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Las Vegas Real Estate Report
> Las Vegas Real Estate Listings
Las Vegas Real Estate Listings
There are some very hot Las Vegas real estate listings in the city with more and more luxury condo buildings going up, but the most popular areas remain in the suburbs. Suburban Las Vegas real estate listings are split into two main sub-markets, east and west of The Strip. New developments are sprawling out in every direction for as much as 20 miles.
The market in Las Vegas is extremely strong and has been for decades. Sales and licenses for new building broke many existing records during 2003. SalesTraq, a real estate sales information resource, reports that the situation in Iraq has not noticeably affected the rapid movement of Las Vegas real estate listings as it has many other U.S. markets.
Many prospective buyers start their searches of Las Vegas real estate listings on the internet, using the MLS database. MLS (Multiple Listings Service) is a central storehouse of information about homes that are currently on the market. Most available Las Vegas real estate listings are posted on the MLS. Since the market for Las Vegas real estate listings moves fast, real estate agents often have additional inside information, and many agents specialize in specific sub-markets.
Some of the hottest sub-markets are in suburban areas a few miles outside of the Las Vegas metropolitan area. The largest of these is Summerlin, in the northwest foothills, which has ranked the fastest-growing, master planned community for ten of the last eleven years. Las Vegas real estate listings for Summerlin property showcase the communities numerous villages.
Henderson is the second largest city in Nevada even though, at only 7 miles from The Strip, it could be also considered the southernmost suburb of Las Vegas. There are Las Vegas real estate listings in the older, more established part of Henderson, but most of its appeal now is due to the many master planned communities that have been developed.
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Retirement communities are springing up all over the valley, and Las Vegas real estate listings in these are very desirable. Las Vegas is quickly becoming one of the most popular places to retire in the country. Las Vegas real estate listings in retirement communities often offer many amenities and luxuries, such as golf course access; these condos also tend to have high appreciation rates.
As more companies are choosing to have or increase their Las Vegas presence, the commercial market for Las Vegas real estate listings is also very strong, spurred by a boom in new developments.
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