Where Does Market Information Come From ?


Market information is available to appraisers and others on metropolitan Las Vegas via a number of sources.  Some Las Vegas real estate market activity is available from the UNLV Center for Business & Economic Research Internet site.  The Nevada Housing Division offers an annual "Apartment Facts" study that provides good detail on the apartment market.


Newspapers (like the Review Journal in the local Las Vegas market) and business journals provide timely information about residential and commercial real estate market activity.  Appraisers generally watch these publications for major economic changes, like upward or downward movement in employment figures or shifts in market activity.  The Las Vegas Perspective is an annual compilation of statistics on the Las Vegas economy published by Applied Analysis in cooperation with a number of other source provides.  It offers details on the residential, commercial and industrial real estate markets.


Real Estate brokerage firms, notably; Colliers International, CB Richard Ellis, Grubb & Ellis and Marcus & Millichap provide information on the Las Vegas market broken down by Office, Retail and Industrial categories.  Applied Analysis also offers subscription (paid) Quarterly reports by property type and sub-market within metropolitan Las Vegas.  Housing market activity is best reported by the Greater Las Vegas Association of Realtors (GLVAR).  Most appraisers are members of the GLVAR and they can track activity via their website.


Presentations are made on the economy and its direction by some brokerage firms and by the University of Nevada Las Vegas UNLV Center for Business & Economic Research (CBER).  


Buyers, sellers, builders, brokers, real estate agents, bank officers and other appraisers (especially those familiar with a specific market segment) also provide valuable market information.    


Contact us with your questions or concerns regarding market information or regarding your specific appraisal assignment in Nevada at 1-702-568-6699.  We can also be e-mailed at grigdon@cox.net



Copyright 2007 Horizon Village Realty & Appraisal

Commercial Real Estate Appraisals in the Las Vegas & Henderson, Nevada Area.