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Real Estate Agent - Keller Williams Realty The Marketplace - NV License # 56750
News, statistics, and observations about the residential real estate market in Las Vegas and Henderson, and my experiences and thoughts about being a REALTOR®.



In today's Las Vegas real estate market, there are over 1,100 million-dollar homes listed for sale. Buyers can find anything from a 2-bedroom, 1000 square foot home built in 1973 on 1.72 acres (a clear redevelopment play) to a 6-bedroom, 11,381 square foot home on nearly ten acres in Wayne Newton...
In today's Las Vegas real estate market, a common lament is that we have so much inventory because investors are trying to sell homes that were purchased during the frenzy of 2004. After a couple of years of rental income, and now in the middle of a market correction, investors are trying to lock...
Summerlin Centre Community Park will be the place to be this weekend, September 29 and 30, for the 15th Annual Summerlin Art Festival. Art lovers of all ages will be able to enjoy some terrific southern Nevada weather, see a wide variety of talented artists, grab a bite to eat in the food court, ...
Classic car enthusiasts of all ages had a chance to share their passion this past weekend at the Super Run in downtown Henderson, NV. From a '32 Roadster to a pink Cadillac to the muscle cars of the 60's and 70's, all of them were gleaming in the sun on a beautiful southern Nevada weekend.Jan and...
In Part 2 of this series, we looked at the Las Vegas foreclosure market and found that over 80% were priced under $400,000. (The median sale price for a single-family home in August was $296,338.) Today we will look at short sales in Las Vegas to see which price ranges have the greatest activity....
News on the Las Vegas real estate market continues to be ominous regarding foreclosures. In mid August, RealtyTrac reported that the foreclosure rate in Las Vegas was the third highest in the nation. This week their research took a statewide approach and it was just as dire. According to a Septem...
Nearly 180,000 passengers use public transportation in Las Vegas each weekday. Overseen by the Regional Transportation Commission (RTC), the system is made up of 51 routes covered by 365 vehicles. There are three options available:Citizen's Area Transit (CAT) - Started in 1992, this is the main s...
Avast ye bloggin' mateys! Today is International Talk Like A Pirate Day. Started in 1995 by Oregon residents John "Ol' Chumbucket" Baur and Mark "Cap'n Slappy" Summers, TLAPD gained worldwide attention after columnist Dave Barry mentioned it in a 2002 article.What does this have to do with real e...
A recent local television news story mentioned that Nevada was one of the top four states in the nation for foreclosure activity, along with Arizona, California and Florida. That's a distinction that no state wants to have, and coupled with our big increase in short sale activity, it made me wond...
Most web users are familiar with Google Maps, and the more adventurous know Google Earth. Now Google is working on a third product to help us find our way. Google Transit is a tool to plan trips using public transportation. Currently in development, it's available for seventeen U.S. cities, plus ...

John Novak

Henderson, Las Vegas and Summerlin Real Estate
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News, statistics, and observations about the residential real estate market in southern Nevada, and my experiences and thoughts about being a REALTOR®.

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