North Las Vegas Real Estate Trends For February 2011, there were 540 home sales in North Las Vegas with a median price of $110,000. Of those, 494 were single-family homes with a median price of $115,000. This is a slight increase in sales from January, while pricing remained flat. Here's a quick look at price, volume and financing trends in the North Las Vegas real estate market.   In 2010 there were a total of 7,839 homes sold in North Las Vegas. This area is north of Charleston Boulevard, east of Rancho Road, and west of the I-15 freeway, and includes most of the city of North Las Vegas. The median sale was a 3-bedroom, 1814 square foot home with a selling price of $123,900. The median selling price for a single-family home fell by 4.7% during the year, from $128,000 to $122,000. To f... 03/26/2011

North Las Vegas Homes For Sale: Listings by Price Range Here's a summary of the single-family homes for sale in North Las Vegas. Short sales make up 59.9% of the inventory (the highest concentration of any part of the Las Vegas valley), while bank owned properties (REOs) equal 17.5%. To find out more about buying or selling homes in North Las Vegas, just give me a call at (702) 339-9700, or email me at JohnNovak@kw.com. (GLVAR deems information reliable but not guaranteed. Data is for MLS areas 101-103.) 03/26/2011

North Las Vegas Home Sales: Financing by Price Range - February 2011 Out of 494 single-family homes sold in North Las Vegas in February, 190 (38.5%) were cash sales. At prices below $100,000 cash accounted for 60.9% of sales, emphasizing the intense competition that first-time homebuyers face from investors. The higher rate of VA financing relative to other areas of the valley can be explained by the proximity of Nellis Air Force Base. To find out more about buying or selling homes in North Las Vegas, just give me a call at (702) 339-9700, or email me at JohnNovak@kw.com. (GLVAR deems information reliable but not guaranteed. Data is for MLS areas 101-103.) 03/26/2011

**Spring Buying Season is in Full Swing!** After the tax credit expired last spring, we experienced a rise in inventory through November.  With the spring season here - combined with low prices and interest rates - we are now seeing inventory snatched off the shelves again! Read more about Las Vegas Real Estate Inventory Analysis here and consumers may comment on this post. Las Vegas Area Real Estate Market Watch was created for informational purposes only.  This is for all the buyers wondering "where is the inventory"?  The inventory is here, this graph shows that buyer interest is extremely high and gobbling up all that new inventory coming online! This is also for people saying "shadow inventory exists"!  Well I believe it exists but it also exists in Las Vegas short sales which has... 03/24/2011

    © Dawn Barrier,2011 All Rights Reserved- pictures are the property of Dawn Barrier.   Previous Las Vegas Picture Blogs:Las Vegas Sunsets-Wordless Wednesday on Active Rain with Dawn Barrier Las Vegas Real Estate Agent picturesWordless Wednesday - What do you See? Las Vegas, Nevada PicturesIT SNOWED in LAS VEGAS! Deer in Las Vegas, Las Vegas, Nevada Pictures -Wordless WednesdayIt is SNOWING IN LAS VEGAS!! Pictures-Real Estate Market Prediction---No Showings Today!!Florida Sunsets -Wordless Wednesday-Redington Shores pictures by Dawn BarrierNorth Las Vegas Winter Visitors**Aliante Area Pictures*North Las Vegas Winter BirdsWordless Wednesday Stopping Traffic in Las Vegas, Nevada Pictures*Watch out Little One!Wordless Wednesday NORTH LAS VEGAS Aliante Area Pictures Golf Course in NevadaW... 03/16/2011

Great Investment Opportunity in Las Vegas! - $59,000Bedrooms: 3Bathrooms: 2Year Built: 1964Subdivision: College HeightsLot Size: 5978School District: CCSDSquare Footage: 1269Agent Name: Renee BurrowsBroker: The Force RealtyMLS #: 1126468Price: $59,0002033 Lawry AveNorth Las Vegas, NV 89032View MapView More PhotosRange/OvenFull RefrigeratorWasher/DryerNot Bank Owned REO, Not a Short Sale! For Current Pricing & More Photos + Details go to: LasVegasRealEstateForYou.infoRenee Burrows702-966-2494For More Information on Las Vegas Area Real Estate Trends Visit: www.ShackDiva.comRenee Holds Six Designations/Certifications: ABR, AHWD, RSPS, SFR, SRES, SRS. Powered by vFlyer.com Equal Housing OpportunityVFLYER ID: 4156278All information in this site is deemed reliable but is not guaranteed and is... 03/14/2011

  Foreclosure/Short Sale Listings (2/15/2011): Total Listings 15128; Short Sales: 7728, 51% of all listings; Bank Owned Listings: 2935, 19% of all listings. Short sale and REO listings consume 70% of total listings New Home Sales (January 2011, units sold): 224 Year Change -6.7% (excl condo conversions, highrises) New Home Sales (January 2011, median price): $207,363 Year Change +3.3% (excl condo conversions, highrises) Existing Home Sales (January 2011, units sold): 3080 Year Change -0.4% Existing Home Sales (January 2011, median price): $115,000 Year Change: -8.0% New Home Permits (January 2011): 232 Year Change -38.9% Rental Rate (MLS Monthly Average Dec 2010): $1563/month  My analysis:  Distressed listings (foreclosures and short sales) are 70% of total listings no movement from la... 03/09/2011

Cash REMAINS KING in the Las Vegas Area Real Estate Market!!!  It is important for every buyer in the Las Vegas Area Real Estate Market to understand who their buyer competition is in this currently competitive seller's market LV is enjoying!  It is important to understand how a seller looks at each financing type: Cash Offers:  Generally have less contingencies and quicker close times.  A cash offer may be accepted even if it is lower than a financed offer. Conventional Financing:  Less strict with lender required repairs but larger down payments and more strict credit guidelines. FHA/VA Financing:  Requires more scrutiny with lender required repairs via appraisal.  In general these take longer to underwrite and close so a cash or conventional offer looks more enticing to the seller. ... 03/03/2011

Single Family Home Update – Zip 89030 – North Las Vegas, NV Browse all home listings for sale in the 89030 zip code of North Las Vegas, NV. Zip code 89030 in North Las Vegas is located on the southeast corner of North Las Vegas and offers easy access to Interstate 215. All 89030 MLS listings on this page are UPDATED DAILY from the GLVAR MLS (Multiple Listing Service) used by local North Las Vegas real estate professionals. Here's a quick-hitting market snapshot for the single family home market in the 89030 zip code of North Las Vegas. If you want to see current listings behind these numbers (no registration, complete and detailed listing data), use the links below: Zip Code 89030 home listings Zip Code 89030 homes recently sold The following stats were current as of February 22, 2011.... 02/22/2011

Age Restricted (55+) Communities are scattered throughout the valley.  Many offer a variety community amenities for Seniors who enjoy active lifestyles. Sun City Aliante is located in the Aliante Area of North Las Vegas, NV (zip 89084).  There are 1829 homes in Sun City Aliante ranging from 1157-2104 Square Feet.  Community Amenities Include:  Community Golf, Clubhouse, Gym, Pool, Spa, Tennis, Recroom. Sun City Aliante Market Report: Listings (2/15/2011):  43 Under Contract (2/15/2011):  22 Sold January 2011:  10 Sun City Aliante is currently enjoying a stable market. Since Last Month:   Aliante Sun City, North Las Vegas Listings UP +2, Contracted Homes DOWN -3, Sales +1 For Current and Past Sun City Aliante Market Reports View Sun City Aliante Homes For Sale Here (Updated Daily) More ... 02/22/2011

Las Vegas Area REO Inventory has FALLEN since last report (-433 units), Under Contracts have RISEN by (+360) units  Closing data has FALLEN by (-443) units.  Low interest rates have spurred a flurry of buyer interest & activity  and it continues.   REO sales accounted for 51% of all Las Vegas Area Valley resale closings in January 2011.  REO listings account for only 19% of total resale listings. Current Listed Bank Owned Statistics: Listings (2/15/2011):  2935 Under Contract (2/15/2011): 2920 Sold January 2011:  1582 View Last Month's Report Here   For Most Current Las Vegas REO Inventory Market Report. 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 a... 02/18/2011

  Community Information on Terrasini at Aliante: Built in 2006 Gated Community Covered Parking Community Pool Community Playground 1-3 bedrooms Current SF available: 1,196 SF – 1,454 SF Current pricing: $34,900 – $85,000 Click here to view all homes for sale in Terrasini at Aliante.   02/14/2011

Aliante Townhouses for Sale - North Las Vegas, NV Easily browse all townhouse listings for sale in the community of Aliante in North Las Vegas, NV. The 1,905 acre master planned community of Aliante, located at Aliante Parkway and the 215 beltway, contains over 6,000 homes and a blend of commercial, shopping, and dining options. Aliante features over 420 acres dedicated to recreational use including Aliante Golf Club, Nature Discovery Park, a 20+ mile trail system, and three city parks. Aliante offers many popular subdivisions including Sun City Aliante by Del Webb. All Aliante MLS listings are updated daily from the GLVAR MLS (Multiple Listing Service) used by local North Las Vegas real estate professionals. At the time of this writing February 11, 2011, there are 19 townhouses for sa... 02/11/2011

Renters are becoming buyers finally as resale purchase prices drop and economic conditions in the valley are preventing high numbers of new incoming residents to move here.  This has softened rental prices slightly as many investors are buying all cash in the market currently and then renting.  More homes available for rent (higher supply) and less renters (lower demand.)  Units Leased: December 2010:  1889 November 2010:  1887 October 2010:  2119 September 2010:  2171 August 2010:  2300 July 2010:  2106 June 2010:  2214 May 2010:  2049 April 2010:  2210 March 2010:  2269 February 2010:  2100 January 2010 1784 December 2009:  1713  Average Monthly Rental Rates: December 2010:  $1563 November 2010:  $1184 October 2010:  $1308 September 2010:  $1484 August 2010:  $1459 July 2010:  $1425 ... 02/04/2011

Las Vegas Real Estate Inventory is still increasing RAPIDLY.  Against my predictions, we are still a seller's market yet flirting with stable market territory. This will afford more opportunities for buyers to have less competition when placing offers in homes. Las Vegas Area Market Activity (Includes North Las Vegas, Henderson and Las Vegas) Listings (1/15/2011):  15409 Under Contract (1/15/2011):  10974 Sold December 2010:  3856 Short Sales: 50% of Listings 26% of Sales REO (Foreclosures, Bank Owned:) 22% of Listings 53% of Sales In One Month:  Listings are DOWN -257 units, Contracted Listings DOWN -1000 units, Sales are UP +460 units.  Close ratios are going lower because much of the pending inventory is short sales which requires LONGER close times.   DOWN PAYMENT ASSISTANCE HAS NO... 01/29/2011

Easily browse all home listings for sale in the community of Eldorado in North Las Vegas, NV. Eldorado is a master planned community located in North Las Vegas. Eldorado homes offer a range of square feet, bedrooms, and bathrooms - at affordable prices. All Eldorado real estate listings are updated daily from the Greater Las Vegas Association of REALTORs MLS (Multiple Listing Service) used by local North Las Vegas agents. At the time of this writing January 26, 2011, there are 124 homes for sale in Eldorado with a price range from $64,888.00 to $280,575.00 The most expensive homes features: 4 Bedrooms 3 Bathrooms 3 Car Garage 3, 079 Square Feet The most affordable homes features: 3 Bedrooms 3 Bathrooms 2 Car Garage 1,323 Square Feet Over the last twelve months, 219 homes have been sold ... 01/26/2011

The absorption rate for Las Vegas Valley Area Short Sales has swung from a stable market back to a buyer's market. Inventory has DECREASED -130 units.  Under Contract has DECREASED by -481 units.    Sold units have INCREASED by +1006 units. There are many reasons for the lack of closings in this market and it is outlined in this post.  Short Sale Synopsis: Listings 1/15/2011:  7724 Pending 1/15/2011: 7406 Closed December 2010: 1006 Short Sales Currently Account for: 50% of All Las Vegas Valley Listings 26% of All Las Vegas Valley Sales  Read here for last month's report on Las Vegas Area Short Sales. Most Current Market Report For Short Sales Information About the Short Sale Process for Las Vegas Area Short Sale Buyers & Sellers What Areas Do You Cover for your Las Vegas Area Real Esta... 01/24/2011

North Las Vegas Investment Take advantage of this investment opportunity! Last rental home in these 2 neighborhoods rented for $1,200 & $1,995 a month respectively. Short sale homes for sale by the same owner / bank and negotiated by top short sale agent Leslie Carver of Team Carver - Prudential Americana. Click here to view all 8 North Las Vegas homes for sale - buy 1 or buy all. Click here to view all 17 North Las Vegas homes for sale - buy 1 or buy all. 01/20/2011

Age Restricted (55+) Communities are scattered throughout the valley.  Many offer a variety community amenities for Seniors who enjoy active lifestyles. Sun City Aliante is located in the Aliante Area of North Las Vegas, NV (zip 89084).  There are 1829 homes in Sun City Aliante ranging from 1157-2104 Square Feet.  Community Amenities Include:  Community Golf, Clubhouse, Gym, Pool, Spa, Tennis, Recroom. Sun City Aliante Market Report: Listings (1/15/2011):  41 Under Contract (1/15/2011):  25 Sold December 2010:  9 Sun City Aliante is currently enjoying a buyer's market. Since Last Month:   Aliante Sun City, North Las Vegas Listings DOWN -6, Contracted Homes DOWN -1, Sales +4 For Current and Past Sun City Aliante Market Reports View Sun City Aliante Homes For Sale Here (Updated Daily) Mo... 01/20/2011

Easily browse all condo listings for sale in the community of Aliante in North Las Vegas, NV. The 1,905 acre master planned community of Aliante, located at Aliante Parkway and the 215 beltway, contains over 6,000 homes and a blend of commercial, shopping, and dining options. Aliante features over 420 acres dedicated to recreational use including Aliante Golf Club, Nature Discovery Park, a 20+ mile trail system, and three city parks. Aliante offers many popular subdivisions including Sun City Aliante by Del Webb. All Aliante MLS listings are pulled directly from the GLVAR MLS (Multiple Listing Service) used by local North Las Vegas agents. At the time of this writing (January 19, 2011), there are 22 condos for sale in Aliante with a price range from $22,000 to $85,000. The most expensiv... 01/19/2011