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Category Archives: The Economy

Predictions for 2012

Jan 09, 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 a [more]
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The Agonizingly Slow Recovery

Dec 08, 2011
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 [more]
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Saving to Invest in Homes Again

Oct 28, 2011
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. [more]
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Home Prices Critical to Small Business Jobs

Aug 26, 2011
Small businesses account for most of the new job creation in America.  What do small businesses need to expand and hire?  Credit and access to capital.  Yet most lenders today are not lending to small [more]
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9 of 10 Americans value home ownership

Jul 15, 2011
Americans still view home ownership as the American Dream. With nearly 25% of home owners at the present time owing more on their homes than they are worth, 9 of 10 Americans polled still see the valu [more]
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Luxury home sales still happening in Las Veg...

Jun 07, 2011
The headlines and stories are all doom and gloom.  Despite all this, luxury home sales in Las Vegas are still happening every day!  In May, there were 8 closed sales on homes over one million dollars. [more]
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Wealthy Unhappy

Mar 27, 2011
A recent survey of wealthy Americans with assets over $1 million found that the majority were unhappy with their financial situation and did not feel wealthy. The survey found that it would take $7.5 [more]
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Las Vegas Luxury Market Statistics

Mar 11, 2011
Spring is upon us in Las Vegas!  75 degrees, how very nice.  In January we had nine luxury home sales close for over $1,000,000.  In February, we had 11 luxury home sales close for over $1,000,000.  B [more]
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Luxury Real Estate Improving

Jan 31, 2011
I recently returned from a Vail, CO ski trip and the local media reported that the sale of luxury real estate there was up over last year.  Luxury sales were nowhere near there 2007 or 2008 high, but [more]
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Reasons it still pays to buy a home

Jan 09, 2011
The past few years has brought many negative real estate articles and even so called experts that say it is no longer wise to own real estate.  All these negative articles usually signala market botto [more]
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2011 A New Year!

Jan 03, 2011
Happy New Year to all our clients, friends, past customers and blog readers!  2010 certainly brought challenges to the luxury real estate market in Las Vegas and 2011 will continue to bring an environ [more]
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Santa Clause Rally?

Nov 18, 2010
Since the election November 2, 2010 we have been extremely busy selling luxury homes here in Las Vegas.  We have sold two luxury estates over $4 million (one in The Ridges and one in Summerlin) and se [more]
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