Sun City Summerlin is a somewhat differentiated neighborhood so good news there may be pretty local. So lets take a look at the remainder of 89134. That is basically the original Summerlin operation with the other segments coming later. Our chart covers just over 1850 sales since 2003.



We get a very similar picture to Sun City. Starts lower, peaks a little higher and later but shows some stability of the...

Here is a plot of the last five years activity in Sun City Summerlin. This tract has about 5500 homes of which 1600 have changed hands in the recent period.



The little bit of light is that we actually have stability and perhaps a small uptick over the past four months.

Note that Sun City Summerlin would be the first place to trend upward. It appeals to a relatively well monied retired...

Poster claiming to be doing footwork for a Professor is looking for the impact of the foreclosure disaster in a Las Vegas suburb...and I thought it an interesting question. So hear is a view of what has happened there...

The first chart is in fact the last sale for each home in Mountain's Edge as of the data available in the County Records as of March 15, 2009. It is probably timely to somewhere in the second half of February 2009. There is a few week delay between the time a...

There is a term in engineering known as positive feedback. It is what causes the ugly whine that you sometimes get when setting up an audio system...a mike hears its own speaker and amplifies the noise it hears which increases the output from the speakers, which increases the input to the microphone which increases the output of the speakers...well you get the idea.

We appear to have gotten into such a situation in Las Vegas Real Estate.

The lenders sell homes...

Let us try a different example.

There is much lamentation of the Las Vegas RE market. And it is bad on the seller side. But let us look at a zip code that represents the more normal sort of Las Vegas neighborhood. 89134 is the oldest section of Summerlin. It has a total of 10,321 single family homes. It was pretty much built out around 2004 so it is relatively new...everything built since 1988 but little after 2004. Around half are senior housing.

It is highly...