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Las Vegas Investment Group

24 Years Experience First-Time Homebuyers, Move-Up Buyers, Investors

By DAVID COOPER 1.888.616.6226 | Landlord in Las Vegas, NV

Las Vegas Is The #1 Real Estate Price Rise +27.3 Case-Schiller Index Nov 2013. Good Information for Smart Buyers

“November was a good month for home prices,” says David M. Blitzer, Chairman of the Index 
Committee at S&P Dow Jones Indices. “Despite the slight decline, the 10-City and 20-City 
Composites showed their best November performance since 2005. Prices typically weaken as we 
move closer to the winter. Las Vegas, Los Angeles and Phoenix stand out as they have posted 20 or more consecutive monthly gains. 


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    “Beginning June 2012, we saw a steady rise in year-over-year increases. November continued that 
    trend with another strong month although the rate of increase slowed. Looking at the year-over-year 
    returns, the Sun Belt continues to push ahead with Atlanta, Las Vegas, Los Angeles, Miami, Phoenix, San Diego, San Francisco and Tampa taking eight of the top nine spots. Detroit continues to recover but remains the only city with prices below its 2000 level.  READ MOREhttp://www.housingviews.com/wp-content/uploads/2014/01/CSHomePrice_Release_Nov2013-results.pdf

    Metropolitan Area Level Change (%) Change (%) 1-Year Change (%)
    Atlanta 113.37 -0.3% -0.2% 18.5%
    Boston 168.78 0.2% -0.4% 9.8%
    Charlotte 124.83 -0.6% 0.6% 8.7%
    Chicago 125.87 -1.2% -0.5% 11.0%
    Cleveland 106.91 0.3% -0.2% 6.0%
    Dallas 132.58 0.1% -0.1% 9.9%
    Denver 146.45 -0.2% -0.4% 8.9%
    Detroit 94.70 -0.1% 0.9% 17.3%
    Las Vegas 128.00 0.6% 1.2% 27.3%   <-
    Los Angeles 214.79 0.1% 0.9% 21.6%
    Miami 176.02 1.4% 1.1% 16.5%
    Minneapolis 139.05 0.0% 0.5% 10.5%
    New York 172.54 -0.4% 0.0% 6.0%
    Phoenix 144.86 0.3% 0.9% 16.7%
    Portland 159.92 -0.3% 0.2% 12.5%
    San Diego 194.15 0.0% 0.3% 18.7%
    San Francisco 180.19 0.4% -0.2% 23.2%
    Seattle 160.17 -0.1% -0.3% 12.4%
    Tampa 154.70 0.2% 0.1% 15.7%
    Washington 203.71 -0.3% -0.4% 7.8%
    Composite-10 180.15 -0.1% 0.2% 13.8%
    Composite-20 165.80 -0.1% 0.2% 13.7%

 
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