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

ForeclosuresLas 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.

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Single And Two Story Homes For Sale At Riverstone Start At $204,950

Riverstone HomesSingle and two story homes for sale at Riverstone start at $204,950.  Riverstone is located at Prescott Park in Las Vegas real estate by Pardee.

Home buyers access to a private 4.5 acre park, special mortgage financing programs, large home floor plans and reduced energy costs through the energy efficient EnergySmart home that includes sealed ducts and ceiling insulation for improved indoor air quality.

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Las Vegas Land Prices Plummet Near A Record Devaluation Of 74 Percent

Focus Property GroupLas Vegas land prices plummet near a record devaluation of 74 percent due to the real estate market and higher than normal commercial real estate vacancy rates.

Third quarter real estate sales this year have been 427 acres for an average price of $524,725 an acre.  This is a massive decrease from the 2007 same quarter totals.

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Home Buyers Incentives Are Abundant At Aliante Las Vegas Real Estate

Solamar HomesHome buyer incentives are abundant at Aliante Las Vegas real estate.  This is the final construction phase of the North Las Vegas master plan.  Incentives from financing options, competitive pricing and reduced down payments from several new home builders.

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Luxury Homes In Lake Las Vegas Discount Home Prices By Up To $75,000

Bella Fiore Home In Lake Las VegasLuxury homes for sale in Lake Las Vegas discount home prices by up to $75,000.  Three weeks ago two plans new floor plans were higher on The Falls Golf Course at the resort.  Homes by Pardee are now priced from the $400,000s.

The real estate development is located off of Lake Las Vegas Parkway along the main entrance of the resort.  Beautiful scenery, amazing views of Las Vegas Strip and mountains can be seen from these golf course homes at Bella Fiore.

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

Las Vegas Luxury Real Estate

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.

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