LAS VEGAS: ON THE CUSP OF RECOVERY
April 19, 2010
Perhaps the best word to describe March real estate data from Las Vegas is “Anticipation.” Both the new and existing home sectors appear to be anticipating better times with much improved numbers.
Las Vegas February Residential Data Solves One Mystery ... But Creates Another
March 22, 2010
February residential data for Las Vegas almost reads like a Sherlock Holmes adventure.
February 24, 2010
Adapting To The New Normal | www.uli.org
Success in adapting to today's economic climate will require a commitment to embracing changes in consumer perceptions, capital structures, and real estate product selection. Tomorrow's successful real estate operators and all supporting businesses must search thoroughly for the salient issues that will require adaptation, new strategies and possible restructure. Many answers lie outside of internal capacities and current human resources.
LAS VEGAS: A POSITIVE START TO THE NEW YEAR
February 22, 2010
ASKING PRICES FOR LAS VEGAS HOMES FALL 16% | www.lvrj.com
Good morning, January data suggests that Las Vegas' new residential housing may have taken a slight step forward from last year. ----->SALES: Resales Powerful; ----->INVENTORY: continued down; and ----->PRICES: remained relatively stable, with one new positive. Beyond the $1.5 billion for the five worst foreclosure states (including Nevada), one factor may help new home sales for the balance of 2010: New home sales exhibited the lowest average price per square foot in more than two years
Las Vegas Residential Sector Begins Recovery
January 18, 2010
Home Sales Finish Strong in '09 | www.lvrj.com
The gradual stabilization of the Las Vegas real estate market was the theme of December’s residential housing data. Sales continued to gain strength; Inventory continued to decline; and Prices remained relatively stable.Perhaps the most striking statistic was that the number of foreclosures was considerably less than expected, down for both the month and the year 2009.Here are the details:
LAS VEGAS: Better Than Expected!
December 21, 2009
Brookings Report Finds Las Vegas among Hardest Hit | www.lvrj.com
November housing data will make the Holiday Season somewhat merrier for the Las Vegas real estate community. The situation is far better than was expected. It is also a tale of two markets – new and resale. To paraphrase Dickens: “It was the best of recent times. It was no longer the worst of times.” November housing data decorated the holiday with: Stable prices; Solid sales; Declining inventories; and Fewer foreclosures than had been forecast. Here are the details:
December 9, 2009
Fast moves help builders battle slump | www.azcentral.com
A number of uncertainties remain related to the Phoenix housing market. One is not big builders’ interest in keeping a presence here. To keep a presence, they will need to purchase additional lots in which to build homes on. You can count on transaction activity increasing next year.
A Happy Thanksgiving for Las Vegas
November 18, 2009
NEVADA ECONOMY: State showing some life at last | www.lvrj.com
This year, October data could make Thanksgiving a happy holiday for Las Vegas real estate professionals.
October 20, 2009
ECONOMIC INDEX NOW POINTING POSITIVE | www.lvrj.com
In a week in which Las Vegas learned the local unemployment rate had skyed to 13.9% … passenger traffic at McCarran Airport slid 1.2% … and Nevada bankruptcy filings jumped 64% in the last nine months …. September housing market data actually comes as relatively good news. At worst, Las Vegas is scudding along a bottom like a sailboat on choppy water. At best, it may be in recovery. The key statistics: Prices appear stable. Inventory is still dropping. Sales continue to be strong.
Foreclosures: The Key to the Real Future of Las Vegas
September 21, 2009
New Homes Back in Play for Las Vegas Buyers | www.lvrj.com
Las Vegas housing statistics for August continue to suggest that the residential market is scudding along a bumpy bottom, struggling to find stability in sales, inventory and pricing.But the big story in the August data for the Las Vegas residential market can be summed up in a single word: Foreclosures.
February 6, 2012
Las Vegas real estate: A happy new year?
January 20, 2012
Commercial property sales plunge in New York City: Why should everyone care?
January 19, 2012
Are Macy's closures a leading indicator of mall REIT values?
January 18, 2012
Ireland's commercial property outlook
January 9, 2012