Coldwell Banker Premier Realty

September 2015As we enter fall, there are a few things that we typically observe. One is a buildup in inventory which is often the result of slower sales rates. Another market feature that we often observe is an increase in days on market. This market mechanism, which manifests as strong seasonal patterns, often results in more moderate price changes during the fall months, as demand softens and available supply expands. August figures, which are revealed be... read more
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Exploring Las Vegas Luxury Real Estate: Southern Highlands

A Closer Look on the Ultra-Luxury Communityloser Look on the Ultra-Luxury Community
Posted by Coldwell Banker Premier Realty on September 17, 2015 in  Las Vegas Luxury Homes Augusta Canyon Olympia Ridge Southern Highlands Golf Club
           Located South of the strip in the pleasantly removed city of Henderson sits Anthem, a planned community of las vegas luxury homes boasting one of the widest price and size varieties available out of Las Vegas’ luxury neighborhood options. Rather than catering to one type of buyer, Anthem includes both condominiums as well as a plethora of single-family homes. Prices range from 300,000 on the low end and custom estates shoot past 3,000,000. Anthem, and Henderson for tha... read more
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The Fed's September Meeting

Will the rate change happen?
Posted by John McClelland on September 14, 2015 in Federal Reserve housing market Interest Rates
Wednesday and Thursday of this week is when the Federal Reserve holds an important meeting. The short-term rates (Federal Funds) has been between 0% and .25% for the past seven years, which tells you how weak the Fed has thought that the economy has been. With a lot of improved economic data, many Fed watchers have suggested that the Fed is likely to bump the Federal Funds rate by .25%. The economic turbulence emanating from China, along with consistently horrible Eurozone data, has some believing that the global e... read more
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AUGUST 2015Looking year-over-year, the number of single family escrows opened and homes closed have been more than respectable.  Closings are up nearly 20% year-over-year when measured in July and the year-to-date numbers are solid also.  Price increases have moderated and we believe this is a welcome pause after the consistency in vibrant price increases.  We have already experienced more price amplification than we expected back in Ja... read more
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Industrial development in our region is on the rise, and this is good news because it should fuel greater demand for housing as large, new clients move to the market.When it comes to the economic development work that I and the Las Vegas Global Economic Alliance do every day, we forecast some major near-term opportunities. During the next year or two, we will see logistics and manufacturing operations locate in Southern Nevada. Much of this activity will be necessary to fill the millions of square feet of ... read more
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Las Vegas Homes Real Estate
Las Vegas Homes Real Estate