegas. After the final MLS updates have trickled in, Single Family Home Closings in Las Vegas between 9/1/08 and 9/30/2008 total 2671.

This is the highest number of 2008.
This is the first time more homes closed in September than in August in at least [...]

One of our new clients offered some insight into the current real estate market when they said, “You only get hurt on a roller coaster if you jump off.”
Concerning the “bail out” or “buy in” some comedians, Bill Maher for instance, are suggesting possible countries to run to. That seems to me like running to [...]

“I will spend the weekend working with members of Congress of both parties to examine approaches to alleviate the pressure of these bad loans on our system, so credit can flow once again to American consumers and companies,” Henry Paulson (Us Treasury Secretary) told CNN Friday.
I have previously said that “after the elections, the government [...]

This is a word from our sponsor … Us!

It has been a rough year for many real estate franchises in Las Vegas. My previous affiliation was with C21 Aadvantage Gold which, while I was there, was the top selling C21 franchise in the world for three years in a row. Now, like Merril Lynch, it [...]

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. [...]

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. [...]

The number of single family closings in Las Vegas came within a whisker of matching the high sales in July. We should see similar results in September because, pending sales (in this case, transactions labeled “C” - contingent - and “P” - pending) totaled 6237 on June 30. These produced the highest of the summer [...]

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 [...]

Single family Pending and Contingent transactions continue at the same rates we saw in July. Closed properties are slightly ahead of 15 July. So it looks like more than 2500 closed single family units for August 2008. We continue to see bidding wars on many properties at and below $100/sq ft, but let’s just call [...]

Las Vegas real estate experts discuss real estate timing with Jim Vander Mey, an accountant from Washington State. Jim explains why he feels it is a good time to buy a home in Southern Nevada.
Thanks to local Las Vegas real estate professionals Steve Hawks and Kedall Trotter for once again providing in depth coverage [...]