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The latest evidence of a steady housing recovery is that home prices in almost all U.S. cities rose in the last month. This increase of 2 percent from July is at a higher rate than it has been. Las Vegas alone rose .9 percent. Continue reading →

Unfortunately home sales decreased for the 4th month in a row in Las Vegas. Foreclosure re-sales were at its lowest level since September 2007. The reason that the Las Vegas housing market continues to drop is that people owe more money on their current homes than what they are worth. On the upside, the housing market of Las Vegas showed relatively short times on the market. Continue reading →