From the category archives:

market stats

Retail, Industrial & Land Market November Update w/Brian Riffel, Las Vegas

December 13, 2009
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Las Vegs Real Estate Market Statistics, November 2009 Rob Report

December 9, 2009

The November numbers are in and are available for download as a pdf.  Charles Kap & I discuss the numbers on the video clip.
Jenson Group Stats – November 2009

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Las Vegs Real Estate Market Statistics, October 2009 Rob Report

November 5, 2009

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Jenson Group Stats – October 2009

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The Rob Report – September ‘09 Las Vegas Findings

October 10, 2009

The numbers are in for September.  Demand is still very strong for under $300,000.  Bidding wars are still common.  FHA buyers beware of homes that were recently purchased at a trustee sale, as they cannot be sold to a FHA buyer until 90 days after the purchase.  The higher price ranges are seeing a lot [...]

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The Rob Report – Las Vegas Real Estate, August 2009 Findings

September 2, 2009

The numbers for August are in.  Of most interest, the average sales price is up 1.3%.  Obviously this is fueled by the lower numbers of available foreclosures on the market and the short sale problem (buyer’s are reluctant to buy them and banks take 4-8 months to approve them).  Luxury home market is starting to [...]

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Las Vegas Real Estate Market Stats – July 2009

August 5, 2009

The temperature is HOT and so are the Las Vegas real estate deals.  I’ve said it before, the home prices are better this go around than the first Las Vegas boom.  Investment properties are cash positive and everything else seems to be selling at around 50% off from the peak.  Inventory is low on homes [...]

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Banks Continue to Waste Tax Payer Money & Drive Prices Into The Ground

July 5, 2009

First let me explain the problem (the short version) The banks take soooooo long in approving short sales that ultimately the home sells for less or goes into foreclosure and sells for a lot less.  I’m talking a matter of $50,000-$100,000 in a matter of months.  Now the comps are lower, which makes the prices [...]

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Las Vegas Real Estate Market Stats – June 2009

July 4, 2009

The market is definitely heating up for the low end with supply as low as 3 months.  More bank owned property on the way will provide additional buying opportunities, not lower prices.  The luxury market is seeing pricing below replacement cost in Henderson and increased downward pressure in Summerlin.  Click the link below to see [...]

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Rob’s Real Estate Report – May 2009 Findings

June 4, 2009

The Las Vegas & Henderson Real Estate market statistics and trends are in.  Please view the attached pdf for the details.
Rob’s Real Estate Report
In brief, the lower priced single family homes will begin to see some price stabilization.  The luxury home segment is still weak and seeing further price declines.  So what should you do?
If you [...]

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Rob’s Real Estate Report – April ‘09

May 9, 2009

I’m checking in with a quick market update.  If you look at the under $1MM Las Vegas homes, sales are Strong!  More home sales than 2005/month.  Yes, there are more bank foreclosures on the way, but the first time home buyers and investors are keeping up with the new supply and snapping these homes up.  [...]

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