Rob’s Real Estate Report – May 2009 Findings

by Robert Jenson, Founder & CEO of The Jenson Group on June 4, 2009

in buying, market stats

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 are looking for Las Vegas investment property, run the numbers for your Return on Investment.  First time home buyer?  Your supply is limited and with more Las Vegas bank owned homes on the way, expect a 2nd chance to buy, not a lower price.  High End?  Make agressive offers, yet make sense based on some kind of reasoning you can present to the seller.  Other people are making these types of offers on Las Vegas luxury real estate and some are getting lucky!

Article by Robert Jenson

Robert Jenson is a seasoned real estate professional with a breadth of experience in the luxury property sector. As the founder, owner and operator of The Jenson Group and its principal agent, Robert is charged with strategic corporate planning and is responsible for overseeing all daily operations and client relations initiatives. Through Robert’s leadership, The Jenson Group has established itself as one of Las Vegas’ preeminent luxury real estate agencies that is consistently ranked in the top 1% of sales throughout the Las Vegas Valley. A recipient of RE/MAX’s coveted "Hall of Fame" award, Robert’s industry expertise and credibility has made him a sought after expert source within the media. He’s served as a guest commentator for numerous national broadcast television outlets, including MSNBC and Bravo, and has provided content and commentary to other of the nation’s leading media outlets including The Wall Street Journal, Forbes.com, BusinessWeek.com, the Las Vegas Review-Journal, Real Estate Executive magazine, Growing Wealth magazine, and the Los Angeles Times, among others. In addition, Robert currently pens a recurring monthly real estate advice column for the Las Vegas Business Press and a bi-monthly column for Reviewboard Magazine. Robert earned his Bachelor of Arts degree from Whittier College in California, and currently holds active memberships with the National Association of REALTORS® (NAR), Nevada Association of REALTORS® (NVAR) and the Greater Las Vegas Association of REALTORS® (GLVAR). When he’s not negotiating high-end real estate deals or otherwise accommodating his clients, Robert can be found rock climbing, golfing, dining or traveling around the world. “The Jenson Group offers distinctive representation to Las Vegas’ most discriminating real estate consumers who demand customer service excellence. This we deliver in spades.” – Robert Jenson

Robert has written 67 articles on this blog.

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