{"id":923,"date":"2017-10-31T15:18:21","date_gmt":"2017-10-31T22:18:21","guid":{"rendered":"https:\/\/lasvegaspropertymanager.com\/?p=923"},"modified":"2017-10-31T15:46:32","modified_gmt":"2017-10-31T22:46:32","slug":"property-prices-rise-southern-nevada","status":"publish","type":"post","link":"https:\/\/lasvegaspropertymanager.com\/zh\/property-prices-rise-southern-nevada\/","title":{"rendered":"Property Prices Rise in Southern Nevada"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Over the years, records show that \u00a0home prices in Southern Nevada are rising. Golden Assets &amp; Property Management LLC (GAPM), with its years of experience in real estate and rental properties, is kept abreast of the latest market trends. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In Southern Nevada specifically, a hike in property prices was observed. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">It would seem that Southern Nevada is undergoing a period wherein housing supply is restricted, predictably leading to a price increase in homes and properties for sale. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Below is a breakdown of the figures showing a price hike of home properties in Southern Nevada:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For average single-family homes, prices increased from around $218,000 in July 2015 to $236,000 currently. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other hand, prices of townhouses and condominiums remained at \u00a0the $115,000 mark.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It was further stated in a record in July 2016 that less condominiums and townhouses have been sold in that span of time with only just over 3,400 condominiums and townhouses sold, which is a significant dip from 3,800 sales. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The report further stated a decline in cash purchases in transactions, which took a dip from 27% to 26%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Stabilized cash sales meanwhile showed a decline in comparison with records in February 2013. <\/span><\/p>\n<p><b>In conclusion<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Home prices as well as for any other real estate property has been observed to rise through the years. More and more people are investing in properties, seeing as it is a good investment and a lucrative business if managed well. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This results to a decrease in home supplies. Subsequently, this lack of \u201cbalance\u201d leads to higher pricing. A 6 month supply of homes is what constitutes a \u201cbalanced\u201d market in real estate.<\/span><i><span style=\"font-weight: 400;\">If you\u2019re an investor who\u2019s looking to invest in properties or looking to buy properties for sale in Las Vegas, Golden Assets and Property Management (GAPM) can readily provide you with information and all that you need to jump-start your business. To know more, check out this<a href=\"http:\/\/about\"> page <\/a>or contact any member of our company at 702-651-8886.<\/span><\/i><\/p>","protected":false},"excerpt":{"rendered":"<p>If you\u2019re planning to invest on a property or to purchase a new house in Southern Nevada, Las Vegas, you should know about the home property price hikes. Read more here. <\/p>","protected":false},"author":1,"featured_media":934,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[23],"tags":[],"class_list":["post-923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-golden-assets-property-management"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Property Prices Rise in Southern Nevada - Golden Assets &amp; 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