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LAS VEGAS FORECLOSURES
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Welcome to our Las Vegas Real Estate MLS Search
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14,632 Greater CLICK HERE to be INSTANTLY connected to our
Las Vegas Homes for Sale
Las Vegas Real Estate MLS Search where you can view
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The Michelle Sterling Las Vegas Real Estate Team would like to present one of the most financially compelling residential real estate opportunities in the entire country. Las Vegas foreclosures are offering savvy buyers the chance to secure a highly attractive long-term investment at prices that have dropped to fire-sale levels. Are you still thinking that this is probably a good time to keep watching the market and waiting? Please take a moment to read the next few paragraphs in case you might want to reconsider.
The Las Vegas Real Estate Opportunity
Las Vegas real estate was one of the very first residential markets to suffer from what quickly became a nationwide housing downturn of historic proportions. Southern Nevada got hit faster and harder than almost any other region in the country and there's no denying it. However, there is an interesting flip-side to the Las Vegas foreclosure coin. Accumulating evidence strongly suggests that the Las Vegas real estate market is beginning to stabilize due to a dramatic and sustained upsurge in buyer activity. Discerning investors and first time buyers alike are finding our market especially attractive at current prices.
The truth of the matter is that Las Vegas foreclosures are attracting increasing hoards of focused and determined buyers. As a result, excess inventory is being steadily absorbed and the first layers of pavement on the road to recovery are being laid down. Is this really happening in the market for bank-owned Las Vegas homes? The data indicates clearly that the answer is yes. Clark County, which still has some of the highest foreclosure rates in the country, now also has the biggest sales increases in the entire southwestern region. As of October 2009, the Las Vegas real estate market posted 19 consecutive months where sales of existing single family homes rose on a year-over-year basis. This trend is both solid and highly encouraging.
Our Las Vegas MLS Search is at Your Disposal
Our recently redesigned Las Vegas MLS search tool is free, immediately accessible with just one click and easier than ever to use. This comprehensive database of all available residential properties for sale in Southern Nevada forms the foundation for every targeted research tool on the Michelle Sterling Team website. Our Las Vegas MLS search presentation features a user-friendly interface that allows you to take a wide view of properties all across the valley, or to adopt a more targeted approach that designates such factors as location, specific price points and detailed residential features. Additional options for drill-down purposes include specific street addresses, individual mls numbers and zip code areas.
The Attraction of Las Vegas Homes
US News & World Report recently completed a comprehensive survey entitled America's 10 Best Undervalued Places to Live. The goal of the analysis was to identify residential markets that were not only drastically discounted on a pure pricing basis, but also represented locations that offered a high quality of life and promising long-term prospects. Number one on the US News Top 10 list of America's 10 Best Undervalued Places is Las Vegas, Nevada. There is nothing surprising about this. Everything from our taxes (second lowest in the country after Wyoming) to the weather to the entertainment to our geographic location make Las Vegas a truly one-of-a-kind city.
In addition, IHS Global Insight, a highly respected market-leader in economic and financial forecasting, recently released their first-quarter 2009 residential real estate analysis, entitled House Prices in America. The study carefully examined the top 330 residential real estate markets (representing 78% of all existing housing units nationwide) to determine what home prices should be in relation to rigorous fundamental valuation models. Applied criteria include historical pricing trends, foreclosure inventory levels, population growth statistics, relative income levels between metropolitan areas, employment data and current interest rates, among many others.
IHS Global Insight concludes that Las Vegas real estate is currently 41% undervalued based on market fundamentals as expressed by their housing valuation models.
Team Leader Michelle Sterling has been a resident of Southern Nevada for 28 years and a licensed Las Vegas real estate agent for over 14 years. Depth of experience within the Las Vegas real estate community has no substitute. The professional services of every agent on the Michelle Sterling Team are at your disposal. It's our pleasure to be of service to you.
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SEARCH ALL LAS VEGAS REAL ESTATE FOR SALE
BY PRICE RANGE
A LAS VEGAS REALTOR IS STANDING BY FOR YOUR CALL
CALL NOW FOR
IMMEDIATE ANSWERS TO YOUR QUESTIONS
888-349-2595
CALL NOW FOR
IMMEDIATE ANSWERS TO YOUR QUESTIONS
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The Lifestyle Benefits of Las Vegas Real Estate
You can expect your new Las Vegas home to provide a broad and diverse residential experience that is worthy of your decision to live in our great city. The purchase of Las Vegas real estate opens up a wealth of choices and opportunities that range from business to pleasure, relaxation to recreation and so much more. Case in point; National Geographic Adventure Magazine ranked Las Vegas #1 on its list of the Top 50 Places to Live and Play. Don't be so surprised! We offer an excellent quality of life that extends well beyond casinos and nightclubs. Southern Nevada provides hikers, mountain bikers, skiers, runners and rock climbers a world-class outdoor playground that more than impressed National Geographic. From cliff climbing in Red Rock National Conservation Area to snowboarding at scenic Mount Charleston, we've got it all for outdoor recreation enthusiasts. You can also expect the local weather to cooperate with your outdoor plans on a regular basis, as the Las Vegas valley averages 325 sunny days a year and less than five inches of rain.
Additionally, let's not forget some of the highly attractive financial and taxation advantages associated with owning a Las Vegas home and establishing residency. State of Nevada residents pay no state income tax and our property taxes are some of the lowest in the country. In fact, our overall tax burden is the second lowest in the United States (after Wyoming). Depending on the state from which you relocate, this can mean substantial savings to you and more of your own money to enjoy. To be quite honest, there are few places in the world better suited to having more money to enjoy. Las Vegas has expanded and upgraded to the point where one can experience world-class levels of shopping, dining and entertainment on a consistent basis. Spectacular Las Vegas luxury homes have been wrapped around some of the most beautifully crafted fairways and greens in golfing existence, with clubhouse facilities that provide every conceivable amenity. As you can see, Las Vegas real estate provides your passport to everything beneficial about our unique and dynamic city.
A LAS VEGAS REAL ESTATE AGENT IS AVAILABLE NOW
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TO YOUR QUESTIONS BY CALLING
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Summerlin Real Estate
Summerlin real estate is, by many accounts, the crown jewel of master-planned communities in Southern Nevada. One afternoon spent touring through Summerlin would make it immediately apparent as to why it was America's best-selling residential master-plan for ten years in a row. The Michelle Sterling Team probably receives more inquiries about Summerlin homes than any other specific community in Greater Las Vegas. Comprising a substantial portion of the western quadrant of the Las Vegas valley and providing the gateway to Red Rock Canyon National Conservation Area, the Summerlin real estate experience represents the finest in residential/recreational integration. The parks are beautiful, the arroyos are sweeping and the golf courses are plentiful. As if that wasn't enough, you just wouldn't believe the views.
THINKING OF SELLING YOUR LAS VEGAS REAL ESTATE?CLICK HERE FOR A FREE CURRENT MARKET VALUE
REPORT FOR YOUR LAS VEGAS HOME
The Michelle Sterling Las Vegas Real Estate Team would like to thank you for the opportunity to present what we believe to be the most exciting and satisfying place to live in the United States. Southern Nevada has a very bright future and the market for Las Vegas homes plays an integral role in the ever-developing story of our spectacular desert oasis. Please enjoy our Las Vegas real estate website and don't hesitate to call us with any questions. It's our pleasure to be of service.
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