Las Vegas Real Estate Blog

Las Vegas Buyer's Market, Seller's Happy Pricing Your House Right - The Morcom Group's Las Vegas December Market Review

Ok Listen up if you have a home in Las Vegas.  Single Family Residential Home 2022 closings are down to new lows going back to 2008 to find lower numbers.  Additionally, we are 25% off the 2021 numbers.  The number of Properties Listed, and Homes Under Contract with a Buyer all dropped significantly again, turning our market from a Seller's market, to a Buyer's market in about 6-months time.    

As a Seller, many Communities are still in High Demand.  Many Buyer's seemingly want MOVE-IN ready homes.  So those that are updated, Fresh and Clean, are still selling Quickly and at Top Market Prices.  Those that need fixing up or updating, seem to languish at those Top of the Market Listing Prices and then sell for Lower anyways.  Attached Date from Equity Title shows Listinngs Over-Priced by 46,000!   

I have had multiple properties, no matter...

Las Vegas, Nevada Short-Term Rental Regulations Ruled Unconstitutional

HUGE win TODAY as The Eight Judicial District Court in Clark County, Nevada granted the Greater Las Vegas Short-Term Rental Association's and its President Jacqueline Flores' preliminary injunction against Clark County (Las Vegas) and the State of Nevada declaring these short-term rental regulations as unconstitutional.

"After being alienated for so long; the Greater Las Vegas STR Association and its short term rental owner members feel validated, vindicated and elated with todays court’s ruling granting our petition for a preliminary injunction...

TWO - North Las Vegas Homes For Sale with SOLAR!

CHECK OUT these stunniung NORTH LASS VEGAS HOMES WITH OWNED SOLAR!!

SCHEDULE YOUR SHOWINGS TODAY!!

3936 RecktenwallPHOTOS

This ABSOLUTELY Beautiful 1-Story Home is MOVE-IN READY!  

Walking up to the property, Pavers line the Driveway and Walkway leading you through the Stunning Entryway.  As you walk in you notice Tile floors throughout the main area and a perfect Entertaining/Sitting Room complete with 80" TV, Pool Table and tons of natural light.  

As you make your way into the Kitchen, the Calacatta Quartz...

Market watch May 2022

MARKET OVERVIEW

The first four months of 2022 have fallen 8.5% off the 2021 pace with 1446 fewer closings than the first last year at this time. Available SFR inventory improved by 2995 units while listings taken in April were approximately 140 more than in March. The SFR market increased slightly to 1.0 months of available inventory even as the condo and townhome segment rose to 0.8 months of inventory. The average days on market fell to 17 days.

The median sales price of SFR closings jumped yet again from $460,000 to $475,000 for a one-month gain of 3.3% while the SFR average closed sales price soared from $560,496 to $586,642 for a one-month increase of 4.66%. This was fueled by the high end and luxury market closing strength in April where the luxury market set another record with 218 closings of one million dollars or more. Strong activity at the higher price points with continued contraction of the lower price points drives the median sales price march...

Living your best life in Las Vegas

Live your best Las Vegas life in this 4.588 sq foot home!

PEACEFUL PARADISE - THE PERFECTLY PLACED WATERFALL HOLDS A SENSE OF SERENITY TO ENJOY RELAXING OR ENTERTAINING! EXTENDED COVERED PAVERED PATIO!

HIGH END DREAM KITCHEN, FEATURES AN ABUNDANCE OF QUARTZ COUNTERSPACE & WHITE CABINETRY, TOP OF THE LINE STAINLESS STEEL APPLIANCES, DOUBLE OVENS, ICE MAKER, BUILT IN DOUBLE SIZE REFRIGERATOR / FREEZER with WALK IN PANTRY....

Sun City Summerlin Villa!

Beautiful new listing in Sun City Summerlin!

This 2 bed 2 bath COMPLETELY RENOVATED 1664 sq ft JEWEL BOX in Sun City Summerlin's final phase has EVERYTHING!!

30 YR Waterproof Vinyl Plank Flooring throughout! The kitchen has all new STAINLESS SAMSUNG APPLIANCES, including a CONVECTION OVEN WITH AIR FRY, a FRENCH DOOR COUNTER DEPTH FRIDGE, Granite counters w/Granite & Glass backsplash, and a KRAUS WORKSTATION SINK!

The adjoining breakfast...

It may be a great time to sell your home!

4 signs you'd be better off selling your home before you retire

If you are retiring from your job, you need to make sure your finances are in order. And for many seniors, this means making a decision about what to do with the home that they live in. While some seniors prefer to stay put in their current house, others may want to sell – or may need to in order to shore up their financial situation.

It can sometimes be difficult to figure out what group you fit into. But you can get a good indication of whether unloading your property would make the most sense by watching for these four signs that suggest you may be better off finding a buyer for your home before leaving the working world....

Coming Soon - Rare UPGRADED 3-Bedroom Townhouse with 2-Car Garage

THIS GUARD GATED TOWNHOUSE COMMUNITY 

BOASTS THIS ULTRA MODERN AND WARM 3-BEDROOM / 2-FULL BATH HOME.  

COMPLETE WITH NEW WATERPROOF VINYL PLANK FLOORING - This 3BED/2BATH TOWNHOUSE HAS IT ALL!!!

The first level welcomes you to dual entrances - Front door or Garage entry. The Primary Main Bedroom is on the 1st Main Level furnished with a Huge walk-in closet and Private bath with Granite Counters. 

Second Floor has an open airy living room/dining room concept, Upgraded Kitchen, Pantry and 2 additional bedrooms plus full bath. All appliances are included...

Homes in Henderson, NV with Pools under 650k

With Summer just around the corner, the housing market in Nevada is heating up and so are the temperatures! What better way to enjoy your home during the summer than relaxing in your sparkling pool! Check out some of the hottest listings avail right now with pools under 650k in the sought after Henderson area!

MORE PHOTOS AND INFO----- https://www.themorcomgroup.com/property-search/detail/95/2378576/3656-toscanella-ave-henderson-nv-89052/

FOR MORE PHOTOS AND INFO--https://www.themorcomgroup.com/property-search/detail/95/2321039/1862-lemon-grove-st-henderson-nv-89052/...

INVESTORS - 4 Las Vegas Properties For Sale - Perfect Way to start your investing

So you want to Invest in Real Estate in Las Vegas, but you don't know where to start right?  Many questions come to mind like;
How do I find the properties?
Do I want A PROPERTY WITH A TENANT IN IT ALREADY?  
Do I need to use a Realtor?  
What happens if i don't use a Realtor and an issue comes up?  
IS IT AIRBNB APPROVED?  
Is AirBnB-VRBO Short-Term Rentals approved in Las Vegas?
...