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It is with great pleasure that Shannon Smith welcomes you to Las Vegas, and to his website. With years of experience in the market, he knows how crucial it is for you to find relevant, up-to- date information. The search is over. This website is designed to be your one-stop shop for real estate in Las Vegas.
This is the moment that you should enjoy the most; looking at the available properties in Las Vegas; imagining yourself living in the home that you have always dreamed about. You don’t want just another database that gives you rehashed property descriptions. You want to walk around the neighborhood from the comfort of your own home. You want to get a clear picture about life in Las Vegas.
That is exactly what you get here. This website has been built with you in mind. From the highest quality property images to the most informative guides and blogs, he is here to make your home buying or selling experience smooth and stress-free.
Part of making your experience with Shannon Smith a pleasant one is the way that he makes himself available to you. You can easily access his contact info to get in touch with him today.
July Update 2019
Hey My Friends , Is cash still king? Probably so, but cash buyers are backing off giving everyone else a golden opportunity! Only 18% of homes in July sold to cash buyers. 82% of buyers obtained some sort of financing. 49% received a conventional loan, 18% FHA, 12% VA and 3% some other type of financing. Homes... Read More
Hey my friends, As of today there are: Single Family Homes 7,650 Single family homes for sale 7,448 of those homes are "Regular Sellers" 88 are Short Sales, 114 are Bank Owned 4,072 Homes that have contingent or pending offers 9,287 Sold in the past 120 days. The median home sale price for last month was 0,000 or 6 per square foot. Condos & Townhomes 1,957 Condos & Town homes... Read More
Hey My Friends , Is cash still king? Probably so, but cash buyers are backing off giving everyone else a golden opportunity! Only 18% of homes in July sold to cash buyers. 82% of buyers obtained some sort of financing. 49% received a conventional loan, 18% FHA, 12% VA and 3% some other type of financing. Homes on average sold for 98% of the list price. So if a home was listed for $100K it probably sold fo
Hey my friends, As of today there are: Single Family Homes 7,650 Single family homes for sale 7,448 of those homes are "Regular Sellers" 88 are Short Sales, 114 are Bank Owned 4,072 Homes that have contingent or pending offers 9,287 Sold in the past 120 days. The median home sale price for last month was $300,000 or $166 per square foot. Condos & Townhome
Hey my friends, Your favorite Realtor in the news. Mobster’s former Las Vegas home sells for $419,900 https://www.reviewjournal.com/homes/real-estate-millions/mobsters-former-las-vegas-home-sells-for-419900-1608530/ Boxing champion puts $4.75M home on the market; 8 News NOW gets special tour https://www.lasvegasnow.com/news/local-news/boxing-champion-puts-45m-home-on-the-market-8-news-now-gets-special-tour/17
Hey my friends, As you already know, in Las Vegas we’re in a league of our own when it comes to just about everything, but in particular the housing market. Prices are still rising despite the amount of homes sold are decreasing and the available inventory rising. Compared to January 2018, January this year the amount of available listings rose nearly 50% while home prices rose 11.5% Also compared to Janu
Hey My Friends, I always wonder how long after January 1st do you say Happy New Year?!?! Oh Well…..HAPPPPY NEW YEAR!! The Las Vegas housing market accelerated in the past year or so amid low inventory and strong demand, but lately, amid higher mortgage rates, fast-rising prices and affordability concerns, sales have slowed and inventory has surged compared with a year ago. Buying a home “will be an even more
Hey Hey Friends, At the second annual economic forecasting event hosted by the Las Vegas Global Economic Alliance and UNLV, all three speakers were highly optimistic for the future of Nevada’s economic standing. Jeremy Aguero, principal analyst for Las Vegas-based Applied Analysis said, “We are well on our way to being not just the entertainment capital of the world but the sports capital of the world if we’re
Hey my friends, What can cool a hot housing market?? The housing market may be starting to benefit from the one thing that can loosen a long-running squeeze that has driven up prices and frustrated hungry buyers: MORE HOMES. There are 500 more available homes for sale than one month ago and 2,800 more available homes than in the month of May. Why is inventory increasing? The elections? Maybe But,partly b
Hey My Friends, What’s going up? Home prices, inventory, and interest rates. What’s coming down? The amount of homes being sold. What’s been way down for a while now? The amount of short sales and foreclosures on the market. September is the first time since June 2007 that the median home price has reached $300K, which is up 1.7% from August. While prices are still increasing, the increased i
Hey My Friends , If you saw the news last week you probably saw that Las Vegas is officially the hottest real estate market in the country!! Las Vegas reported the highest year-over-year gains in home values, totaling a 13 percent increase, according to the S&P’s Corelogic Case-Shiller Index (the leading measure of U.S. home prices). Seattle came in a close second with a 12.8 percent increase, San Francisco
Hi Friends, When the country’s economy is doing well, the economy in Las Vegas does great! Sold homes last month stayed on the market an average of only 11 days. May marked the busiest month in McCarran International Airport’s history with more than 4.36 million airline passengers, topping the record set in previous months. Below is from an interview with Lawrence Yun, the National Association of Realto
Hi Friends, When the nations economy does well, the Las Vegas does economy great. The past three years have been Clark County’s best when it comes to visitation levels. The coming Las Vegas stadium should help improve future numbers, according to a new Moody’s Investor Service report. “Clark County expects the new NFL stadium will be a notable new draw for consumers and visitors,” Moody’s Patrick Libe
Hi Friends, In 2017 according to the US Census Bureau, Clark County added the 2nd most new residents in 2017. Nevada’s most populous county grew by 47,355 residents in 2017. Only Maricopa County, Arizona, home to most of the Phoenix metro area, added more new residents with 73,650. In 2016 we were 3rd in the nation and at this rate we will continue to top this list in years to come. It’s an exciting time t
With Clark County reaching a population of 2.25 million, more and more people have been moving to Nevada. High taxes and cost of living are some of the main reasons for leaving California. At latest check, the estimate for a rental truck from San Francisco to Las Vegas is around $2,000. But going the other direction, it's only about $120. Last month (February) 2,059 homes sold. Only 9 of those properties sold fo
Hi Friends, Billionaires see the growth and opportunity, so should you?!?!?! 1. Last week, a Texas home builder purchased 200 acres in North Las Vegas for $42.5 million dollars. 2. Two weeks ago the BLM auctioned off 460 acres across the valley for $74.6 million dollars. 3. February 1. BKM Capital Partners acquired 13 buildings and a 4-acre parking lot, all on Pilot Road just south of the airport, for $92 mi
Hi Friends, I know I’m a little late but I’ll say it anyway….HAPPPPPY NEW YEAR!!! 2017 was one of the biggest years on record for Las Vegas Real Estate and the same is coming for 2018. Las Vegas isn’t just in the top 10 of the projected hottest markets in 2018, WE ARE NUMBER 1 according to HousingWire.com!!! To determine its predictions for the best real estate markets of 2018, realtor.com’s econom