Las Vegas Area February 15, 2011 Active Listings by Type REO:  2935 (19%) Short Sale:  7728 (51%) All Other:  4465 (30%)   January 2011 Sales by Type: REO:  1582 (51%) Short Sale:  851 (28%) Other:  647 (21%) This is just a guide for consumers to see what types of properties are closing vs what is listed.  Currently we have the most closes in the REO sector and the least inventory in the REO sector and it is an extreme seller's market. Click here to see last month's Listing and Sales Type Report Click here to view the most recent stats What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports? General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?)  It means that I cover the cities of Las Vegas, Hen... 02/23/2011

Rentals: 254 Listed 6/15/2009 19 Under Contract 6/15/2009 51 Leased May 2009  5.0 Months Inventory Resales: 764 Listed 6/15/2009 89 Under Contract 6/15/2009 38 Closed May 2009 20.1 Months Inventory (=1.7 years) Still bad but significant improvement over last several months! This Market is extremely volatile due to the boutique nature and lack of financing.    Read last month's report here. This report is compiled by using data from the GLVAR MLS. Data is gathered by the "VERTICAL" field and the "RESIDENTIAL" field using "CON" as subtype and  "HIGHRIS,LOFTLIV,PENTHSE" equals any for building description.  Information is deemed reliable but not guaranteed. Read the most current market report for the Las Vegas High Rise Sector right here. If you are thinking about buying or renting a high... 07/02/2009

Downtown Las Vegas is going through an exciting period of revitalization. One contributor to that is Juhl, a mixed-use development on 2.4 acres at the corner of Bonneville Avenue and Fourth Street. Juhl consists of six buildings, from six to fifteen stories, connected by walkways. They will surround a five-story parking garage with a pool and recreation area on top. There will be a total of 341 units from 600 to 2200 square feet (including flats, lofts, townhouses, and penthouses), 15 shopkeeper units (a 700 - 1000 square foot store with a residential unit above it), and a total of 24,000 square feet of retail space.  Built by CityMark Development, Juhl will be situated between the downtown's Arts District and the Entertainment District. Its goal is to bring an upscale urban living opti... 11/24/2006

Construction is underway on one of the downtown loft projects. The Juhl loft project will be located in downtown Las Vegas in the "art" district. The building foundation is in the process of completion. Construction crews have begun a series of concrete pours and the entire project is projected to be completed by spring of 2008. The Juhl is unique in that a consumer has a choice of roughly 100 floor plan variations to choose from.   Other loft projects under construction include the Newport Lofts and Soho lofts which are near completion. The first loft project to be completed was the Metropolis, located just off of the Las Vegas strip. There are several other loft projects in the process of being developed as well. For the latest information about Las Vegas lofts, visit our Las Vegas re... 10/05/2006