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Coldwell Banker Premier Realty Blog

2017 IN REVIEW

The Las Vegas Residential Real Estate Market
Posted by John McClelland on March 27, 2018 in No Category
Tenacity, innovation and growth characterized the Las Vegas Valley in 2017. Already world famous for entertainment, other sectors also garnished interest. Las Vegas based Switch, a leading technology infrastructure company, had the second largest initial public offering within the technology sector in 2017.  Virgin Hyperloop, formerly Hyperloop One, has been having successes at its test track in North Las Vegas, sending a magnetically levitated pod to 240 miles per hour.  A 152,000 square feet office buil... read more
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April 1, 2015 – Las Vegas, NV – Coldwell Banker Premier Realty’s (CBPR) 2015 first quarter sales saw an increase of 14 percent from last year’s first quarter. Additionally, CBPR and its staff were awarded a number of accolades throughout the first quarter of 2015. CBPR’s Corporate Services Division was awarded the “Platinum Award” by Cartus for its relocation services. Molly Hamrick, President, COO was honored as University of Nevada Las Vegas’ (UNLV) Marketing and I... read more
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AUGUST 2015 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
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MARKET STATS So far 2015 is looking a lot like 2014 in terms of closings. Both single family homes and condominiums are very close to 2014 levels between January and May. However, the type of buyer has been shifting with prices ratcheting higher during the past year. Investors now make up a relevant but declining share of closings and the higher prices have likely tempered some first-time buyer interest although low interes... read more
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Las Vegas Monthly Market Update - October 2015

A Look into Las Vegas' Real Estate Market
Posted by Coldwell Banker Premier Realty on October 31, 2015 in  2015  activities  Buying vs renting  home price and mortgage rate  home prices  housing  inventory  las vegas homes  las vegas real estate  new home sales  single family
October 2015 Following a significant increase in single family home prices over the summer, recent price growth is more tempered and flattening.  In our opinion, this pause in price growth is welcome since we do not want to see prices exceed the basic fundamental measures that drive the market long-term.  We typically see closings subside this time of year and 2015 continues this pattern, however, both escrows opened and the number of closed ho... read more
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