LAS VEGAS MARKET UPDATE

I usually wait until the end of the quarter or the end of the year to post a full market update but this morning I was reviewing the data for October/November 2015 and I saw information that I would like … Continue reading


SERGIO COLOMBO FEATURED IN HOUSING NEWS REPORT BY REALTY TRAC

I was interviewed by the RealtyTrac managing editor for the Housing news Report for August 2015, here’s a direct link to the article: http://www.realtytrac.com/rnshared/HNR/INMAN/eHNR_August_2015_Inman.pdf Enjoy the reading! About RealtyTrac®: Founded in 1996, RealtyTrac® is the leading provider of comprehensive housing … Continue reading


THE 20 HOTTEST MARKETS RIGHT NOW

The U.S. housing market may be finding more balance, according to a new report from realtor.com®. For the first three weeks in July, the median list price rose to $234,000 nationwide, up 7 percent year-over-year, while inventories of for-sale homes … Continue reading


LAS VEGAS NO LONGER ON THE NATION’S TOP 20 FOR FORECLOSURE

For once, not making the TOP 20 is a good thing. More precisely, the kind of chart you never want to appear on again is the foreclosure rate TOP 20. In June 2015, Las Vegas is not on the TOP 20 metropolitan … Continue reading


JUNE MARKET STATS ARE IN

Last week I blogged the current market update with a forecast for the next 12 months. I also talked about the gain/loss in property values since last year. This week I wanted to add some charts that might better help … Continue reading


LAS VEGAS MARKET UPDATE. IS IT GOING UP OR IS IT GOING DOWN?

If you know me or you have bought or sold a property with me in the past, you already know that I am a number guy. Do you know what number guys like me do all day long? They analyze … Continue reading


FOREIGN BUYERS SPEND MORE ON US REAL ESTATE

According to the latest statistics, foreign buyers who invest in the US are spending more than ever per capita, although the total number of foreign buyers has decreased. Compared to last year, the total volume of foreign purchases was up … Continue reading


ADVANTAGES OF LIVING IN NEVADA VS. CALIFORNIA

I continue to get calls from California residents who are inquiring about buying properties here in Las Vegas. This is not something new, I have already seen and lived through this cycle a couple of times, first in 2003/4 when … Continue reading


BEL AIR MANSION TO TOP THE LIST OF THE MOST EXPENSIVE HOME EVER

When you think prices in one of the hottest market are already through the roof, you continue to see news that make you reconsider things. One of the biggest homes in U.S. history is rising on a Los Angeles hilltop, and … Continue reading


SALES OF VACATION HOMES SOAR AGAIN IN 2014

Vacation home sales boomed in 2014 to above their most recent peak level in 2006, while investment purchases fell for the fourth straight year, according to the National Association of Realtors®. According to the data released yesterday, vacation-home sales catapulted to … Continue reading