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

New north Las Vegas homes offer builder incentives to new homes buyers.  Special pricing and some included home furnishings will be included with the purchase of a home by Meritage Homes until the end of February.

New home designs have been introduced for 2009.  The 10 new plans include efficient use of space that are affordable to first time home buyers.  Four neighborhoods that will showcase the designs are Andover, Brookline, Salem and Concord at Northern Terrace.

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Residential real estate in Las Vegas, NV prices median home prices decline that haven’t been seen for six years.  Prices were looking good for the end of Dec. 2008, but prices and sales took a dive.

Median Las Vegas home prices fell to a record low in 2003.  The January price was a 8.6 percent decrease from Dec. and year to date huge 36 percent decrease.

The Greater Las Vegas Association of REALTORs or, GLVAR, show a 126.2 percent gain of year to date totals, but fell 11 percent from a month earlier.  Home sales levels topped 2,000 at May and finished the year at the same level.

Continue reading Residential Real Estate In Las Vegas Median Prices Record Level Fall

Monster home sale prices at Maravilla Homes in Mountains Edge Las Vegas, Nevada.  Residential real estate by Amstar Homes are starting in the $150,000s in the master planned community for a limited time only.

Pricing has dipped to a level comparable with condos for sale in Las Vegas, NV.  New homes offered are for two three bedrooms plans within the Courtyard and Villa neighborhoods.  Customization choices are finishes, colors, optional features and several elevations.

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Solar powered green homes in Las Vegas real estate are now available.  Builder, Pulte Homes, is offering Villa Trieste “green” and more energy efficient homes for sale in Las Vegas.  Homes are priced from the mid $200,000s.

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Las Vegas real estate market update and resale home sales for December 2008.  The Greater Las Vegas Association of REALTORS reported median home prices fell 32.7 percent and home sales went up almost 300 percent from a year ago.  Buyers are realizing that it is a great time to buy property.

Good news to report that during this time of economic crisis the monthly residential real estate sales continues to increase.  Traditionally December is a slow month for sales, but not for Dec 2008.

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

Las Vegas real estate market update & resale home sales for November 2008.  There were more than 60 percent of homes listed in the multiple listing service as bank owned resale properties.  With 2008 being one of the worst home sales years it will take a while for the market to rebound.

Nationwide news chronicle reports mortgage rates keep dipping.  Many home owners took advantage of the almost 5 percent rate recently and are seeking a home refinance.  Will this be a push the market needs for an economic stimulus?  Or is the worsening economy negated by the benefits of the rates in the very heavy foreclosure glut of Las Vegas Nevada real estate?

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