June 2013

Tips for Surviving Las Vegas Heatwave - As the old saying goes, "if you can't stand the heat, get out of the...."  There are some folks, myself included who truly love the hot weather.  I prefer it on days when I can work at home on the computer with occasional pool breaks.  Even if you enjoy the heat, it can still creep up on you.  The Las Vegas Review Journal, reports that the heat is already causing medical emergencies.

Here are some tips for surviving Las Vegas Heatwave that I've learned over my years of living in the desert:

1 - Number one on any list is to have lots of water on hand.  I routinely pack an ice chest with chilled water and the frozen ice packs to keep it chilled when I'm working with buyers in the heat.  While I do this for

7760 Weavercrest Las Vegas, NV 89166 offers 1944 sf of spacious living with 3 bedrooms, 2.5 baths and lots of upgrades.  This lovely home is in the Saratoga Highlands subdivision in the Providence masterplan.  Providence is located in Centennial Hills in Northwest Las Vegas.  Convenient to the 215 Beltway and the 95 Freeway, this is a great spot for those who enjoy being near the Mountains but a quick drive to everything.  To see all homes in Centennial Hills, click here.

7760 Weavercrest Las Vegas, NV 89166 upgrades include: 

Island Kitchen with Stainless Appliances

Stone Pavers

Ceramic tile in entry, kitchen and baths

Granite Counters in Kitchen and baths

Upgraded cabinets

Ceiling fans in living room and master bedroom

Blinds on

Las Vegas High Rise Market Update - June 2013  Click here to see all current high rise condos and penthouses listed for sale.

As we enter into June, I'm beginning to sound like a broken record as the number of high rise condos listed for sale continues to decline.  We currently have 383 units listed today.  In the month of May, we sold 83 units thru the MLS.  That brings the current inventory down to a 4.5 month supply of units.  The high rise market has lagged behind the Las Vegas traditional housing market in its transition to a seller's market.  With less than a six month supply, the high rise segment has also moved into a seller's market.

We do still find unsold units at Turnberry Towers, Veer, the Mandarin Oriental, Trump and the Martin.

Las Vegas High Rise Market Update - June 2013  Click here to see all current high rise condos and penthouses listed for sale.

As we enter into June, I'm beginning to sound like a broken record as the number of high rise condos listed for sale continues to decline.  We currently have 383 units listed today.  In the month of May, we sold 83 units thru the MLS.  That brings the current inventory down to a 4.5 month supply of units.  The high rise market has lagged behind the Las Vegas traditional housing market in its transition to a seller's market.  With less than a six month supply, the high rise segment has also moved into a seller's market.

We do still find unsold units at Turnberry Towers, Veer, the Mandarin Oriental, Trump and the Martin.

As our weather hits triple digits the Las Vegas Housing Market Update for June 2013 shows that the housing market is also heating up.  This is typically a busy time of year as families try to time their buying and selling to move while the kids are out of school.

Our MLS currently offers 3145 single family homes for sale.  Condos and townhomes add another 975.  A total of 4122 homes for sale is definitely creating a seller's market.  Click here to search all current listings.

In May, we sold 3455 single family homes, condos and town homes in the Las Vegas/Henderson areas.  That's a slight increase over the monthly average of 3145 homes sold per month over the past twelve months.  Fifty nine per cent or 2036 of those homes were purchased with cash.