WHERE ARE THE HOMES? The inventory of available homes here in Southern Nevada has been hovering around 4,000 for many months now. Buyers are wondering where all the homes are so they can buy again. The theory is that the "banks" are sitting on a lot of homes and they are going to release them soon. My colleagues and I don't believe the banks will release a lot of Vegas houses here. We don't Continue Reading
Archives for May 2013
Las Vegas “most undervalued home market in U.S”
The national press is catching on! http://www.reviewjournal.com/business/housing/las-vegas-seen-most-undervalued-home-market-us Continue Reading
Appraisals are coming in again!
APPRAISALS ARE COMING IN AGAIN You may remember my rant some time a go about appraisals hindering the ability of regular home owners to purchase a home. Well, don't let it be said that I don't give credit where credit is due. We are seeing appraisers do their job properly and allowing values to increase so regular home buyers can buy again. There is still the odd exception, but generally we are Continue Reading