Investor Central

Welcome to the premier resource for Las Vegas investors looking to generate wealth through real estate. Whether you already own a property and need management help or you need assistance to get started, you have found the right place.

Thursday, October 31, 2013

September 2013 SFR Sales Report

Below is Ticor Title's September 2013 sales report for Single Family Residential homes in Clark County. Although SFR sale prices continue to rise in the southern Nevada housing market, these prices are still significantly lower than they were before the market collapsed.

 Click on the image for a larger view.

Tuesday, October 29, 2013

Mortgage Rates Fell on the Lousy Jobs Report & Competition

Mortgage rates are finally experiencing a drop, as demonstrated below with the average 30-year fixed-rate mortgage graph. This will come as a relief for many homeowners and prospective buyers. With lower mortgage rates, homeowners who have been waiting to refinance can now do so in order to increase their disposable income and encourage economic growth. First-time homebuyers can also take the leap from apartment to home while lower mortgage rates are within their reach. Increased first-time home buyer activity results in a higher consumption of goods, and given that consumption accounts for 70% of the U.S. economy, this will further stimulate economic growth.

Read more at the article linked below:


Thursday, October 24, 2013

Not all Real Estate Investors are Fleeing Las Vegas Housing Market

Although some Wall Street investors have started to pull back, lessening their willingness to purchase properties in the Las Vegas market, overall investor appetite is actually still growing statewide. Last month was the first since January 2012 that home prices fell from the previous month, and smaller buyer investors are still in on the action, continuing to snap up these affordable homes and subsequently turning them into rental properties.

Read more at the following link:


Tuesday, October 22, 2013

Sales of Previously Owned U.S. Homes Fall in September

Nationwide sales of previously owned homes fell for the first time in three months this past September reaching a drop of 1.9 percent, according to a recent report from the National Association of Realtors. It has been noted that would-be buyers were discouraged by rising prices and mortgage rates after an almost four-year high in previously owned home sales. The rise in home prices climbed 11.7 percent, pushing housing affordability to an almost five-year low.

Read more at the article:


Thursday, October 17, 2013

House Flipping Remains Fruitful in Las Vegas, if Not Elsewhere

Nevada had 1,014 single-family home flips in the third quarter, showing that the nationwide slowdown in house flipping isn't nearly as prevalent in the Silver State. Nationally, house flipping fell 35 percent from the second quarter as reported by RealtyTrac. Whereas in Nevada, third quarter house flips were down 16 percent from the second quarter, but fell only 1 percent from a year ago.
As such, flipping remains as a profitable business in the Las Vegas Valley where house flippers gained an average profit of $53,503 per deal in the third quarter.

Link to the article:


Tuesday, October 15, 2013

Las Vegas Housing Market Returns to Life

Although it experienced a substantial crash when the housing market took a turn for the worst, water is again cascading down the artificial waterfall at Lake Las Vegas. This residential real-estate development that went bust during the real-estate crisis is now selling newly built homes again at a normalizing rate. Watch the video below for more info.

Link to website:!236B17D4-6340-4DD7-A86C-BFB1C010FFF4


Friday, October 11, 2013

Delivering a New Downtown: How Two Generations of Las Vegas Leaders are Reshaping the Heart of the City

If you'd like to acquaint yourself with the many stories behind the revitalization of downtown Las Vegas, we've found an in-depth presentation just for you. This LVRJ presentation takes readers through ten chapters of progression, starting from "A desire for downtown" all the way to "Happiness delivered". Discover all of the improvements we've made so far, along with all of the efforts that are still happening today in order to rejuvenate the core of our famous city.

Find the incredible series-of-events style report at the link below:


Thursday, October 10, 2013

Las Vegas Now Topping Neighboring Cities in Economic Recovery, Report Notes

After lagging for quite some time in the area of economic recovery, Las Vegas led the 10-city Intermountain West region in housing-price gains, with a jump of 6.5 percent in the second quarter. Measures were further determined by job growth, according to the report from public policy nonprofit Brookings Mountain West.

“Just as Las Vegas had an outsized boom, it also had an outsized bust,” said Kenan Fikri, research analyst with Brookings' Metropolitan Policy Program. “Indicators in Las Vegas are uniformly headed in the right direction.”

Read more at the article:


Tuesday, October 8, 2013

Run of Rising Las Vegas Home Prices Reaches an End

After two years of recovery and gradual prices gains in the Las Vegas housing market, things are beginning to cool off just a bit. According to a new GLVAR report, the median price of previously owned single-family homes sold last month was at $180,000, up 28.6 percent from 2012 and down 1.1 percent from this year in August. Home prices and sales are expected to slow and stabilize further as we head into winter, when transactions are known to slow during the holiday season.
This article also notes that buyers are presently ignoring more listings as overconfident homeowners attempt to sell for higher prices. GLVAR reports that 6,330 single-family homes were up for sale last month without having received any offers. This is a 13 percent increase from August, and a 61 percent increase form just a year ago. Although investors have played a major role in recovering the Las Vegas housing market by purchasing cheap homes in bulk, they are now scaling back on local buys as many sellers attempt to land heightened sale prices.

Check out the article:


Friday, October 4, 2013

What will Your Mortgage Payment be?

Need to quickly calculate a mortgage payment? CNN Money provides a useful and easy-to-use tool on their website to do just that.

Simply follow the link below and input your data to calculate any mortgage payment:

Tuesday, October 1, 2013

FHA will Keep Lending During Shutdown

Although the U.S. Department of Housing and Urban Development (HUD) originally stated that it would stop working on applications for loans guaranteed by the Federal Housing Administration (FHA) if the government were to shutdown, HUD retracted its statement over the weekend and said it will continue processing loans "in order to support the health and stability of the U.S. mortgage market. Given this, applications for all government-backed mortgages will continue to be processed during the shutdown, but a limited number of FHA staff will be available to underwrite and approve these new loans.

Follow the link below for more info: