Once a year, REALTOR® Magazine features a diverse list of 30 young people making waves in the real estate industry. This year’s list features five Coldwell Banker real estate agents, including Coldwell Banker Premier Realty’s own rising star, Zachary Walkerlieb. We think Zach’s hard work and dedication to the Las Vegas real estate industry and his unparalleled customer service are just some of the qualities that have resulted in being among the 50 2017 nominees.
Zac... read more
Following a significant increase in single family home prices over the summer, recent price growth is more tempered and flattening. In our opinion, this pause in price growth is welcome since we do not want to see prices exceed the basic fundamental measures that drive the market long-term. We typically see closings subside this time of year and 2015 continues this pattern, however, both escrows opened and the number of closed ho... read more
Looking year-over-year, the number of single family escrows opened and homes closed have been more than respectable. Closings are up nearly 20% year-over-year when measured in July and the year-to-date numbers are solid also. Price increases have moderated and we believe this is a welcome pause after the consistency in vibrant price increases. We have already experienced more price amplification than we expected back in Ja... read more
So far 2015 is looking a lot like 2014 in terms of closings. Both single family homes and condominiums are very close to 2014 levels between January and May. However, the type of buyer has been shifting with prices ratcheting higher during the past year. Investors now make up a relevant but declining share of closings and the higher prices have likely tempered some first-time buyer interest although low interes... read more