Summerlin Las Vegas Real Estate and Market Statistics Update April 2015
There are lots of new home developments under construction in the Summerlin area. Dave Radcliffe and his team have been selling homes off the West end near Gorman High School area (Russell and Hualapai) and at the West end of Alta, there are at least 8 new home builders constructing new homes with pretty incredible views in the area.
Downtown Summerlin continues to open new stores, and new restaurants. Lazy Dog Restaurant just opened the Farmers Market is open for business on Saturdays and , Gelato Messina, and Ribs & Burgers, and CREAM (Cookies Rule Everything Around Me) are all part of the latest growth. Californian pizza kitchen introduced happy hour, and Andiron Steak & Sea celebrated their opening with a ribbon cutting
1,000 homes went into contract in one week (just 3 weeks ago) it’s a huge increase over the usual sales for the area. Spring is here in Las Vegas, the temperatures are heating up and the market is moving quickly.
Active/Available Homes in Summerlin: 574 active Single Family Residence homes for sale, 281 contingent/pending, and 135 homes sold in last 30 days.
Don’t make a mistake and miss out! Cut your cost of home ownership, Interest rates are at an all-time low it’s a great time purchase, sale and purchase or refinance. Last week we had a 15 year loan close under 3%! Interest rates are at historic rates, with inflation, it’s like “Free Money” If inflation is at 2-2.2 % you are just barely paying over inflation if you can get locked into a 2.75% interest rate. Janet Yellen is expecting the Federal Reserve to increase rates June or July; affordability will decrease as rates go up.
The Radcliffe Group is your Las Vegas, Summerlin, Centennial Hills, and North Las Vegas real estate connection. Ranking consistently as one of the top real estate teams at Keller Williams Realty Southwest Las Vegas, Dave also ranked number 1 in 2014 as the top producing individual out of 172 Realtor- Agents in his office.
As a retired police officer, Dave is passionate about giving back to the service community and dedicates much of his time giving and supporting the Las Vegas Metro Police Department, Firefighters and Military at Nellis Air Force Base. The Radcliffe Group can assist you in your Centennial Hills, Las Vegas PCS or relocation, New Home Construction purchase, Condo and Luxury Home purchase. Specializing in helping Las Vegas and North Las Vegas homeowners sell their home for the highest market value, Dave and his team will help you yield your highest profit. Call 702-379-3401 when it is time to sell your Las Vegas, Summerlin, Centennial Hills or North Las Vegas Home.
Written by Nickel Lowman
For Dave Radcliffe
The Radcliffe Group
Keller Williams Realty Southwest