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.

Wednesday, September 30, 2015

High rise condos available at Veer Towers in the City Center of Las Vegas!

Own a piece of the world-famous Las Vegas strip! This upcoming high rise listing is located at Veer Towers, in the City Center complex on Las Vegas Blvd. Walking distance to Aria, The Cosmopolitan, Bellagio, Paris, Mandarin Oriental, Caesar's Palace, MGM Grand, and the under-construction 20,000 seat MGM-AEG Arena.

Check out a unit currently for sale:

This particular unit is 843 square feet and located on the 27th floor! It is currently tenant occupied on a short term basis at $1,900 a month.

Call me with questions!

Shawn Cunningham
(702) 823-0855

Wednesday, September 23, 2015

Las Vegas home prices up 10 percent over last summer

According to the latest report from GLVAR, Las Vegas area home sales and prices continued to post healthy gains in August 2015 compared to the year prior. The median price of homes sold sold during August was $220,000, up 10 percent from the same time last year.

"We're seeing double-digit increases for both the median price and the number of single-family homes being sold here in Southern Nevada," said 2015 GLVAR President Keith Lynam. "At this point, we're well ahead of last year's sales pace, which is good news for local homeowners and the housing market. It remains a fairly balanced real estate market, which is solid news for both buyers and sellers."

Click here to read more on the story.

Shawn & Kyle Cunningham
Cunningham Group at RE/MAX Advantage | (702) 823-0855 Shawn | (702) 823-0840 Kyle

Tuesday, September 15, 2015

Las Vegas climbs in housing confidence rankings

According to a new report from Zillow, the Las Vegas valley ranked No. 9 in the Zillow Housing Confidence Index as of July - up from spot No. 13 in January. Twenty of the largest metro areas were included in the index.

The median sales price of single-family homes came in at $220,000 in Southern Nevada as reported by GLVAR, up 10 percent from August 2014.

Zillow noted that about 12 percent of Las Vegas renters surveyed plan to buy a home in the next year, and 66 percent of homeowners believe local property values will have climbed a decade from now.

With more renters hoping to buy and more owners gaining confidence in the local market, the measure of faith in Las Vegas housing is still on the uptick, while national measurements of the same data have slumped slightly.

People are still "quite confident overall," said Svenja Gudell, Zillow chief economist. "The good news is things are leveling off with no crash in sight. If incomes rise to keep up with home values - and that's a big if - people can count on homeownership in their future, even in hot markets."

Shawn & Kyle Cunningham
Cunningham Group at RE/MAX Advantage | (702) 823-0855 Shawn | (702) 823-0840 Kyle

Tuesday, September 8, 2015

3 features Americans want in their dream home

As it turns out, most Americans have a pretty clear idea of what they want in their ideal home - and it doesn't involve living large. This may be surprising to some, but as it turns out bigger isn't always better.

“Most people want a mid-sized, modern home in the suburbs with a backyard deck,” said Selma Hepp, chief economist of Trulia. “Americans are pretty realistic and practical when it comes to what they want in their dream home.”

Here are the top 3 features, broken down in numbers:

  • 44% of respondents want an average-sized home between 1,401 and 2,600 square feet — choosing a home that is not too big or too small.
  • When describing where their dream home is located, most respondents are evenly split between wanting to live in the countryside (27%) and the suburbs (27%) rather than in the heart of a major American city (8%).
  • Most Americans are less modest when it comes to the amenities they desire in their dream home: 59% say they want a backyard deck. Other features they want in their dream home include a balcony with a view (45%), gourmet kitchen (47%), vegetable garden (40%), open floor plan (38%) and swimming pool (38%).

Shawn & Kyle Cunningham
Cunningham Group at RE/MAX Advantage
(702) 823-0855 Shawn
(702) 823-0840 Kyle

Wednesday, September 2, 2015

Henderson cat hoarding makes great case in the need for property managers

Yikes... reason number 1,000 why it's important to hire a good property manager if you own a rental property in the greater Las Vegas area.

In this particular scenario, none of the neighbors had any idea that about 60 cats were being held in a nearby single apartment unit.... This is why our Property Managers do annual checkups on properties, for single family residential homes as well as condos and townhomes - because you would never know how your property is being taken care of unless you went inside!

Check out the local cat hoarding story at the following link:

Shawn & Kyle Cunningham
Cunningham Group at RE/MAX Advantage
(702) 823-0855 Shawn
(702) 823-0840 Kyle