Nevada Trails April 2012 Real Estate Resale Market Report (Homes For Sale, Pending, Sold):
Since Last Month: Listings are DOWN -6, Pendings are DOWN -2, Closes are UP +3
Last Month's Nevada Trails Market Report
View Nevada Trails Homes For Sale Here (Updated Daily)
More Information on Nevada Trails Real Estate Here
More Las Vegas Communities Here
3 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • May 17 2012 02:17PM
**The Freefall Inventory Plunge Continues in Las Vegas!!!**
We are still squeezed for inventory. New REO listings are few and far between thanks to AB 284 with currently no end to that drama in sight. Multiple offers on well priced homes are widespread. Everyone from first time buyers to investors are taking advantage of "opportunity".
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 tripled to quadrupled it's formerly stagnant close ratio since late spring.
These are Listing/Under Contract & Pending/Sold Trends from December 2007-May 2012.
Contracted closings are stalled because of the large amount of Las Vegas short sales that are contracted.
2 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • May 16 2012 06:57AM
Las Vegas High Rise Rentals:
Las Vegas High Rise Resales:
This Market is extremely volatile due to the boutique nature and lack of condominium financing. Read last month's report here.
This report is compiled by using data from the GLVAR MLS. Data is gathered by the "HIGH RISE" field. Information is deemed reliable but not guaranteed.
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, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley. They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.
View More FAQ About My Las Vegas Area Real Estate Market Reports.
2 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • May 15 2012 03:58PM
Rhodes Ranch Area Resale Market Report (homes for sale, pending and sold):
Rhodes Ranch Area Rental Market Report (homes for rent, contingent, leased)
Includes: Apache Hills, Apache Springs (The Falls), Astoria Homes at Rhodes Ranch
(Independence), Canyon Trail, Huntington, Liberty @ Warm Springs, Maplewood, Rhodes
Ranch, Richmond@ Rhodes Ranch, Sierra Madre, Venezia, Vistana.
Rhodes Ranch Area Community Information, Listings & Homes for Sale
Rhodes Ranch Area Most Recent Real Estate Market Report
More Las Vegas Communities Here
1 comment • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • May 15 2012 06:44AMLas Vegas Area "Communities At a Glance" Real Estate Market Report for March 2012
Absorption rate is basically a report of inventory amounts & trends. It is important for placing offers, pricing new listings and in general understanding where the market is heading. It shows trends in a “monthly format” which gauges how many months it will take for the market to currently “absorb” all of the invententory. You can read more in depth about absorption rate and how it impacts listing a home or buying a home right here.
To View Community Descriptions or See Current Homes for Sale in the above Las Vegas Communities, simply click on the photos below for the specific communities. Listings & Homes for sale are IDX feeds and updated daily (no stale listings,) sorted by the newest listings first:
These Las Vegas Communities do not yet have descriptions up but you are still able to see their newest Homes for Sale (links updated daily)
Silverado Ranch Real Estate & Homes for Sale
Charleston Heights Real Estate & Homes for Sale
Sun City MacDonald Ranch Real Estate & Homes for Sale
Sun City Aliante Real Estate & Homes for Sale
3 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • May 14 2012 11:24AM
Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles.
Siena (Sun Colony, not a true "Sun City" but appropriate age restricted community for this report) is located in the Summerlin Area of Las Vegas, NV (zip 89135). There are 2029 Homes in Siena ranging from 1034-3875 Square Feet. Community Amenities Include: Guard Gated, Community Golf, Pool, Tennis, Gym, Clubhouse.
Siena Sun Colony Market Report:
Siena Sun Colony Summerlin is currently enjoying a stable to buyer's market. Since last month: Listings are DOWN -4, Pendings are UP +5, Units sold are DOWN -3
For Current and Past Siena Sun Colony Market Reports
View Siena Sun Colony Homes For Sale Here(Updated Daily)
More Information on Siena Sun Colony Real Estate Here (Includes Video & Map)
More Las Vegas Communities Here
0 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • May 12 2012 09:13PM
The Lakes March 2012 Real Estate Resale Market Report:
Since Last Month's Report: Listings DOWN -8, Pendings UP +15, Sold Units DOWN -5!
For Current and Past The Lakes Market Reports
View The Lakes Homes For Sale Here (Updated Daily)
More Information on The Lakes Real Estate Here
More Las Vegas Communities Here
3 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • May 10 2012 11:33AM
Las Vegas hotels are well known for their lavish tropical resort hotel pools with no lack of aesthetically pleasing sun kissed bodies in these desert oasis’.
One of Las Vegas’ best kept secret was the debauchery of the Las Vegas hotel pool party long before The Hard Rock pool came out with their Rehab Las Vegas reality show! Now almost every hotel has their version of the Las Vegas pool parties and you can find them almost every day or night of the week!
If you happen to hit Las Vegas on a day there are no pool parties – I encourage you to rent a pool cabana or bungalow with several of your besties
for the day! They are less expensive during the week than they are weekends & holidays. Generally the Las Vegas pool cabanas come with goodies like water and fruit with poolside cocktail & food service available. Even as a local, I like renting a pool cabana at one of these fine resorts several times a year for a “mini get away” from Las Vegas daily grind!
This post is a guide for locals and tourists alike that are looking for some Las Vegas Pool Party action and part of my “Skip the Strip” Las Vegas Lifestyles Series.
So here are my TOP PICKS for off strip Las Vegas Pool Parties (click on links to hotels for current information and pricing):
Hard Rock Pool Las Vegas: They feature three different pool parties! Revel on Saturdays & Relax (Industry Day) on Mondays. The pool party in Las Vegas made popular by the reality show is: Rehab Las Vegas on Sundays.
Palms Pool Las Vegas: The Palms Pool Party is on Friday and it is called “Ditch Friday”.
M Resort Pool Las Vegas: The M Resort (a newer yet hip place a little far off of the beaten path) has a pool party on Saturdays called “M Pool Live”.
Wet Republic: at MGM Grand, check out their event calendar for scheduled parties.
Encore Beach Club: Encore’s party “Recess Friday” is obviously on Friday 
I couldn’t find any current information about the Rio Hotel Las Vegas’ famous Voodoo Beach & The Voo pool parties but am including the link – just in case they add one!
Have fun and be safe! Remember to drink a lot of water especially if you are consuming alcohol on those hot days EVEN if you are in a Las Vegas pool – you can still get dehydrated VERY quick!
15 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • May 05 2012 11:42AM
Summerlin March 2012 Real Estate Resale Market Report:
Since Last Month's Report:
For Current and Past Summerlin Market Reports
View Summerlin Homes For Sale Here (Updated Daily)
More Information on Summerlin Real Estate Here (Includes Video & Map)
More Las Vegas Communities Here
3 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • May 05 2012 09:45AM
Mountain's Edge March 2012 Real Estate Resale Market Report:
Since Last Month: Listings are DOWN -42, Pendings are UP +35, Sales are UP +17
Last Month's Mountain's Edge Market Report
View Mountain's Edge Homes For Sale Here (Updated Daily)
More Information on Mountain's Edge Real Estate Here
More Las Vegas Communities Here
4 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • May 02 2012 08:21AM
Silverado Ranch March 2012 Real Estate Resale Market Report (Homes For Sale, Pending, Sold):
Since last month: Listings are DOWN -22, Under Contract UP +13, Sales are UP +10. The Silverado Ranch Area is Currently Enjoying an EXTREME Seller's Market.
For Current and Past Silverado Ranch Market Reports
View Silverado Ranch Homes For Sale Here (Updated Daily)
More Information on Silverado Ranch Real Estate Here
More Las Vegas Communities Here
0 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • April 28 2012 12:36PM
Desert Shores March 2012 Real Estate Resale Market Report (Homes For Sale/Under Contract/Sold):
Since Last Month: Listings are DOWN -5, Pendings are UP +2, Sold Units are UP +10
For Current and Past Desert Shores Market Reports
View Desert Shores Homes For Sale Here (Updated Daily)
More Information on Desert Shores Real Estate Here
More Las Vegas Communities Here
4 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • April 27 2012 05:05PM
Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles. For More Sun Cities, Click Here!
Sun City Summerlin is located in the Summerlin Area of Las Vegas, NV (zip 89134). There are 3470 homes in Sun City Summerlin ranging from 1021-4051 Square Feet. Community Amenities Include: Community Golf, Tennis, Gym, Pool, Spa, Recroom
Sun City Summerlin Market Report:
Since Last Month: Listings are DOWN -5, Contracted Escrows are UP +4, and Sold Units are DOWN -7
Sun City Summerlin is currently enjoying a stable market.
For Current and Past Sun City Summerlin Market Reports
View Sun City Summerlin Homes For Sale Here (Updated Daily)
More Information on Sun City Summerlin Real Estate Here
More Las Vegas Communities Here
0 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • April 27 2012 04:42PM
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. FHA Requires the deed to be seasoned for several months so some flips bought at trustee's sales are generally out as options when competing with multiple offers!
Other: Less common and creative financing types such as Lease Options, OWC (Owner Will Carry), etc. The "other" category INCLUDES auction terms!!
Most Current Las Vegas Sold Terms and Trends 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 asks, what’s that?) It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley. They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.
View More FAQ About My Las Vegas Area Real Estate Market Reports.
0 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • April 27 2012 01:48PM
Arlington Ranch March 2012 Real Estate Resale Market Report
Arlington Ranch changes since last month: Listings DOWN -2, Pendings DOWN -9, Sold units DOWN -1..
Interesting note about Arlington Ranch (Las Vegas) Community: Arlington Ranch was built at the "height" of bubbled prices. Many of the listings are distressed sales and currently (Nov 2011) 79% of the pendings & contracted homes are short sales (read - what is a short sale?) This is the reason why the pie graphs for Arlington Ranch look so funky and there are not enough closings proportionate to the pendings.
Last Month's Arlington Ranch Market Report
View Arlington Ranch Homes For Sale Here (Updated Daily)
More Information on Arlington Ranch Real Estate Here
More Las Vegas Communities Here
4 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • April 26 2012 05:04PM
Charleston Heights March 2012 Real Estate Resale Market Report:
Since Last Month: Listings are NO CHANGE units, Pendings are DOWN -16 units, Solds are UP +9 units!
For Current and Past Charleston Heights Market Reports
View Charleston Heights Homes For Sale Here (Updated Daily)
More Information on Charleston Heights Real Estate Here
More Las Vegas Communities Here
1 comment • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • April 26 2012 07:47AM
Southern Highlands March 2012 Real Estate Resale Market Report (Homes For Sale/Under Contract/Sold):
Since Last Month: Listings are DOWN -13, Pendings are UP +1, Sold Units are UP +16
Last Month's Southern Highlands Market Report
View Southern Highlands Homes For Sale Here (Updated Daily)
More Information on Southern Highlands Real Estate Here
More Las Vegas Communities Here
7 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • April 22 2012 10:46AM
When the HEAT IS ON! And it WILL be this weekend with temps rising in the upper 90s very suddenly!
Here is a list of area parks that have *FREE* SW Las Vegas splash water parks! Stay cool this weekend and do not forget to load up on sunscreen and lots of water!
Southwest Las Vegas Water Splash Parks: A FREE Way to Beat the Heat!
Red Ridge Community Park at Rhodes Ranch
View Red Ridge Park Near Rhodes Ranch in a larger map
Exploration Peak Park at Mountain’s Edge
View Mountain’s Edge Exploration Peak Park in a larger map
View Spring Valley Park in a larger map
8 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • April 20 2012 03:42PMNew Las Vegas Waterpark: Postponed Until 2013!
In early February 2012, Splash Canyon announced via press release that the opening will be delayed until 2013. 
I wasn’t very surprised as construction halted shortly after my December 2011 “New Las Vegas waterpark” update.
Since this release, the county has widened Fort Apache Road. So cheers to building infrastructure to handle traffic prior to getting this thing up and running! I will post regular updates in the future when construction on the waterpark resumes!
Here are my previous posts on this project:
August 2011 New Las Vegas Water Park Update
September 2011 New Las Vegas Water Park Update
October 2011 New Las Vegas Water Park Update
11 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • April 18 2012 03:37PM
Nevada Trails March 2012 Real Estate Resale Market Report (Homes For Sale, Pending, Sold):
Since Last Month: Listings are DOWN -2, Pendings are NO CHANGE, Closes are UP +2
Last Month's Nevada Trails Market Report
View Nevada Trails Homes For Sale Here (Updated Daily)
More Information on Nevada Trails Real Estate Here
More Las Vegas Communities Here
3 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • April 18 2012 01:59PMContent © 2009 'Frequent Contributors'. Design © 2009 ActiveRain Corp.
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