Solar Power is arguably the best personal step you can take to directly help the environment while simultaneously helping your energy bill shrink by nearly 40%. The efficiency and sustainability of solar power, especially with Nevada’s 292 days of sun yearly, make this a very attractive option. Lopping your current energy bill and replacing it with a solar power bill comes from the sum of your new utility bill combined with leasing the solar panels. For those unfamiliar with... read more

Despite have a relatively low level of available supply, which in now less than three months, we are observing very little price pressure outside of a few key areas. When price does not rise against this low level of supply, it indicates that demand is moderate. However, homes that are priced close to the neighborhood comps and are getting offers, it's just not the furious level of activity we experienced over a much of the recovery. While home prices have trended sideways, underlying fundamentals in the regio... read more

Periodically, its good to put recent price changes into perspective by zooming out and looking at a longer time period. A lot of the headline numbers today are talking about Las Vegas price changes and while year-over-year and month-to-month changes can be important and useful a little more context about where we have come is interesting.The charts below update our previously published exhibits that note key points of interest along the time series. Generally, prices have been increasing in a relatively s... read more

Improving local fundamentals, which include job growth, population growth and strong visitor volume, is helping to cause effective demand for housing in Southern Nevada. Additionally, the market remains a key destination for retirees and snowbirds.  Las Vegas has gone from boom to bust to something that looks more like normalization. Demand factors like employment are back above pre-recession highs and population is about 2.25 Million, implying a demand for at least 830,000 housing units and likely more. Ho... read more

Simple Tips to Sell Your Home for the Right Price This Summer By Tom Salomone If you are considering putting your home on the market, summer may be the perfect time. The frenzy of the spring buying season has ended, meaning there are fewer houses listed and competing for buyers’ attention. Tax refunds have been sent out, so potential buyers who have been saving for a down payment may now have the funds they need. And families hoping to get settled into a new home before the school year starts a... read more