Coldwell Banker Premier Realty

MARKET STATS So far 2015 is looking a lot like 2014 in terms of closings. Both single family homes and condominiums are very close to 2014 levels between January and May. However, the type of buyer has been shifting with prices ratcheting higher during the past year. Investors now make up a relevant but declining share of closings and the higher prices have likely tempered some first-time buyer interest although low interes... read more
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Our Las Vegas Market - March 2015

A Look into Las Vegas' Real Estate Market
Posted by Jesse Olive on April 14, 2015 in  2015  activities  home buying  Home Prices  housing  housing inventory  Inventory  las vegas homes  Las Vegas Housing Market  Sale Prices
MARKET STATS We are beginning to witness favorable seasonal trends including a 12.4% increase in open escrows compared to January. Despite not having traditional “seasons” in Las Vegas, evident by the severe winter the Northeast experienced while we enjoy the sunshine, there is seasonality in residential sales. The spring season tends to be very favorable for sellers who desire to list their home and in the recent month, more escrows were opened compared to new li... read more
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Hospitality Cosmopolitan $1,730,000,000 1,000,807 sq.ft 2,995 room hotel and casino Purchased by Blackstone Group from Deutsche Bank Downtown Summerlin Fashion, dining and entertainment 1.6 million sq.ft Shopping opened 2014 Multifamily, hotel The Linq The Linq Promenade includes dining, shopping and entertainment, with a 550-foot observation wheel Hotel is 2,640 rooms Casino is 118,000 sq.ft The observation wheel, called the High Roller, opened in March 2014 Grand Bazaar... read more
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Inventory Continues to Decline, Sale Prices are on the Increase

Recent price pressures have yet to manifest in Case-Shiller Numbers
Posted by John McClelland on May 29, 2012 in  Case Shiller  FNC inc  Sale Prices
Today Standard & Poor's released the Case-Shiller home price index numbers. Recall that these tabulations end March 2012, a substantial lag. As I write this, there are just over 4,000 single family homes on the market that you can go buy today. That is just over one month of supply and is not being replenished quick enough. Further, when you slice up the inventory to what you might actually be targeting, homebuying this summer became much more challenging. We have a price per-square-foot index for the Las V... read more
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