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Robyn Yates
184 followers -
Extraordinary Real a Estate Professionals serving Extraordinary clients.
Extraordinary Real a Estate Professionals serving Extraordinary clients.

184 followers
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Rentals in High Demand and Inventory Low



There is a thirty-day supply of rentals in the Las Vegas Valley, down dramatically from spring of 2017 where there was a ninety-day supply. Why are rentals in high demand and inventory so low? There are several factors affecting this market; one factor is the low inventory of affordable properties available for sale, making it difficult for buyers to find a home.



Buyers making offers and losing out on properties to higher bidders or cash buyers are getting frustrated and putting buying “on hold.” These frustrated buyers are renting apartments, condo’s, townhomes and single-family homes in lieu of purchasing. They may be back in the market but not until the market dynamics change.



Millennials, the 26 to 34-year olds, for the most part do not want the responsibility of home ownership, and they prefer to spend their money on experiences, not a mortgage payment. Many in this age group are also carrying large amounts of student debt, which is impacting their ability to save a down payment or afford the monthly payment.



Vacancy rates have dropped dramatically over the past few years; from 9.48% in 2015 to 3.1% in 2018. This demand has also pushed up overall rental rates.



This is good news for landlords, apartment owners, and Real Estate Investors.



Windermere Prestige Properties has many Rental Homes available; long term and short term. To find out about these offerings go to: www.finvegashomes.com or www.lakelasvegasvacation.com
Vacation Rentals on Lake Las Vegas
Vacation Rentals on Lake Las Vegas
lakelasvegasvacation.com
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Market Reviews
Market Reviews
robynyates.com
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2017 Las Vegas Real Estate Update - Part 1 Exciting positive news for the Las Vegas community. The percentage of underwater homeowners has dropped from 19% in 2016 to 10% in 2017. More homeowners now have options. These homeowners can now re-finance, sell and move up or move down to a smaller home or relocate.
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Really honored to be interviewed by Shane Nguyen. Fun answering his questions about advise for newer Real Estate agents.
Shane Nguyen
Shane Nguyen
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Enjoy this gorgeous view of the Lake!
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Six easy steps to start your home buying process.
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Robyn Yates - Just ask your questions about your Real Estate Transaction. How to prepare your home for a showing.
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Join us Tuesday 8/16 and Tuesday 8/23 9:30 a.m. to 10:30 a.m. Windermere Prestige Properties
1401 North Green Valley Parkway, Suite 200
Henderson, NV 89074
(702) 432-4600
Subject - Create Content, Optimize and boost through Social Media.
Professional Facebook Page
Professional Facebook Page
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Join us Tuesday for a presentation on RPR (Realtor's Property Resource). If you don't like Matrix you will definately like this!
RPR Tuesday - 9:30 a.m.
RPR Tuesday - 9:30 a.m.
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