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Author Archives: Ken Lowman
REAL ESTATE BIDDING WARS ARE BACK!
What? That’s was so 2005. But, yes, real estate bidding wars are back in Las Vegas! The inventory of homes for sale without a contingent or pending contract has shrunk to an approximate one-month supply. Homes for sale under $150,000 … Continue reading
Housing has found the bottom
The debate rages over whether housing has found the bottom. Of course, the debate will continue because markets are localized and segmented by price ranges and neighborhoods. While existing home sales were down in March, they outpaced last year’s number. … Continue reading
Luxury Homes of Las Vegas is set for a record closing month in March 2012!
Luxury Homes of Las Vegas is set for a record closing month in March 2012! We will close nearly $10 million in Las Vegas luxury real estate for the month with 14 total closings. The highest sale for the month … Continue reading
Hot Home Styles
Modern is in. Luxury homeowners are seeking a spa-like look that is analogous to modern. Modern luxury styleallows for free flowing entertainment spaces, floor to ceiling sliding glass disappearing doors, stone staircases with open risers, clean geometric lines tempered by area … Continue reading
Predictions for 2012
Happy New Year and may 2012 be your best year ever! The Las Vegas luxury home market continued to add to its decline in 2011. We had pricing pressure in the luxury home market throughout Las Vegas as we continued … Continue reading
Happy Holidays!
Luxury Homes of Las Vegas would like to wish all of our clients, friends, customers and families a Happy Holidays Season! We have had a wonderful year selling Las Vegas luxury homes and this is the natural time of year … Continue reading
The Agonizingly Slow Recovery
The patient is the Las Vegas luxury real estate market. The patient is very sick. But, at least the patient is not getting worse. In fact, he’s getting better. But, getting better is a long way from recovered. This remains a … Continue reading
Saving to Invest in Homes Again
Since the financial crisis of 2008 Americans are socking away some $600 billion in annual savings a year! Many Americans are deleveraging, downsizing and living a more financially cautious lifestyle. Even luxury home buyers and million dollar homeowners have adapted. The home … Continue reading
Teamwork!
Perhaps you’ve heard the saying, “there is no ‘I’ in team.” I am blessed to have quite a team working here at Luxury Homes of Las Vegas. These amazing women are constantly going above and beyond the call of duty … Continue reading
The Best Las Vegas Luxury Neighborhoods
My informal survey is complete and the best luxury neighborhood in Las Vegas today is The Ridges! The Ridges at Summerlin has some impressive qualifications including the highest priced luxury home sale in 2010, the highest priced luxury home sale … Continue reading