One Queensridge Place in Las Vegas is proud to welcome Summerlin resident Randy Char as Senior Vice President, Sales and Marketing. He will serve as the broker of record for One Queensridge Place and Executive Home Builders (EHB).
The Modern Las Vegas loft condominiums completion was announced recently by BondRok Partners. With 83 mid-rise lofts ranging from 1,234 to 2,723 square feet, this new community presents a simple, clean style and a wealth of amenities including a resort-style pool and sun deck, two-story fitness center, three open courtyards, and an on-site concierge.
Las Vegas home sales skyrocket in real estate market for 13 months in a row. The Greater Las Vegas Association of REALTORS reported prices continued to decline in April and is leading the US in home sales.
Homes listed for sale in the multiple listing service has continued to decline in April to 22,112. A 3.6 percent fall from a year ago of 24,000 units. Inventory also declined due to the moratorium the Fed placed on real estate from November 2008 to March 2009.
Foreclosures in Las Vegas have affected home sale prices dramatically. Sale prices have fallen to levels only seen eight years ago due to two thirds of homes due to foreclosures.
Nearly the past 12 months rising home sales due to a multiple listing service median existing home price of $134,900 in March. The median price same month in 2008 has fallen 41.3 percent.
Record closings of totaled 3,626 homes or an increase of 85.6 percent. The median price of bank owned home closings during March was even lower at $127,000.