Our subscribers have just received Volume 231 of our popular Las Vegas Housing Market Letter and the single issue is also available for direct download. HBR President Dennis Smith summarizes New Home Permit numbers and trends and ties them to the expected increase in new communities coming in the 2nd half of 2014. Particularly highlighted are the joint grand opening event in August at Inspirada in Henderson and the new projects coming online in West Summerlin.
As always, a rundown of the previous month's closing numbers and prices are discussed along with a commentary on the "gap" between new and resale home prices. Also included is a breakdown of MLS listing data as of July 1st.
Finishing up this month's issue are commentaries on the local unemployment rate, the continued "recovery" in the valley, and Home Equity Lines of Credit.
The Las Vegas Housing Market Letter continues to be the trusted monthly source for hard numbers and real, straightforward takes on the housing market. Subscribe or download Vol. 231 today!