North Las Vegas, NV Real Estate News

By John Novak, Henderson, Las Vegas and Summerlin Real Estate
(Keller Williams Realty The Marketplace)
North Las Vegas Home Sales: Average and Median Prices Homes in North Las Vegas saw average selling prices dip by $571 in May on an increase in units sold of 8.81%. The median selling price has remained even since the beginning of the year at $115,000. The number of North Las Vegas homes sold is up 1.59% year over year, with 640 homes sold in May 2011 compared to 630 sales in 2010.   To find out more about buying or selling real estate 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.)
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By John Novak, Henderson, Las Vegas and Summerlin Real Estate
(Keller Williams Realty The Marketplace)
North Las Vegas Real Estate Market Report - REOs, Short Sales and Regular Sales In yesterday's look at the North Las Vegas real estate market, I highlighted sales price, volume, and financing trends. Today I'll break down the different listing types of that market -- REOs (bank owned homes), short sales, and regular sales. Overall we have about 3.7 months of North Las Vegas real estate inventory. When we look at each of the listing types, we see that there are three distinct markets. Here are the current figures for North Las Vegas REOs, North Las Vegas short sales, and 'regular' North Las Vegas home sales. Absorption is the number of months it would take to sell the available inventory at current sales rates. (Available Inventory/May Sales = Absorption Rate). There are only two months ...
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By John Novak, Henderson, Las Vegas and Summerlin Real Estate
(Keller Williams Realty The Marketplace)
North Las Vegas Real Estate Trends For May 2011, there were 705 home sales in North Las Vegas with a median price of $110,000. Of those, 640 were single-family homes with a median price of $115,000. This is an increase of 8.1% in sales from April, while prices have stayed even since the first of the year. 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 $...
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By John Novak, Henderson, Las Vegas and Summerlin Real Estate
(Keller Williams Realty The Marketplace)
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 54.0% of the inventory, while bank owned properties (REOs) equal 24.4%. This is the highest percentage of distressed properties in the Las Vegas valley.   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.)
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By John Novak, Henderson, Las Vegas and Summerlin Real Estate
(Keller Williams Realty The Marketplace)
North Las Vegas Home Sales: Financing by Price Range - May 2011 Out of 640 single-family homes sold in North Las Vegas in May, 253 (39.5%) were cash sales. This is down from 41.9% in April. At prices below $100,000 cash accounted for 60.7% of sales, highlighting the extreme 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.)
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By Jeff and Lee Ann Mix, Las Vegas Homes and Short Sale Agents
(Orange Realty Group)
Las Vegas HUD Homes Click to view the MLS Listing of this Las Vegas HUD Home on 2713 Lava Rock North Las Vegas NV. Fabulous 1 story Las Vegas HUD Home on sale! Built in 2001 the approximate house size is 1,646 sq ft and it sits on a Lot Sq Ft of 5964. It has four bedrooms, two baths and two attached garages with auto door openers. The home looks even more elegant with the tile flooring and vaulted ceilings throughout. The kitchen has laminate countertops, breakfast bar and meets all the needs of a modern kitchen. The living room fireplace is another nice feature of the home. Such a great home does not often hit the market. Currently priced at $87, 000 and $17 monthly in association fees, it’s really a great choice. The community has parks and other recreation places for all to enjoy. To...
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By Dawn Barrier in Las Vegas at HOMESMART ENCORE, Homes in Las Vegas Nevada 702-812-4550
(HomeSmart Encore - Las Vegas)
  Las Vegas Homes for sale in the price range of $100,000 to $200,000 there are about 125 of them available for offers in the zip code of 89166. Las Vegas Homes for sale in the price range of $200,000 to $300,000  there are about 21 of them available for offers in the zip code of 89166. This is for homes without contracts on them.   IF you are ready to BUY a home NOW and ready to get pre-approved to buy Call Me (702) 812-4550    If you need to SELL your home call me.   Featured Homes| HOME SEARCH| More Listings| SHORT SALE| Tips for Success| Sellers Contact Me   Las Vegas Short Sale Agent Realtor® Dawn Barrier*Short Sale Help*Las Vegas Summerlin Short Sale Agent, North Las Vegas, NV short sale agent More about me... Dawn Barrier @ Century 21 Realtor® Las Vegas Real Estate If would like ...
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By Dawn Barrier in Las Vegas at HOMESMART ENCORE, Homes in Las Vegas Nevada 702-812-4550
(HomeSmart Encore - Las Vegas)
North Las Vegas Short Sale Help.....Avoid Foreclosure...Selling your home Do you need to sell your home, but you owe more than what it is worth? Did you move out of the Las Vegas area and don't know what your home is worth? Have you fallen behind on your house payments? Then give me a call 812-4550.....I may be able to help you out. Don't Delay....if you wait too long....we may not be able to help you...   Read blog.....Avoid Foreclosure SELLER BEWARE ...Beware of Foreclosure Rescue Scams Las Vegas Realtor Dawn Barrier offers Short Sale Info Las Vegas Short Sale Agent Realtor® Dawn Barrier*Short Sale Help*Las Vegas Summerlin Short Sale Agent, North Las Vegas, NV short sale agent More about me... Dawn Barrier @ Century 21 Realtor® If would like to sell or purchase a Las Vegas home , Nor...
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By John Novak, Henderson, Las Vegas and Summerlin Real Estate
(Keller Williams Realty The Marketplace)
North Las Vegas Real Estate Report - May 2011 The North Las Vegas real estate market saw increased sales in May as first-time buyers and investors saw value in distressed inventory. A total of 693 homes were sold in May compared to 648 in April. Year-over-year sales are up 5.5% from the 657 North Las Vegas homes sold in May 2010. The mix of available North Las Vegas homes for sale is 54.4% short sales, 23.3% bank owned, and 22.3% regular sales. The median selling price for single-family homes in North Las Vegas remained at $115,000 for the fifth consecutive month. In 2010 it stayed within the narrow range from $122,000 to $131,250. GLVAR deems information reliable but not guaranteed. Information is for MLS areas 101-103. More about North Las Vegas:North Las Vegas, Nevada - DemographicsN...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
  Foreclosure/Short Sale Listings (5/15/2011): Total Listings 14096; Short Sales: 6660, 47% of all listings; Bank Owned Listings: 3077, 22% of all listings. Short sale and REO listings consume 69% of total listings New Home Sales (April 2011, units sold): 250 Year Change -37.0% (excl condo conversions, highrises) New Home Sales (April 2011, median price): $188,450 Year Change -3.3% (excl condo conversions, highrises) Existing Home Sales (April 2011, units sold): 3790 Year Change +3.4% Existing Home Sales (April 2011, median price): $111,200 Year Change: -13.1% New Home Permits (April 2011): 323 Year Change -32.8% Rental Rate (MLS Monthly Average March 2011): $1449/month My analysis: Distressed listings (foreclosures and short sales) are 69% of total listings. Units of homes sold impres...
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By Dawn Barrier in Las Vegas at HOMESMART ENCORE, Homes in Las Vegas Nevada 702-812-4550
(HomeSmart Encore - Las Vegas)
ENTER TO WIN A FREE HOUSE....HGTV Green Home 2011 Giveaway...Don't Miss It..Denver Colororado HGTV Green Home     If you don't want to enter, well that would be ok with me too as it may just give me a better chance of winning it...LOL       Las Vegas Short Sale Agent Realtor® Dawn Barrier*Short Sale Help*Las Vegas Summerlin Short Sale Agent, North Las Vegas, NV short sale agent More about me... Dawn Barrier @ Century 21 Realtor® If would like to sell or purchase a Las Vegas home , North Las Vegas home or a Henderson home give me a call (702) 812-4550. Dawn Barrier SHORT SALE SPECIALIST,CSP® Las Vegas Short Sale Realtor®    
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By Bill Ness, 55Places.com, Active Adult Community Guide
(55Places.com)
The Ardiente active adult community originally opened in 2005 by Centex Homes. In 2010, the community was acquired by Shea Homes who is now the sole builder of this fabulous North Las Vegas active adult community. With just 788 homes, Ardiente is an intimate sized retreat for adults age 55 and better. As a 24-hour guard gated community, residents enjoy the feelings of security, privacy and prestige when they drive up to the beautiful community entryway. Homes at this popular North Las Vegas active adult community are available on a resale basis or as new construction. The majority of the resale homes were built by Centex Homes and are available in eight single-family ranch style floor plans. The Centex resale homes range in size from 1,235 square feet to 2,352 square feet. Some of the h...
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By John Novak, Henderson, Las Vegas and Summerlin Real Estate
(Keller Williams Realty The Marketplace)
North Las Vegas Home Sales: Average and Median Prices Homes in North Las Vegas saw average selling prices slip by $1612 in April as units sold decreased by 12.81%. The median selling price remained even at $115,000. The number of North Las Vegas homes sold is down 6.03% year over year, with 592 homes sold in April 2011 compared to 630 sales in 2010. To find out more about buying or selling real estate 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.)
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By John Novak, Henderson, Las Vegas and Summerlin Real Estate
(Keller Williams Realty The Marketplace)
North Las Vegas Real Estate Market Report - REOs, Short Sales and Regular Sales In yesterday's look at the North Las Vegas real estate market, I highlighted sales price, volume, and financing trends. Today I'll break down the different listing types of that market -- REOs (bank owned homes), short sales, and regular sales. Overall we have about 4.1 months of North Las Vegas real estate inventory. When we look at each of the listing types, we see that there are three distinct markets. Here are the current figures for North Las Vegas REOs, North Las Vegas short sales, and 'regular' North Las Vegas home sales. Absorption is the number of months it would take to sell the available inventory at current sales rates. (Available Inventory/April Sales = Absorption Rate). There are only seven wee...
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By John Novak, Henderson, Las Vegas and Summerlin Real Estate
(Keller Williams Realty The Marketplace)
North Las Vegas Real Estate Trends For April 2011, there were 648 home sales in North Las Vegas with a median price of $110,000. Of those, 592 were single-family homes with a median price of $115,000. This is a decrease of 12.8% in sales from March, with pricing staying even. 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 find o...
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By John Novak, Henderson, Las Vegas and Summerlin Real Estate
(Keller Williams Realty The Marketplace)
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 55.1% of the inventory (the highest concentration of any part of the Las Vegas valley), while bank owned properties (REOs) equal 22.0%. 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.)
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By John Novak, Henderson, Las Vegas and Summerlin Real Estate
(Keller Williams Realty The Marketplace)
North Las Vegas Home Sales: Financing by Price Range - April 2011 Out of 592 single-family homes sold in North Las Vegas in April, 248 (41.9%) were cash sales. This is up from 39.0% in March. At prices below $100,000 cash accounted for 60.0% of sales, emphasizing the major 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.)
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
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 (5/15/2011):  53 Under Contract (5/15/2011):  24 Sold April 2011:  9 Sun City Aliante is currently enjoying a stable market. Since Last Month:   Aliante Sun City, North Las Vegas Listings UP +9, Contracted Homes NO CHANGE, Sales DOWN -4 +7 For Current and Past Sun City Aliante Market Reports View Sun City Aliante Homes For Sale Here (Updated Daily...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
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. ...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Las Vegas Area REO Inventory has RISEN since last report (+255 units), Under Contracts have RISEN by (+102) units  Closing data has FALLEN by (-283) units.  Low interest rates have spurred a flurry of buyer interest & activity  and it continues.   REO sales accounted for 48% of all Las Vegas Area Valley resale closings in April 2011.  REO listings account for only 22% of total resale listings. Current Listed Bank Owned Statistics: Listings (5/15/2011):  3077 Under Contract (5/15/2011): 3265 Sold April 2011:  1816 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 asks, ...
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