Las Vegas Realtor Provides Overview of Market
Remax Central of Las Vegas, Specializing in Las Vegas Real Estate, Las Vegas Real Estate Investments, Las Vega Real Estate Foreclosures, Las Vegas REOs.
Work with the market leader who will save you time and money - we've been featured in Business Week, USA Today, Canadian Broadcast Corporation, CBS News and all local major TV stations in Las Vegas. We have trained foreclosure experts on staff who handle nothing but Las Vegas Foreclosure transactions.
Call Toll Free 877-360-2030 Or, go to our website at LasVegasRelocation.com
Las Vegas Realtor Thinks Market is Bottoming Out!
Las Vegas Realtor Analyzes Market
Predicting when a market hits bottom requires significant skill, experience and intestinal fortitude - we believe the Las Vegas Real Estate market has hit bottom.Or, if the Las Vegas real estate market has not hit bottom, it is close enough that any further reductions in pricing will have minimal impact on how you look at a long term investment.
No guts, no glory - any Las Vegas Realtor worth their salt should be able to shed some light on this for you! Here's the back story from our perspective.
June 2008 House Prices Report
In June of 2008 the influential House Prices in America study from the noted research firm, Global Insight and the Ohio based bank holding firm National City Corporation showed Southern Nevada's (including Las Vegas) first move toward a housing market undervaluation since both companies launched a joint report in 2004.
The median Las Vegas Home price in Q-1 of this year was $232K and the median home price in Las Vegas fell 3.1% (approx) below the value that historical market trends establish as healthy or sensible, according to the House Prices in America analysis.
Contrast these numbers with a comparison of 22.9% overvaluation the market experienced in the first quarter of 2007, with a median price of $286K. Throw another hard number in the mix; fourth quarter of 2007 gave us a $259K media price and a 9.2 percent overvaluation. Finally, the Las Vegas Real Estate market had its highest valuation in the third quarter of 2006, with an overvalued percentage of 30%. The trends are obvious to us as a Las Vegas Realtor with market experience!
These folks aren't Las Vegas Realtors, they are statistical and market analysis firms and we think their numbers are underscoring what we've been telling our clients for several weeks and months. The trend is pretty obvious - we think the market is scraping or at bottom.
Here is a quote: Today's valuation statistics mean housing prices in Las Vegas have returned to their 23 year "historic norms" based on household income, population density, interest rates and other factors," said Richard DeKaser, chief economist for National City.
Check Our Blog for More Numbers
We'll post some more numbers and observations in our Blog later this week from this important report. Suffice to say for now, as a market honed Las Vegas Realtor with some grit, we are calling this market at bottom - we have great affordability in this market and wonderful cash positive deals are available for homeowners and Las Vegas real estate investors.

John and Ruth Ahlbrand, Co-Founders of RE/MAX CENTRAL of Las Vegas
Check out my latest listing here:
All Our Listings
Check out the rest of my website:
Las Vegas Real Estate
Las Vegas Real Estate Buyers
Foreclosure Investing
Las Vegas Real Estate Investment
Foreclosure Deals
Check out my Blog Here:
Las Vegas Real Estate Blog
LasVegasRelocation.com
Give Us A Call Toll Free: 877-360-2030
You Can Email Us Here
8400 West Sahara Avenue
Las Vegas, NV 89117
Office: 702-360-2030
Fax: 702-360-5120
OR, 10220 West Charleston Blvd.
Las Vegas, NV 89135
Office: 702-940-9600
Fax: 702-940-9601
Call Toll Free: 800.346.5103
Subscribe to our Informative Blog About Las Vegas Real Estate
Analysis of Las Vegas Real Estate Market with Facts and Figures
Stay informed about changes in the Las Vegas Real Estate Market by Realtor Broker with 20 plus years of experience.
Fetching RSS feed... please stand byFollow Us on Twitter to Learn More About Las Vegas Real Estate
Las Vegas Real Estate
Las Vegas Real Estate
- RuthAhlbrand
- aka Ruth Ahlbrand
- 1,680 followers
- 1,278 following
-
- How to Minimize your #ClosingCosts, which can save you thousands over the long haul: http://tinyurl.com/c7auex
-
- If you have an interest in #LasVegasRealEstate then please follow us - you won't find MLM or "grow Twitter links" just analysis fm #Realtors
-
- #LasVegasRealEstate fundamentals are improving, price cuts are reduced & home owners are pricing homes for sale: http://tinyurl.com/avh3uf
-
- RT @MoreRealEstate Need money? Get money fast - The art of raising private money for real estate investing. http://su.pr/2THQnu
-
- Two #LasVegasHomebuilders offered good-news, bad-news scenarios in their second-quarter financial reports: http://tinyurl.com/kqw9vx
-
- "What happens in #Vegas stays in Vegas" ubiquitous Ad Campaign given new life & Ad Agency reduces fees: http://tinyurl.com/klplrn
-
- #LasVegasRealEstate once again moving into healthy territory - multiple offers are the order of the day for any homes in the $0-150K range.
-
- Banks consolidating, good for Las Vegas Real Estate Market, making more capital available for consumers/business:http://tinyurl.com/kj696d
-
- International interest in #Las Vegas Real Estate remains strong, we are working with buyers from Europe, Asia and Canada
More Information from Las Vegas Realtor
Las Vegas Realtor Insight
-
Buying a Las Vegas Home
-
Informative lens about buying home in Las Vegas - with recent market trends impacting Las Vegas home real estate market focusing on government legislation, what action financial institutions are taking and what is occurring in a big picture sense. Le...
-
Las Vegas Foreclosures Impact
-
Las Vegas foreclosures impact the local real estate market like most markets around the United States. This lens provides some overview of what is happening in the local market and how to make an informed decision when purchasing a Las Vegas foreclo...
-
Las Vegas Foreclosure Heartbreak
-
If you are facing or weighing a Las Vegas Foreclosure this lens will be extremely helpful to you, as it makes specific recommendations about essential issues you should consider and maps out some brief action plan as well to deal with a Las Vegas For...
-
Las Vegas Real Estate Evolving
-
Short Lens about the overall Las Vegas real estate market and the dynamics we are experiencing, written by an executive with 20 plus years of experience. Good overview of Las Vegas foreclosures and how to buy and sell Las Vegas real estate in a "fore...
-
Foreclosure Bus Tours in Vegas
-
Las Vegas Real Estate Agents who are market leader in providing Las Vegas Foreclosure Bus Tours. Our Las Vegas Foreclosure Bus Tours feature pr-screened foreclosed homes that are carefully selected, with varied price ranges and in different areas aro...
Las Vegas Realtor Video
Las Vegas REO
Las Vegas REO or Real Estate Owned tutorial on buying REO home from REALTOR expert with years of experience in the local Las Vegas Real Estate Market.
Runtime: 2:48
64 views
0 Comments:
Real Estate Tips from Las Vegas Realtor
Fetching RSS feed... please stand byby LasVegasRealtor
Give Us A Call Toll Free:
877-360-2030
Email You Can Email Us Here
Specializing In
Las Vegas Real Estate
Las Vegas Foreclosure... (more)

