GLVAR reports home prices up 18 straight months

An 18-month run of rising home prices showed no signs of slowing down in July, according to the Greater Las Vegas Association of REALTORS (GLVAR).

GLVAR report shows 18-month run of rising home prices LAS VEGAS – An 18-month run of rising local home prices showed no signs of slowing down in July, according to statistics released today by the Greater Las Vegas Association of REALTORS (GLVAR). “Local home prices have been going up since February of 2012 and are… [More…]

North Las Vegas’ Eminent Domain Scheme: Well-Meaning, but Dangerous

North Las Vegas' eminent domain is wrong on so many levels. It violates the Nevada Property Owners’ Bill of Rights.

San Francisco-based Mortgage Resolution Partners (MRP) has been pitching a scheme to get distressed cities to use their right of eminent domain to seize underwater homes and pay MRP to help restructure the mortgages. They tried and failed in several cities before finding a receptive audience in North Las Vegas. Naturally, city officials want to… [More…]

GLVAR reports modest increase in homes for sale as prices keep rising

LAS VEGAS – Statistics released by the Greater Las Vegas Association of REALTORS (GLVAR) show existing home prices continuing to rise as the supply of homes available for sale posted a welcome increase. “When you compare existing local home prices to one year ago, we’re still posting big increases, at least for now,” said 2013… [More…]

Many Renters Not Rushing Back to Home Buying

Home buying is not a near-term goal for many renters. This is according to the 2013 National Renters Survey, published by Premier Property Management Group.  The survey found that 20 percent of apartment dwellers and 25 percent of individual property dwellers plan to stay where they currently rent for five or more years.  About half of… [More…]

RMI Management and Excellence Community Management Change Name to FirstService Residential

LAS VEGAS, NV – The corporate headquarters of FirstService Residential has announced that its subsidiaries, RMI Management and Excellence Community Management, have been renamed FirstService Residential. This name change is part of FirstService Residential’s national rebranding effort, which took effect on June 27, 2013. FirstService Residential is the largest manager of residential communities in North… [More…]

Survey Finds Renters are in No Rush to Buy Back into the American Dream

Ryan McNamara

Las Vegas – Despite real estate industry claims that five to six million new homebuyers will be created in the next 10 years, a current survey of apartment and home renters suggests otherwise. The 2013 National Renters Survey, published by Premier Property Management Group (www.appfolio.com), found that 20 percent of apartment dwellers and 25 percent of… [More…]