Homes For Sale In Las Vegas Real Estate Fall To $77 Per Square Foot

Harmony HomesHomes for sale in Las Vegas real estate fall to $77 per square foot.  A new floor plan offered by Harmony Homes is located in their Harmony Pointe Collection in North Las Vegas.

The new North Las Vegas homes offer their largest floor plan with five bedrooms and three bathrooms.  The new home is 3,023 square feet with large living areas.

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New North Las Vegas Homes Offer Builder Incentives To New Home Buyers

Franklin Park HomesNew 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 Median Prices Record Level Fall

ForeclosuresResidential 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.

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

ForeclosuresLas 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.

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

ForeclosuresLas 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?

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Million Dollar Luxury Las Vegas Real Estate Sold From Dec 8-14 2008

Las Vegas Luxury Real Estate

Las Vegas Nevada Real Estate

Luxury Real Estate Home Sales For Dec 1 - 7 2008

$2.28 million, Red Rock Country Club in Summerlin, 5,555 square feet, 5 bedrooms, 4.5 bathrooms, custom iron railings, marble and wood floors, extensive stone and millwork, Viking appliances and remote shades in this luxury golf course home.

$1.18 million, Summerlin Real Estate, 4,586 square feet, 3 bedrooms, 3.5 bathrooms, guard gated golf course home, highly upgraded, grand entry, courtyard with waterfall.

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