Archive for December, 2008

Las Vegas Foreclosures and First Time Home Buyers

Saturday, December 20th, 2008

I am advising first-time home buyers in the Las Vegas real estate market to keep an especially close eye on highly attractive pricing opportunities for both new and resale homes in 2009. Buyer activity in September, October and November of 2008 clocked-in at roughly double the sales pace from year-ago figures. I would also refer you to the (more…)

The Number One Market for Sellers to Find Buyers? Las Vegas, Nevada

Monday, December 15th, 2008

Forbes.com recently published an interesting story and survey that addressed the question of which real estate markets in America were the most active for what Forbes termed “trapped homeowners seeking sales”. The number one ranking for this rather unusual, yet timely and appropriate criteria (which speaks volumes about current real estate and economic conditions) was Las Vegas, Nevada (followed by Yuba City, Arizona and five California markets). Are these “trapped” Las Vegas homeowners selling at a (more…)

Las Vegas Foreclosures and Sam's Club: Is There a Comparison to be Made?

Thursday, December 11th, 2008

Sales figures in the Las Vegas real estate market are definitely on the upswing. Speculation is increasing that the market is finally starting to find a bottom. For the last three months in a row, home sales have doubled from year-ago figures. What’s going on here? Actually, the very same thing that motivates (more…)

The Investment Potential of Las Vegas Foreclosures

Monday, December 8th, 2008

Las Vegas real estate prices have dropped to levels of feasibility not seen in years as viewed from the perspective of positive cash flow investing. When you combine the invest-to-rent financials with current data on rental occupancy rates in Southern Nevada, the picture becomes even more (more…)