February 2020: Nevada’s economy was at a peak. Unemployment stood at 3.6 percent. The state led the nation in new job creation. March 2020: Governor Sisolak ordered all nonessential businesses to close and Nevada entered the worst recession since 2008. In two months, 280,000 Nevadans lost jobs. The COVID-19 recession was a faster, larger drop than the Great Recession, … [Read more...] about Economic Forecast 2021
Chris Bishop
Living LargeNevada’s Luxury Home Market
In late 2018, a condo in the Waldorf Astoria Las Vegas sold for a record-setting $1,633 per square foot. Despite this being an impressive luxury home record sale, it could be eclipsed if a home listed at Crystal Pointe, Lake Tahoe, sells – that listing is for $75 million. Nevada’s luxury home market is growing. New residents flocking to our state bring with them equity from … [Read more...] about Living Large
Southern Nevada Home Prices Level off Heading into Holidays
GLVAR housing statistics for November 2018 LAS VEGAS – Southern Nevada home prices leveled off heading into the holidays, with more homes on the market and fewer properties changing hands. So says a report released Thursday by the Greater Las Vegas Association of REALTORS (GLVAR). GLVAR reported that the median price for existing single-family homes sold in Southern … [Read more...] about Southern Nevada Home Prices Level off Heading into Holidays
Southern Nevada Home Prices Fall Back from $300,000 Mark as Supply Rises
GLVAR housing statistics for October 2018 LAS VEGAS – Local home prices slipped slightly last month, with more homes on the market and fewer people electing to buy homes in Southern Nevada compared to the same time last year. So says a report on the local housing market released Tuesday by the Greater Las Vegas Association of REALTORS (GLVAR). GLVAR reported that the … [Read more...] about Southern Nevada Home Prices Fall Back from $300,000 Mark as Supply Rises
Southern Nevada Home Prices Bounce Back to Hit $300,000 Mark
GLVAR housing statistics for September 2018 LAS VEGAS – After a sluggish summer, Southern Nevada home prices bounced back in September to hit $300,000 for the first time in more than 11 years, according to a report released by the Greater Las Vegas Association of REALTORS (GLVAR). GLVAR reported that the median price for existing single-family homes sold in Southern … [Read more...] about Southern Nevada Home Prices Bounce Back to Hit $300,000 Mark
Southern Nevada Home Prices Leveling off This Summer
GLVAR housing statistics for July 2018 LAS VEGAS – Local home prices are leveling off this summer as the housing supply has stopped shrinking but still remains tight. That’s according to a report released by the Greater Las Vegas Association of REALTORS (GLVAR). GLVAR reported that the median price for existing single-family homes sold in Southern Nevada through its … [Read more...] about Southern Nevada Home Prices Leveling off This Summer
Southern Nevada Housing Market Looking a Lot like the Summer Weather
GLVAR housing statistics for June 2018 LAS VEGAS – A housing market report released by the Greater Las Vegas Association of REALTORS (GLVAR) looks a lot like the summer weather in Southern Nevada, with local home prices continuing to heat up from last year at this time while the housing supply stayed desert dry. GLVAR reported that the median price for existing … [Read more...] about Southern Nevada Housing Market Looking a Lot like the Summer Weather
GLVAR to Honor Veterans with June 28 Flag-Raising Event at New Headquarters Building
Who: Members of the Greater Las Vegas Association of REALTORS (GLVAR) and local veterans, including members of the Veterans Association of Real Estate Professionals (VAREP). GLVAR President Chris Bishop and VAREP President Ernie Gonzales will be among those attending this event. What: GLVAR and VAREP leaders will raise the United States and Nevada flags for the first … [Read more...] about GLVAR to Honor Veterans with June 28 Flag-Raising Event at New Headquarters Building
Southern Nevada Home Prices Keep Climbing While Supply Keeps Shrinking
GLVAR housing statistics for April 2018 LAS VEGAS – Local home prices kept climbing through April as the local housing supply continued contracting, according to a report released today by the Greater Las Vegas Association of REALTORS (GLVAR). GLVAR reported that the median price for existing single-family homes sold in Southern Nevada during April through its Multiple … [Read more...] about Southern Nevada Home Prices Keep Climbing While Supply Keeps Shrinking
Southern Nevada Home Prices Continue to Bloom Heading into Spring Season
GLVAR housing statistics for March 2018 LAS VEGAS – Local home prices rose again in March while the local housing supply stayed tight, according to a report released by the Greater Las Vegas Association of REALTORS(GLVAR). GLVAR reported that the median price for existing single-family homes sold in Southern Nevada during March through its Multiple Listing Service (MLS) … [Read more...] about Southern Nevada Home Prices Continue to Bloom Heading into Spring Season
Southern Nevada Home Prices Warming Up While Sales Cooling Down
GLVAR housing statistics for February 2018 LAS VEGAS – Local home prices rose again in February while sales slowed down amid a shrinking housing supply, according to a report released today by the Greater Las Vegas Association of REALTORS (GLVAR). GLVAR reported that the median price for existing single-family homes sold in Southern Nevada during February through its … [Read more...] about Southern Nevada Home Prices Warming Up While Sales Cooling Down
Even With Tight Housing Supply, 2017 Was a Strong Year for Local Home Sales
GLVAR Housing Statistics for December 2017 LAS VEGAS – Despite a tight housing supply, the Greater Las Vegas Association of REALTORS (GLVAR) reported that 2017 was one of the best years on record for local home sales and that home prices continued to increase from the previous year. GLVAR reported that local home prices ended the year up 14.0 percent from one year ago, … [Read more...] about Even With Tight Housing Supply, 2017 Was a Strong Year for Local Home Sales
GLVAR Members Earn National Appointments to Key NAR Committees
LAS VEGAS – Nineteen leading and longtime members of the Greater Las Vegas Association of REALTORS (GLVAR) recently earned appointments to leadership positions with the National Association of REALTORS (NAR). “We’re fortunate and honored that so many of our top local REALTORS have been recognized and appointed by their peers around the country to these national leadership … [Read more...] about GLVAR Members Earn National Appointments to Key NAR Committees