Looking 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
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
Coldwell Banker Premier Realty (CBPR) continued its momentum through June of 2015. A plethora of new online innovations were deployed throughout the company by the CBPR Marketing & Creative Services Department and tech partner, realistiQ. Following CBPR’s bolstered online presence is CBPR’s markedly successful sale and listing trend. June saw 367 sales and 163 listings, and to date July already has 71 sales and 24 listings. CBPR anticipates this high level of productivity conti... read more