Welcome!

Welcome!

My intent for this blog is to create a source for you to stay up to date with what's happening in Real Estate both on a national and local level. Feel free to comment, ask questions, or share with someone you know! I've included links to my personal website where you can find more information about me and my company, and what specifically I can do for you as your agent. In addition, I've posted important links where you can find pertinent information on foreclosures, short sales, and aids that will help you in your search of your next home/investment. Enjoy!

Thursday, February 10, 2011

Cash is King in Las Vegas

Yesterday, the Greater Las Vegas Association of Realtors reported that in January more than half of the transactions were cash purchases. For the most part, these cash investors are looking to rent out their investment properties. Paul Bell, GLVAR's president, believes that the cash investors are crucial to our Las Vegas market, "without them, the homes would sit vacant and inventory would rise. With low rents and attractive single-family residences available, many tenants are opting to rent their own homes rather than live in complexes."

If you are looking to invest in Las Vegas real estate, or are perhaps looking to rent a single family residence, please don't hesitate to contact me.

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