Las Vegas Real Estate Market

Las Vegas Market

Las Vegas has suffered through the housing market turmoil like few other places and based on the opinions of many, it still has further to fall. Sin City’s metro area has led the nation in mortgage defaults for 22 straight months through August 2011 and home prices have plunged a whopping 60 percent from the peak in 2006, according to RealtyTrac. Financial analytics company Fiserv projects that Las Vegas’s home prices could fall another 16 percent by June, 2012. Learn More

Las Vegas Home Search

These days many real estate investors and homebuyers are betting that the Las Vegas market is poised to stage a comeback.

Home sales, especially of bank repossessions, have picked up significantly. Nearly 36,000 homes have been sold so far this year as of September 30, an 11 percent increase as compared to the same time period in 2010, according to Lawrence Yun, chief economist for the National Association of Realtors.

Things are looking up. The Las Vegas metro area added 200,000 new residents since the bust first hit the valley in mid 2006, an 11 percent jump or over twice as much the national growth rate. Learn More

Smith Team Listings

Please take a look at the listings on this site. The Smith Team covers the entire Las Vegas Valley and we offer FREE relocation assistance and have an extensive line of services designed not only to facilitate group or individual moves but also to assist and provide comprehensive information to all considering a move to Las Vegas and its surrounding areas. We also have in-house lending resources offering competitive rates and in-depth information. You can even search for current MLS property listings in the Las Vegas area online and at your convenience. Also, sign up to receive automatic e-mail updates as new properties come on the market. Learn More