Buying a Las Vegas Home

Is the recent snowfall and related cold getting to us here at Remax Central Of Las Vegas Absolutely not!

We've come up with yet another important real estate term for you to consider as you think about buying a gorgeous Las Vegas Home - DFOTH ("Distance From Office To Home"). It's so catchy, maybe we can license the term to George Lucas for some version of a Star Wars prequel in the distant future.

Now that we have your attention - let's get serious. With gas prices hovering around $2-3. per gallon we are seeing more and more interest in Las Vegas Homes that are close to our client's office and/or other community amenities.

You need to carefully think about gas consumption in today's market, which doesn't look like it's going to change anytime soon. The car you drive, distance from your office to home, proximity to the right school and related community services should all be carefully analyzed as you weigh a Las Vegas Home purchase.

And, if gas prices continue to climb, these "location driven costs" can and will impact your overall "soft" costs associated with your home purchase.

So, let our realtor geeks whip out their GPS tools in our office or when they are out on the road with you and make sure to factor in your "DFOTH" analysis as part of your final decision about buying a Las Vegas Home!

Market Snapshot of Las Vegas Real Estate

We are on the front lines of the Las Vegas real estate market and there is much more positive news for investors and homeowners than what the national media is conveying! We continue to believe that Las Vegas real estate has tremendous values driven by levels of affordability not seen in the Las Vegas Real Estate Market in 3-5 years or more.

Las Vegas Real Estate Sales Increasing

December generated a dramatic increase in Las Vegas home sales. We sold 2,498 homes, up approximately 184.2% from December a year ago, according to the Greater Las Vegas Association of Realtors. December is traditionally a slow time of year due to the holidays and winter weather, which underscores a more positive interpretation of these numbers.

Investors Moving into Las Vegas Real Estate

Investors are moving into our market in increasing numbers. Most do not care if the market has "bottomed" or not, as they are purchasing homes at below replacement costs, have positive cash flow and plan on holding them for 3-5 years to generate a significant return.

Banking Institutions Locking in on Pricing

Banking institutions that have foreclosed homes in their inventory are not negotiating on price in most cases. Meaning, they believe our pricing levels have fundamentally reached bottom and they do not need to negotiate to sell their inventory of Las Vegas homes.

Affordability Driving Las Vegas Real Estate

We have levels of affordability for our homes here in Las Vegas that have not been available for 3-5 years and this is helping to stimulate investor interest in our market and motivating families to buy as well.



John and Ruth Ahlbrand, Co-Founders of RE/MAX CENTRAL of Las Vegas

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8400 West Sahara Avenue
Las Vegas, NV 89117
Toll Free: 877.360.2030
Office: 702-360-2030
Fax: 702-360-5120