Las Vegas is Back!
May 14, 2010 by admin
Filed under Positive Real Estate
- Image via Wikipedia
This is according to homebuilder American West as they unveiled its latest collection — American West Reserve at Coronado Ranch — at a May 6 grand opening preview event that included a presentation by Las Vegas real estate authority Richard Lee, who said a turnaround is coming in the local market.
Lee isn’t predicting exactly when the market will turn around, but he is getting more optimistic.
“If there’s one point I want to get across, it’s that it’s time to get ready for recovery,” said Lee, vice president of the Nevada division and director of public relations for First American Title Insurance Co. “But it’s do-over time — time for a second chance. The old Vegas formula just doesn’t work anymore.”
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Schiller Finds 9 Cities on the Rise
March 30, 2010 by admin
Filed under Home Resales
- Image by Getty Images via Daylife
Los Angeles posted almost a 1% gain and San Diego posted a .4% gain in month month gains in January on a non-seasonally adjusted basis.
Other cities with year-over-year gains include San Francisco, Las Vegas.
A separate report, released this month by data and analytics company Radar Logic, found that the price per square foot of homes rose in eight of 25 U.S. markets tracked in January compared to the same month a year earlier.
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