A report released Tuesday by Las Vegas REALTORS® (LVR) shows local home prices dipping for the second straight month, with fewer homes selling and more available for sale. LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during July was $465,000. That’s down from the all-time record price of … [Read more...] about Las Vegas Area Home Prices Dip for Second Straight Month
home prices
January 2013: Around the State
Home Prices Rising in Las Vegas According to recent statistics from the Greater Las Vegas Association of Realtors (GLVAR), Southern Nevada home prices increased again in November. The median price of single-family homes sold was $146,000, up 4.3 percent from the $140,000 in October and up 16.8 percent from the same period last year. Alternatively, in November, home sales went … [Read more...] about January 2013: Around the State
October 2012: Around the State
Second Annual Broadband Summit to Connect Nevada Communities Co-hosted by Connect Nevada and the governor’s Nevada Broadband Task Force, the second annual Broadband Summit, Connecting Communities, is expected to address Nevada job creation and local economic development through the access, adoption and use of broadband services. The event is being held towards the end of this … [Read more...] about October 2012: Around the State
August 2012: Around the State
Home Prices Up for Fifth Straight Month Statistics released by the Greater Las Vegas Association of Realtors (GLVAR) show existing home prices in June increased for the fifth straight month and supply of local homes listed for sale continues to tighten. The total number of homes, condominiums and townhomes sold in June was 3,945, which is down from the 4,134 in May. The median … [Read more...] about August 2012: Around the State
Series LLCs: Protect Your Investment
With home prices at historic lows, and mortgage interest rates around 4%, real estate investment is on the rise. If you own (or are considering owning) multiple rental properties, consider starting a series LLC (“Series LLC”) to maximize liability protection and save costs. Since the creation of limited liability companies (“LLCs”), an owner of multiple real estate … [Read more...] about Series LLCs: Protect Your Investment