Things are improving!  

There are all kinds of indications that the real estate market is turning,  but a look at numbers will tell the rest of the story. Lately the number of pending sales has improved dramaticly.  The number of pending sales in Clark County was a 148.  That is down a few from last week's anual record but still a respectable number.  Also inventory is now down to 2007 levels of 3961 units. 

The most active price range was between $100,000-$200,000.  There were 47 houses listed and 69 went pending.  That means we chewed up 22 houses from the inventory in that price range.  For a buyer this is not good news because he now has less to choose from, and presumably the competition is increasing.    For a seller this shows improvement, and if the trend continues, prices in those square footages and styles will begin to move up. 

Now in the $300-$400 price range.  We listed 34, pended 17, thereby adding 17 to an already bloated inventory of 665 units; bad price range to be a seller; good for a buyer.  More houses, fewer buyers equals downward pressure on prices.

This information is valuable when making offers and pricing homes, if you have access to it and use it to your advantage.  If you would like up to date information on all price ranges visit our blog.

 www.mikelblog.com

A word about virtual agents...

 Most all of our work these days is done on-line, our transaction documents are created on-line. They are passed between agents and principals during the transaction on line,  and they are archived and stored on-line.  Agents at Scott Mikel & Associates are equipped with the most up to date tools in the business to bring you the absolute best real estate services from anywhere on the planet.  They no longer drive into work each day to use fax and copy machines.  Most of our work is paperless saving trees, foreign oil, natural gas, water, pencils, coffee, and reducing the carbon footprint of one tiny business, (I have to quit I'm starting to get a tear in my eye)!

OK I'm back now...

We are probably the first to make the complete shift to this virtual environment in Clark County but surely others will follow.  We have left the bricks and mortar behind but in no way have we diminished our commitment to the absolute best customer service and the highest integrity found in the business.  Our agents are hired first for these qualities.

Feel free to explore this website for all your real estate needs.  Below the two methods of searching for homes below are the most effective in the business.  Be sure you try the Homequest link when you are ready to get down to business.


Two Ways to Search for Homes
(click on the one that works best for you)


Homequest

The ultimate in home search tool.  Listings delivered to your inbox daily.
 Addresses Included

Click here for HomeQuest Overview!

Email the Broker

We don't Bite and we don't bug.  I have no annoying email campaign, and I don't have any interest in ticking you off, but if you would like to talk to someone, and have some of this data analyzed, click here and tell us what you are looking for or ask any questions you might have. We do daily analysis in all price ranges.  It often works well to start a dialog this way so we can best help you.

Scott

Scott Mikel & Associates inc.
Our Feature Homes
Search All Local Listings

If you are an agent looking for an alternative to high desk fees and bricks and mortar you might want to check out

www.agentsgonevirtual.com