Las Vegas Real Estate News |  |
- Rising to the Top of the US Seller’s Markets is Sin City Las Vegas
- Buying a Home in 2012 Might Be The Best Investment You Will Ever <b>...</b>
- Homebuilders, Realtors finally playing from the same page
- 5 mobile trends to watch for in 2013
- Write a letter to your past self
- Startup routes voice of the people through mobile
- New-home sales show continued strength
- Florida-based valuation company closes its doors
- LinkedIn is the 'it' place for real estate referrals
| Rising to the Top of the US Seller’s Markets is Sin City Las Vegas Posted: 28 Dec 2012 01:57 AM PST Las Vegas was one of the cities hit hardest by the housing bust some years back. But now its rebound has been so strong that it's rising to be one of the top sellers' markets in the country. Local and foreign investors alike are eagerly taking advantage of cut-priced homes and turning them into affordable rentals. The best performing states in the US at the moment include Washington State, Arizona, California, and Nevada – the very same regions that were also the hardest hit. According to Stan Humphries, Zillow's chief economist, investors are taking advantage of low prices and the reduced interest rates of distressed homes in these states. Inventory levels there have reduced rapidly due to high sales, and this has helped to improve the prices of homes. Zillow said that its rankings were based on different sets of data like sales prices against asking prices, percentage of homes in the market marked with price cuts, and number of days listed on the market. Homes that are listed in the sellers' markets for a shorter length of time have less chances of seeing their prices slashed, hence their sales prices become nearer or even greater than their previous listing price. Zillow also conducted a survey of the top ten buyers markets. These refer to those markets where homes lingered in the marketplace for the longest period of time, and consequently saw prices are cut more frequently. The survey showed that Chicago was a top the list of the buyers' markets succeeded by New York, Cincinnati, Philadelphia, and Cleveland. For the coming year, 2013, Las Vegas is expected to see a small rise in foreclosures in the first quarter but not nearly as high as the levels of 2010-2011. Also, investors are expected to see as much as a12% return of investment in the early quarter. Experts say that prices in Las Vegas will continue to rise in the following 6-12 months, although it is expected to remain a tempting one for investors throughout the year.
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| Buying a Home in 2012 Might Be The Best Investment You Will Ever <b>...</b> Posted: 27 Dec 2012 07:47 AM PST DONE. Las Vegas Real Estate Foreclosure. Homes for Sale Free List Daily. David Cooper 702-499-7037. DAVID COOPER. By DAVID COOPER | Landlord in Las Vegas, NV. /profile/LASVEGASWINNER/. Buying a Home in ... |
| Homebuilders, Realtors finally playing from the same page Posted: 27 Dec 2012 12:36 PM PST |
| 5 mobile trends to watch for in 2013 Posted: 27 Dec 2012 12:06 PM PST |
| Write a letter to your past self Posted: 27 Dec 2012 11:28 AM PST |
| Startup routes voice of the people through mobile Posted: 27 Dec 2012 09:53 AM PST |
| New-home sales show continued strength Posted: 27 Dec 2012 08:24 AM PST |
| Florida-based valuation company closes its doors Posted: 27 Dec 2012 09:05 AM PST Evaluation Solutions relied on network of 30,000 vendors to do inspections, BPOs, appraisals |
| LinkedIn is the 'it' place for real estate referrals Posted: 27 Dec 2012 08:23 AM PST |
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