THE ADAMS TEAM
Rothwell Gornt Companies
Las Vegas Real Estate Agent Robert Adams Las Vegas Real Estate Blog
Las Vegas Real Estate Market Update | Inventory | Sales | Buying Demand | Appreciation | for 2017.3/30/2017 ![]()
![]() The southern Nevada housing market continues to press forward, along with the broader economy. Demand within the new home segment of the market remains up, as sales volumes in February rose 31.5 percent. Median new home pricing edged up 4.8 percent from the prior year. On the resale side of the market, the number of closings was relatively flat from the prior year, but the median price jumped 9.0 percent year-over-year. Importantly, the mix of resale closings is dominated by non-distressed activity, with nearly nine out of 10 transactions not involving an auction, REO or short sale. Supply-side conditions remain relatively tight in the resale market with 2.4 months of effective availability posted in the MLS during February. The dynamics of the market have clearly trended toward a "normal" market, and fundamentals in the Las Vegas area economy have helped bolster the demand side of the equation. The latest annual population report suggests Clark County is now home to 2.2 million residents, which is up 2.7 percent from the prior year. Additionally, job growth stands at an impressive 3.4 percent in January (latest available data). Total job growth during the past 12 months in Las Vegas translated into 31,400 new employees, with a wide range of industries contributing to the increase. Given these factors, along with continued investment in major projects and quality-of-life factors, the local housing market is expected to remain on a stable path into the foreseeable future. Watch a video of the proposed stadium renderings here:
https://www.facebook.com/148902465176255/videos/1393994430667046/ Place your $100 deposit today to reserve your spot in history here: http://lasvegasstadium.raiders.com/
Come see why 988 Via Del Campo Henderson, NV 89011 should be your next luxury home. Contact The Adams Team at Rothwell Gornt Companies today for more details and a private showings.
Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate RobertAdams@RIrealestateHELP.com "The Oakland Raiders are going to move to Las Vegas. I am finally convinced of it.
After being a skeptic throughout this process and especially in the aftermath of owner Mark Davis’ deal with casino magnate Sheldon Adelson falling apart around the Super Bowl, there are too many people I trust telling me this has become basically a fait accompli for me to deny it any longer. By Monday night, Davis will be cracking open the bubbly and toasting to his future on the Strip, because with the NFL including a formal vote on Vegas on its official agenda for the annual spring meeting, there is almost no time for this to fall apart now...." READ THE FULL ARTICAL ON CBSsports.com HERE: http://www.cbssports.com/nfl/news/get-ready-las-vegas-all-signs-point-to-the-raiders-winning-relocation-vote-monday/ We are so grateful to have such amazing clients! Thank you so much for the continued support!3/10/2017 ![]()
Another #5star #review on #zillow for #TheAdamsTeamatRothwellGorntCompanies
#LVrealestateHELP #lasvegashomes #lasvegasrealestate #listings #listingagent #buyersagent #homes #investment #makemoney #investing #flip #buyandhold #salesagent #realestate #realtor #rothwellgorntcompanies #realestatebroker #realestatelistings #henderson #greenvalley #summerlin Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate RobertAdams@RIrealestateHELP.com Zip Code Appreciation Maps. What's happening with home values in your neighborhood? See more here...3/10/2017
Contact The Adams Team today to discuss the market and possible investment opportunities!
Contact The Adams Team today to discuss the market and possible investment opportunities!
Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate RobertAdams@RIrealestateHELP.com |
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