Elaine and James Hansen

Elaine and James Hansen
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Wednesday, June 29, 2016

Las Vegas Home Prices Rising Slower than USA Average

 The LVRJ had an article today,
US home prices climb in April; 7 cities set new records
For many this is good news, for others it's proof of another housing bubble.
 The graph below shows Las Vegas had a bigger boom and deeper crash than the rest of the US.
The 2nd graph shows Las Vegas recovering at a slower pace than the rest of the US.
To us this looks more like a Housing Recovery. 
And, Interest Rates at a 3 Year Low...


Tuesday, June 21, 2016

Nevada - Not the Best Place to Raise Kids, but the worst

As a parent, this is a big concern when raising kids in Nevada.
The LVRJ had an article today with the Headline,
Report bumps Nevada overall education ranking from last to next-to-last
So we are not in Last Place, yeah...

The attached Report from UNLV also rated NV on:
the well-being of American Children measured by
Education, Economic Well-Being, Health and Family and Community
Nevada Ranked #47 Overall
Obviously this is nothing for us to brag about, but still wanted to share it.

Top is Nevada - Bottom is USA
click image for full size
http://kidscount.unlv.edu/2016KC_profiles_NV.pdf

http://kidscount.unlv.edu/2016KC_profiles_NV.pdf

Thursday, June 2, 2016

Population Growth Driving the Housing Market

The Las Vegas Review Journal had these Statistics.
 18,000 population growth in Las Vegas and Henderson from 2015 to 2016.
 Using a low Average Home Occupancy of 3 people,
works out to 6,000 homes to be occupied by this one years growth.
This does not include North Las Vegas or other areas of Clark County.
Another sign of a Strong Housing Market.