January 2016

Found 3 blog entries for January 2016.

NAHB’s International Builder’s Show is all about the latest design trends.  It was held in Vegas last week and we saw some awesome products.  The show was packed.   A sure sign that things have changed since the doom and gloom years of the housing collapse.  This is a great show to attend if you are serious about Real Estate.  The show also covered the economic outlook and the demographics of today’s buyers.  It's a must go event for anyone involved in the housing market.

Exciting Design Trends for 2016

Home Design Trends 2016Before we get to the economic news for 2016, the new design trends are awesome.  Our favorite was the “Culinary Preservation Centers” by Thermidor.  Judging from the number of people jumping in front of the camera to open them, they’re a hit.  These

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Homes For Sale in Las Vegas and Henderson in 2016

As we start the New Year, there are only 6833 Single Family Homes listed for sale in the Greater Las Vegas MLS.  Condos, townhomes and high rise properties add another 2176 options for buyers.  Buyers in today's market can choose from a total of 9029 homes for sale.  This is down from 9768 in early December and 9821 homes for sale in January 2015.

Out of the current listings, only 703 of the single family homes are short sales.  Short sales are involved in 161 of the condos, townhomes and high rise condos.  Foreclosures offer 298 single family homes plus 86 condos, townhomes and high rise condos.  Only 13.8% of the current listings are distress sales.

What SOLD in December 2015?

We closed

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Las Vegas High Rise Condos For Sale

As we enter 2016, we find 500 condos listed for sale in Las Vegas' top high rise buildings.  Down from 549 last month but up from the 441 this time in 2014.  

Nine of the current high rise listings are short sales.  Seven are foreclosed properties.  The foreclosures include two units at Allure, two at SKY, two at Palms Place and one at Metropolis.  The short sales include two at SOHO Lofts and Panorama Towers.  You'll find one each at Turnberry Place, Allure, Trump, MGM Signature and Palms Place.

Bargain Hunters will find nine options priced at less than $200/sf.  Unit 803 at Metropolis continues to claim the lowest price per square foot at $146/sf.  This one is a foreclosure that has been listed for 144 days.

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