In four years and 100,000 houses later. So says Larry Murphy, president of Las Vegas-based SalesTraq. He’s been tracking real estate recording in Clark County for 15 years, so he has the numbers to back up his guesstimate. According to Murphy: 75 percent of homes sold last year were distressed sales (foreclosures or short sales) [...]... Read more

Attached is a very good article on the projections for Las Vegas real estate for 2012.  Many people are looking to buy second homes and diverse their portfolios.  It’s a great time to buy. If you are looking to purchase a home to live in, mortgages are lower then rent payments.  If you are an [...]... Read more

Finally. A bidding war for a Henderson property. Today San Diego-based Excel Real Estate Investment Trust purchased Anthem Highland Shopping Center for $17.5 million. Here’s why this is a good sign: This wasn’t a foreclosure. The property received 18 offers in a 30 day period. The owner only invited the seven all-cash buyers to bid [...]... Read more

Everyone has an opinion. Here’s mine. Everyone has to follow the rules. You have to make your mortgage payment. They have to follow the exact letter of the law before they make you “git” out of your house. But what I think doesn’t really matter. But the ruling of the Nevada Supreme Court will make [...]... Read more