December 2011

Found 1 blog entry for December 2011.

As 2011 comes to an end, we are seeing several indicators that the real estate market is beginning to improve across the U.S., and in Las Vegas in particular.  From the Wall Street Journal, we have today's article  which outlines several indicators ranging from National Assoc. of Realtor's report that pending home sales jumped to the highest level in 19 months in November.

A second article in today's Wall Street Journal outlines that the big Hedge Funds have been "buying housing-related investments, betting on a rebound".

The above stories are from a National viewpoint.  In Las Vegas, we are seeing our inventory continue to dwindle.  As of today, December 29, we only have 9253 single family homes, 1612 condos and town homes, and 401 high rise condos

1,015 Views, 0 Comments