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Donohue Team

Las Vegas Real Estate

Homes, Condos and Land

"The harder we work -
the luckier we get"

 

 702 494 9105

Fax 702 395 0697

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Sun City Summerlin

Summerlin

Doreen and Jim

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Thinking about buying Las Vegas Real Estate? This site has an online search of the MLS data base for all the listings in the Las Vegas area. That includes the outlying areas...Henderson, North Las Vegas, Boulder City, Pahrump and the Moapa Valley. We also have links to all the new builders in places like Mountain Edge, Summerlin, Aliante, Provencal, Centennial and more...In general these sites include floorplans and pictures. We cover the high rises and condos, luxury homes and those small and cozy.

While we deal with the whole Las Vegas Valley our specialty is the northwest portion. This ranges from homes and condos in the Northern part of Summerlin through the large lots and ranches of the northwest to the new Cetennial Town and Centennial Hills communities. We understand the advantages of the age restricted communities of Sun City Summerlin and Siena. -- Doreen is qualified as a Senior Real Estate Specialist (SRES) a qualification for dealing with senior housing and age restricted communities.

We have strong contacts in the mortgage business and can help you obtain low interest rates whatever your financial status.
We provide data on the schools and links to enable you to explore particular needs on your own.

Want to sell Las Vegas Real Estate? We do the most insightful market analyis for our clients that can be obtained. Our analysis is custom to the need of the client and the specifics of the home. No copy cutter program. We look at the market and give you the best look available to your specifics. We can deal with the half acre and full acre properties of northwest Las Vegas or the villas of Sun City Summerlin. We know how to deal with wells and septic systems and with the age restrictions of Sun City.

Our marketing program includes deep exposure on the internet. We maintain multiple sites providing maximun exposure for your property as well as listing it on Prudential and Realtor.com sites. Each Donohue Team listing has its own website. You can access them from our Listings page. And we keep you regularly informed of what is happening.

What is the Las Vegas Real Estate market like Today?

Stable and slow is the best description. The pricing has now been stable for 18 months. Resale volumes are at a five year low and resale inventories are high and climpbing slowly. There are markets such as Sun City Summerlin which are basically unchanged from last year...but others show large volume decreases. Many are describing it as a Buyers Market...but that is a stretch as price has changed very little.

The new home market has done a little better but involves rather heavy incentives to buyers and agents. There are some incentives that are being disclosed only to the agent community so it may well pay to be represented with the new home builders. Some new build segments are holding reasonably well but others are clearly troubled. The high end of the tract homes has standing inventory in most places .

Land has risen rapidly over the last years but also appears to have topped in 2005. At that point a residential acre was going for around $500,000. The most recent land auction by the BLM (Bureau of Land Management) was a bit of a bust with only a small portion of the land offered being sold.

High rise condominiums are the latest thing in Las Vegas. Most are located on or near the strip. It has become clear that only some of these will reach reality. But many are there...The four building of Turnberry Place are clearly a large success. Others are coming. Other Turnberry developments and the mid rise Boca Raton are underway. A view of the proposals can be found at this page. Off strip properties are also well along with the luxurious One Queensbury Place having topped out. But the as fabulous Spanish View to the southwest appears in financial trouble with only the first three floors completed.

Some selected high rises include...Cosmopolitan Resort and Casino, Trump Towers, W Hotel, Allure, Streamline Towers, Boca Raton, One Queensridge.