LAS VEGAS REAL ESTATE | HOMES FOR SALE IN LAS VEGAS | LAS VEGAS NEW HOME

Las Vegas real estate market update and resale home sales for October 2008.  Do we see light at the end of the tunnel?  Home prices seem to have reached the lowest and month to month sales have increased.

Big housing market new this past month was the low amount of only 329 new building permits for North Las Vegas, Henderson and Las Vegas, Nevada.

Continue reading Las Vegas Real Estate Market Update & Resale Home Sales For Oct 2008

Las Vegas Nevada Real Estate

Luxury Real Estate Home Sales For Oct 7 - 13 2008

$1.55 million, Spanish Trail Las Vegas, 5,507 square feet, 5 bedrooms, 5.5 baths, balcony with view and a stone waterfall.

$1.04 million, Red Rock Country Club, 3,638 square feet, 4 bedrooms, 4.5 baths, built-in barbecue, palapa hut and pool.

Continue reading Million Dollar Luxury Las Vegas Real Estate Sold From Oct 14-20 2008

Las Vegas real estate market update and resale home sales for September, 2008.  Falling home prices and a big drop in sales shows a continued weakening of the residential real estate market.

New homes sold in Las Vegas, Nevada for the third quarter was 2,545 units.  Year to date showed a decrease of 50 percent or 2,546 new homes.  The strongest quarter with 11,198 sales was registered in the fourth quarter of 2005.

Continue reading Las Vegas Real Estate Market Update & Resale Home Sales For September

Credit for housing mortgages now takes longer for luxury condo buyers in Las Vegas real estate.  Condo hotel units are currently appraised at a significant discount from the contracted price several years ago.  Some units are valued 30 percent less and the mortgage lender is lending on the current appraisal.  Most Las Vegas condos on the Strip had a deposit from 20 to 30 percent down.

Continue reading Credit For Housing Mortgages Now Takes Longer For Luxury Condo Buyers

Las Vegas Nevada Real Estate

Luxury Real Estate Home Sales For Sept 30 - Oct 6 2008

$1.2 million, Southern Highlands Las Vegas, 3,220 square feet, 2 bedrooms, 3.5 baths, courtyard entry, professionally decorated and former model home, second-floor game room, golf and Strip views.

$1.08 million, Southern Highlands Real Estate, 3,936 square feet, 3 bedrooms, 3.5 baths, golf course home with view of 5th green, exterior stone, crown molding, custom wood entry, luxurious pool and spa.

Continue reading Million Dollar Luxury Las Vegas Real Estate Sold From Oct 7-13 2008

Las Vegas Nevada Real Estate

Luxury Real Estate Home Sales For Sept 23 - 29 2008

$1,390,000, Topaz Ridge in The Ridges at Summerlin, 1-story home, courtyard entry model like home, Viking appliances, office with wood floors, Strip view, salt water pool and spa.

Continue reading Million Dollar Luxury Las Vegas Real Estate Sold From Sept 30-Oct 6