Coldwell Banker Premier Realty

February 2016 Residential Snapshot

Posted by John McClelland on March 23, 2016 in  uncategorized

  • The latest data print shows transactions increasing meaningfully from last month and year-over-year
  • The price trajectory remains relatively flat
  • Prepare for the spring and summer buying season, one of the best times to list a home for sale

For Immediate Release Trisha Roche (702) 372-8429   Coldwell Banker Premier Realty Named Platinum Award Winner by Cartus Broker Network (DANBURY, Conn., March 17, 2016) – Coldwell Banker Premier Realty has been named a Platinum Award winner by the Cartus Broker Network for its outstanding performance during the past year. The award was presented at the 2016 Cartus Broker Network International Conference March 8-11, 2016 at the Harbor Beach Marriott Resort and Spa, Ft. Lauderd... read more

The Las Vegas Rental Market

Strengthening throughout 2015 for Single Family and Multifamily Projects
Posted by John McClelland on February 22, 2016 in  uncategorized
After many years of flat rental growth (even negative in 2012), single family rentals experienced strong growth for all of 2015, experiencing year-over-year gains of between 2.2% and 5.5% on a monthly basis, measured with average price per square-foot. Marketing times for single family rentals have also been historically low with median days on market dropping to 13 days in the Summer of 2015 and finishing the seasonally weaker December at 26 days, far below the historical peaks of over 40 days.Figure 1: Average Pr... read more
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Market Snapshot

January 2016 Data
Posted by John McClelland on February 19, 2016 in  uncategorized

  • Single Family Home Prices are up 9.3% year-over-year
  • Home prices have been essentially flat for the past several months
  • Closed transactions are up slightly from the same period last year


Quick Update On December Trends

Posted by John McClelland on January 21, 2016 in  uncategorized


Quick Facts:

  • Distressed homes are a small fraction of current inventory.
  • Months-of-supply is about three months.
  • The sale price – list price ratio is about 98%.

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