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

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

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

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.

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

Las Vegas Nevada Real Estate

Luxury Real Estate Home Sales For Oct 14 - 20 2008

$1.35 million, Red Rock Country Club in Summerlin, 5,037 square feet, 5 bedrooms, 5.5 baths, and mountain views, custom cabinetry, infinity edge pool, mahogany wood and travertine floors.

$2.5 million, Canyon Gate Country Club luxury home, 7,876 square feet, 5 bedrooms, 5.5 baths, three-fourths acre, casita, fairway golf course views, five-car garage and pool.

Continue reading Million Dollar Luxury Las Vegas Real Estate Sold From Dec 1-7 2008

Solamar homes in North Las Vegas real estate by Pardee starts in the high $200,000s.  Solamar homes will be the newest at Vista Verde community with Madera and Alvarado and neighborhoods. Vista Verde is located in Centennial Hills Las Vegas, Nevada and is near Silver Stone Golf Club, Las Vegas’ Extreme Sports Park, Mountain Ridge Park and Centennial Hills Hospital.

Continue reading Solamar Homes In North Las Vegas Real Estate By Pardee Start At $270,000