Las Vegas Real Estate News from Local Professionals

Posts Tagged ‘ Grant House ’

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 [...]



Leading Indicators Show Las Vegas Sales to Stay Strong through August!

Jul 28th, 2008 | By Grant House (Check me out!) | Category: Las Vegas Real Estate News

Somebody ought to write a positive headline once in a while, especially when the Las Vegas closing numbers look good.
Pending Sales:
Pending sales for single family homes are above 2700 units today. Pending sales hovered around 2500 during May and 2600 in June and produced closings above 2000 units in each of those months. Contingent sales, [...]



A “Thin-Slice” of the Market Correction

Jul 28th, 2008 | By Grant House (Check me out!) | Category: Las Vegas Real Estate News

Here’s what I think happened:
I will try to be brief. This is a snap shot, not a docu-drama, but I had to tell somebody.
The media has a different point of view, of course, but in my experience here in Las Vegas, those greedy investors who are now getting what they deserve and those poor home [...]



Crunching Numbers - The Past Is Behind Us

Jul 2nd, 2008 | By Grant House (Check me out!) | Category: Las Vegas Real Estate News

Las Vegas pending single family sales were at 2234 on May first (we officially closed 1794 units for April - the preceding 30 days), 2542 on June first (we officially closed 2026 for May) and we have 2591 pending sales today (we unofficially closed 2116 units in June).
If that holds up, not only has each [...]