I’m one of the few, who has been saying for the last 3 years that there will NOT be a HOUSING MARKET CRASH.

I took some time, 4 months for this video because I wanted to show real honest perspective. For several years we have been warned, it seems daily about a housing CRASH. it’s been The dominant story in real estate news, and has included variations like CRASH, CRISIS, or other scary words in all capitals. Did it happen and I missed it? Is it coming?

Las Vegas is the greatest city in the world, and that’s why thousands of people move here every month, going on decades. In this 5 part video series, I’m going to share the factors that separate living in Las Vegas from anywhere else on the planet. The 1st, that we’ll review today, is that we are now, the Sports Capital of the world.

The NFL Pro Bowl was hosted here at Allegiant stadium, and is home to the Las Vegas Raiders. Las Vegas is the #1 destination for parties. A report by online casino NJ.bet named LV the #1 best city to watch the Super Bowl.

For as long as I’ve been alive, Las Vegas has been known throughout the world as the gambling mecca and casino capital of the world. However, there’s been a lot of economic diversity developed over the last decade, which now includes what most people would recognize as top dining, entertainment, music festivals, and sports. What is less known is the valley’s explosion as a distribution hub and Feature Film destination.

In this video, we’ll review some economics that separate Las Vegas from other cities, as we still hear daily in the news that there is ongoing recession or economic concerns.

Las Vegas is the Greatest city in the World, and has always been known as a place with a variety of shows, from classic Vegas entertainment like Folies Bergère to smoky lounge acts, magicians & comedy to live concerts… however it has evolved to world class events and mega festivals. In part 3 of this series, I’ll share why there is no question that we are now the Entertainment Capital of the World.

There’s nowhere that has as many amazing festivals or massive as Las Vegas. In 2011, the most amazing event in the history of the planet arrived in Las Vegas, the Electric Daisy Carnival, EDC.

Everyday, I see news headlines that predict catastrophe in real estate, and have conversations, doing my best to explain to people the real truth, not the BS in the media, or hysteria of those thinking “here we go again.”

The only people who have been consistently wrong are the media & 80% of real estate agents, who have no idea what is really going on.

The market is so strange right now here in October 2022. Let’s take a look at what happened in our local market with all these crazy things going on in the news, and How this is affecting our prices in our market here in Las Vegas.

Fortune magazine’s recent headline was “Boise, Las Vegas, and Phoenix look like housing busts…” However, our Local paper Las Vegas Review Journal included a report from Las Vegas Realtors association that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service during September was $450,000. That’s unchanged from August, but down from the all-time record price of $480,000 in May. The median home price is still up 10.7% from $406,500 1 year ago. Does that sound like a “bust” to you?

$459,000

BEST DEAL IN THE AREA. UPGRADED 3 BEDROOM + DEN, 2 BATH, 3 CAR GARAGE SINGLE STORY HOME in GREAT GREEN VALLEY COMMUNITY. New Tile in Kitchen incl. All Stainless Steel Appliances, Newer Samsung Refrigerator, Mosaic Tile Backsplash, Breakfast Bar. Open Living Room w/ Vaulted Ceilings, Ceiling Fan/Lights, Gas Fireplace. Master Suite Feat. Luxury Vinyl Plank, Ceiling Fan, Walk-in Closet. Master Bath w/ Double Sinks, Kohler Walk-in Hydrotherapy Bath. Newer 16 SEER HVAC. About 1 Mile to 215 and 95/515 Freeways. 21′ x 10′ Enclosed Patio. EZ Maintenance Backyard w/ Long Patio, Syn grass.

$775,000

BEAUTIFUL, UPGRADED 5 BEDROOM, 3 BATH, 3 CAR GARAGE + LOFT HOME WITH CUSTOM SWIMMING POOL + SPA in EXCLUSIVE GUARD GATED PALM HILLS. Backing up to Mountain Views, only 1 direct neighboring home w/ Lots of Privacy. CHEF’S DREAM GOURMET KITCHEN incl. Island, Double Built-in Ovens, Custom Cabinets, Stainless Steel GE Profile Appls., Dining Nook, Walk-in Pantry. Oversized Master Suite Feat. Slider to Balcony, Huge Walk-in Closet. Spa like Master Bath w/ Soaking Tub, Walk-in Shower, Double Sinks. Long Covered Patio, Built-in BBQ, Pavered Deck, Lemon Tree in Backyard. Crown Moulding throughout Living Areas + Master. Premium Venetian Plaster Textured Walls. Surround Sound in Loft. Gas Fireplace in Family Room. Ceiling Fans Throughout. Newer H2O Heater. Zoned for the best elementary and middle schools. ½ Mile to 95/515 Freeway. Nature Discovery Trail, Heritage Regional Park, and several Parks within 4 Miles.

$440,000

ENJOY COUNTY STYLE LIVING in THIS SINGLE STORY, 3 BEDROOM, 2 BATH, 3 CAR GARAGE TASTEFULLY REMODLED HOME in NEIGHBORLY EQUESTRIAN COMMUNITY near OLD VEGAS TRAIL HENDERSON. High Grade Granite Counters in Kitchen w/ Stainless Steel Appliances, Breakfast Bar, Island, Dining Nook with Bay Windows. Gas Fireplace Off Kitchen in Dining Room. Luxury Vinyl Plank Flooring Throughout. Double Gate on Side of House for RV/Boat/Toy Parking or Storage. NEW ROOF 2021. Newer Interior Cutom Paint. Oversized Master Suite Feat. Walk-in Closet w/ Mirrored Doors. Master Bath w/ Double Sinks, Soaking Tub, Walk-in Shower. Vaulted Ceiling through Open Living Room. EZ Maintenance Backyard w/ Covered Patio, space for a Pool. Newer Whirlpool H2O Softener. Updated Fixtures. Garage incl. Overhead Storage. Front Loading Washer/Dryer, Laundry w/ Sink & Cabinets. No HOA. Just Miles from Regional Heritage Park. 7 Miles away from Historic Boulder City, Lake Mead Recreation Area, Nature Discovery Trail.

$450,000

BEAUTIFUL 2 BEDROOM, 2 BATH, 2 CAR GARAGE SINGLE STORY IN EXCLUSIVE, AWARD WINNING MASTER PLANNED SUN CITY ANTHEM COMMUNITY for the ACTIVE 55+ ADULT LIFESTYLE. Kitchen Feat. Granite Counters, Newer Stainless Steel Appliances, Breakfast Bar, Opens to Living Room. Extended Covered Patio in EZ Maintenance Backyard w/ Rolling Sun Shade, Mature Date Palm & Shade Trees. Master Suite incl. Walk-in Closet, Wood Laminate Flooring. Master Bath w/ Double Sink, Walk-in Shower. Courtyard in Front. Outdoor Solar Screens. Krystal Pure Home H2O Softening System. Outdoor Sunscreens on Windows. Newer Rheem H2O Heater (2021). Storage Cabinets + Overhead Storage in garage. Built-in 8×7 sq ft Office. Sun City Anthem offers a variety of amenities, incl. 2 Golf Courses, fitness center, tennis courts, indoor and outdoor pools, Billiards, Bocci, Poker, Ceramics, Sewing Professional Woodworking Shop, Theatre.

$399,000

OUTSTANDING OPPORTUNITY TO OWN IN THE HEART OF GREEN VALLEY. 3 BEDROOM, 3 BATH, 2 CAR GARAGE HOME w/ SERENE BACKYARD. Extended Patio Cover, Mature Shade Trees, 2 Work Sheds, Palm Trees. Kitchen Feat. GE Stainless Steel Appliances, Granite Counters, Dining Nook. Open Living Room incl. Gas Fireplace, Ceiling Fan/Light, Custom Paint. Neighbors know and look out for each other… so hard to find in the valley. Ranked in the Best Schools in Southern Nevada. About 2 Miles to 215 Freeway, 95/515 Highway, Green Valley Ranch Resort, Ethel M Chocolates & Botanical Garden, Sunset Station. About 10-20 Minute drive to Harry Reid International Airport & UNLV.

$329,000

GREAT OPPORTUNITY TO OWN this 5 BEDROOM, 2 FULL BATH HOME w/ RV + BOAT PARKING & 20×10 Woodshop w/ Power. Open Kitchen w/ Island, Breakfast Bar, All Appliances Included. Stainless Steel Fridge 2 years new. Stove 2 years new. New HVAC. Vaulted Ceilings. Huge Master Suite. Master Bath incl. Large Soaking Tub, Walk-in Shower, Double Sink. Ceiling Fans Throughout. Long Covered Patio in Private Yard. No HOA

$505,000

AMAZING DEVELOPMENT OPPORTUNITY ON +/- 2 ACRES SECTION LINE CORNER OF PEBBLE, HALF SECTION LINE GILLESPIE. Current Master Plan Ranch Estate Neighborhood (up to 2 du/ac). Conforming Zoning Districts include R-U, R-A, R-E, and P-F. Great for Boutique Custom Home Development, Church, Equestrian Ranch/Stable, School. Las Vegas Blvd +/- 1 mile. Oak View Group proposed Resort and Sports Arena within 3 miles. Harry Reid International Airport 4 miles.

$260,000

Sale of this property is contingent upon the sale being ordered & confirmed by the Probate Court as required in NRS 148.260.

$235,000

BEAUTIFULLY REMODELED 2 BEDROOM, 2 BATH, 1ST FLOOR CONDO in GATED OWNER OCCUPIED ONLY COMMUNITY. Tasteful Design Feat. Luxury Vinyl Plank Flooring, New Interior Paint, Gas Fireplace w/ Tile Surround, Contemporary Light Fixtures. Kitchen incl. Sleek Quartz Countertops, Shaker Cabinets, New Stainless Steel Stove, Microwave, and Dishwasher. Master Suite w/ Ceiling Fan/Light + Walk-in Closet. New Tile Bath Surrounds & Vanities. Community has 2 Pools, BBQ area, Tennis courts, Clubhouse with Game room and Fitness facilities. FHA and VA loans are acceptable!

$351,500

GREAT DEAL on this 2 BEDROOM, 2 BATH, 2 CAR + GOLF CART GARAGE IN THE EXCLUSIVE, PREMIER AGE RESTRICTED COMMUNITY of SUN CITY SUMMERLIN. Enclosed Patio on Oversized Lot. Master Suite feat. Walk-in Closet + 2nd Closet, Ceiling Fan. Vaulted Ceiling in Living Room. Canary Date Palm trees line this Serenity Inspired Backyard. All Appliances can Stay. Built-in Desk/Cabinets in 2nd Bedroom. COMMUNITY includes 3 GOLF COURSES, 4 INDOOR & OUTDOOR POOLS, FITNESS ROOMS, TENNIS BOCCE BALL & PICKLE BALL COURTS, SOCIAL CLUBS, THEATER in the MASTER PLANNED COMMUNITY OF SUMMERLIN.

$375,000

RARE, WELL-MAINTAINED 3 BEDROOM, 3 BATH, 2 CAR GARAGE HOME UNDER $400K in GREAT GATED SOUTHWEST COMMUNITY. Newer Wood-Laminate Floors throughout Upstairs & Stairs. Tile Downstairs. Oversized Master Suite Feat. Vaulted Ceiling, Ceiling Fan/Light, Sitting/Reading Retreat, Dual Mirrored Closets. Master Bath w/ Double Sinks, Walk-in Shower. Custom Paint. Large Secondary Bedrooms, w/ Fans. Decorated Backyard Feat. Expanded Covered Patio, Planters and Décor may stay. All Appliances incl. in Kitchen. Lots of Storage Cabinets in Garage. Community Pool & Jacuzzi. 3 Miles to the Las Vegas Strip & I-15. 2 Miles to the 215 Beltway.

$89,500

BEST DEVELOPMENT OPPORTUNITY IN THE AREA. HISTORIC WESTSIDE DOUBLE LOT ZONED R-3 with T4N ZONING OVERLAY, which ALLOWS HIGH DENSITY and UP TO 3 STORIES. The HUNDRED PLAN is a community visioning process in the redevelopment of this district (Lasvegasnevada.gov). Utilities close/at property line. Property fronts Owens & Harrison. About 2 Miles from Downtown Las Vegas. ½ Mile to I-15 Freeway.

$350,000

Investment opportunity. 4 Bedroom house in southeast neighborhood.

$550,000

OUTSTANDING OPPORTUNITY FOR 5 ACRES OFF OF BLUE DIAMOND (HWY 160) near RED ROCK CANYON RD (HWY 159). Current Master Plan is Residential Rural / Outlying Neighborhood (Up to .5 du/ac). Power within 200 ft. BLM surrounds. Build Your Ranch Paradise or Invest for Future Development.

$509,000

EXPERIENCE FREEDOM with this AMAZING, HARD TO FIND RANCH STYLE SINGLE STORY 3 BEDROOM, 2 BATH, 2 CAR GARAGE HOME ON OVER 1/3RD ACRE, with 900 Sq Ft Work Shop. Shop incl. Roll Up Door, Swamp Coolers, Fans, 220V 3 Phase Power, Firebox. Lots of Space for RV, Boat, Swimming Pool. Cozy Red Brick-adorned Gas Fireplace in Living Room w/ Surround Sound, Ceiling Fan/Lights. Open Kitchen Feat. Island, Walk-in Pantry, Breakfast Bar. Newer Microwave & Garbage Disposal. Newer HVAC (2018) York 14 SEER. Newer H2O Heater (2022). New Blinds. New Carpet in Bedrooms. Solar Screens. Newer Interior & Exterior (2023). Paint. 4 Post Car Lift 12K Lbs. No HOA. 4 Miles to Craig Ranch Regional Park. About 2 Miles to 95 Freeway.

$430,000

AMAZING, HARD TO FIND DEAL ON THIS RANCH STYLE SINGLE STORY 3 BED, 2 BATH, 2 CAR GARAGE HOME w/ CUSTOM POOL on ALMOST ½ ACRE HORSE FRIENDLY PROPERTY ENTERTAINERS DREAM IN EXCLUSIVE PALOMINO ESTATE COMMUNITY. Tranquil, Rustic Setting w/ RV & BOAT Gate/ Space, Expanded Driveway for All Your Toys! Lots of Opportunity for Horse Paradise of Stables. Fenced Pool on other side of Long Covered Patio. Red Brick Fireplace in Family Room. Open Kitchen Feat. Dining Nook, All Appliances Included. Master Suite Feat. Walk-in Closet, Vaulted Ceilings, Slider to Backyard. Bath w/ Soaking Tub, Walk-in Shower, Double Sinks. Country Feel in the City.

$75,000

BEST DEAL IN THE VALLEY! INCREDIBLE OPPORTUNITY FOR EITHER INVESTMENT OR CREATING YOUR OWN RANCH PARADISE on almost 7 ACRES on this PARCEL, or 12 ACRES on 2 PARCELS, in SCENIC OVERTON/ MOAPA VALLEY. Planned Land Use is Mid-Intensity Suburban Neighborhood up to 8 Units/Acre. Would be ideal for a Mobile Home Park. Manufactured Home development adjacent east/north of parcels. Single Family Rural Estates adjacent on west side. Or, Experience Freedom with Ranch Style Living. Seller will consider Owner Carry. Half mile from Moapa Valley Blvd. 24 Miles to Echo Bay. Parcel #’s 070-12-801-013 & 070-12-402-021.

$179,000

INCREDIBLE OPPORTUNITY FOR EITHER INVESTMENT OR CREATING YOUR OWN RANCH PARADISE on almost 12 ACRES on 2 PARCELS in SCENIC OVERTON/ MOAPA VALLEY. Planned Land Use is Mid-Intensity Suburban Neighborhood up to 8 Units/Acre. Would be ideal for a Mobile Home Park. Possible 30-40 Lots. Manufactured Home development adjacent east/north of parcels. Single Family Rural Estates adjacent on west side. Seller will consider Owner Carry. Half mile from Moapa Valley Blvd. 24 Miles to Echo Bay. Parcel #’s 070-12-801-013 & 070-12-402-021.

$250,000

Sitting on over 1 acre of land, this property boasts 2 Full Master Bedrooms Upstairs, and 2 Bedrooms/Den downstairs complete with Ceiling Fans and Windows. Property has 2 separate large family rooms, one with a fireplace. Spiral Staircase leads you upstairs to both master bedrooms, laminate floorings, closets and balconies. Property is being Sold As-Is and is way under-valued. COMPS around 400k or more with updated remodel. Looking for a quick close. Property has a good Tenant 1691 per month. Good investment with Good Flip potential or can Live in it and update as you go.