Here is what buyers received in seller paid concessions on January 2013 Las Vegas Area (Henderson - N Las Vegas - Las Vegas) Closes: Less than $500: 85% ($500 only buys you a home warranty or (no and) an appraisal) Between $501-4000: 6% Over $4001: 8% This pretty much means that sellers aren't giving up much of anything since Las Vegas is a Seller's Market and in dire need of sellable inventory! Inventory levels are rising just slightly and we are seeing some movement/improvement in this sector which is good news, especially for buyers who want/need closing costs! Last Month's Concession Stand Most Current Concession Stand 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 ... 03/14/2013

I originally wrote this article about redevelopment in Las Vegas early in 2008. Basically, it uses the Monorail plan as a map for the city's redevelopment: present and future. Though the real estate market there has taken a beating since that time, much of it still applies. The drastic drop in prices really only makes Las Vegas Strip condos, and more importantly the ‘old' Las Vegas neighborhoods right next to the Strip an even better investment. * * * * * Las Vegas Redevelopment Guide 101 Las Vegas is reinventing itself once again, this time as the ‘Metropolis of the Desert' and fastest growing city in the U.S.. While major corporations tap into global demand for Las Vegas real estate by recasting the Strip as a dazzling, high-density urban model for the future, everything to the north ... 07/02/2009