Summerlin Las Vegas Nevada Regains Nationwide Popularity
Las Vegas, NV (PRWEB) September 26, 2011
Las Vegas real estate has been getting alot of attention from investors as CNNMoney, MarketWatch and Inman News have all mentioned Vegas as one of the best buyers markets. The most recent data from Trulia research and confirmed by LasvegasRealEstate.org shows the price to rent ratio of Las Vegas homes number one and has both home buyers and investors excited about owning a peice of Vegas. According to local real estate agent Ashley McCormick, Summerlin may be the popular community in America.
Summerlin, Las Vegas, Nevada is a recognized affluent master-planned community that has a long list of national and local awards to its credit to include Best Master-Planned Community. Summerlin is currently home to more than 150 parks, 100 miles of the Trail Systems, nine golf courses including two Tournament Players Club courses, TPC at Summerlin and TPC Las Vegas, Active adult community Sun City Summerlin, the most luxurious of Las Vegas high rises - One Queensridge Place, medical facilities, business parks and 26 public and private schools.
Las Vegas real estate agent Ashley McCormick of Realty One, Nevada's number one real estate company, says the best amenity in Summerlin right now is the price of Summerlin homes and condos. Homes for sale in Summerlin are at an all time low starting at just $100,000 and condos for just $50,000. Investors looking at filling a property appreciate the popularity of Summerlin rentals to local workers as the average days to rent out is under 30 days.
The Greater Las Vegas Association of Realtors(GLVAR) August 2011 report shows the second-best month ever for overall existing-home sales, just nine sales short of the June 2009 record. The report also shows that Single-family properties sold for a median of $120,000, prices peaked at $290,000 in fall 2006. While areas such as the Lake Las Vegas real estate trends may still be considered uncertian, Summerlin has shown the most consistent signs of stabiltiy.
McCormick who has worked and lived in Summerlin for almost a decade notes that the new Tivoli that offers fine dining and high end shoppinig along with the opening of the Diamond LifeTime fitness center demonstrates Summerlins tenacity in this economy. McCormick is available to answer questions and concerns about Summerlin real estate at 1-702-523-0916. The current Las Vegas real estate market has over 20,000+ homes and condos listed on the GLVAR MLS and can be viewed on http://www.LasVegasRealEstate.org.