Southwestern Management And Realty Team

3 Trends That Help Us Keep Tabs on the Las Vegas Housing Market

You’ve heard the saying that “Knowledge is power” — but here at SMART, we firmly believe that knowledge empowers.

Knowledge empowers people to achieve amazing results — especially when it comes to knowing the Las Vegas housing market. The more you know about the market can have a direct, and positive, impact on your return on investment.

Here are three important trends we study in order to keep tabs on the Las Vegas rental housing market. Understanding these fluctuating trends helps us help you, our clients.

Trend #1: Consumer Spending

Consumer spending is the money spent by individual households on items that are considered durable goods and services. While consumer spending typically includes food and clothing, it is the high-end spending on items like cars, appliances, and electronics that economists track in order to get a bigger picture of the actual state of the economy.

When there is more spending on these things, it indicates to you, the investor, that your property value is increasing.

Trend #2: Property Values

While consumer spending trends are a broader indicator of economic health, local property value trends are a more specific means of understanding what is happening in your neighborhood.

Have property values around your rental home risen or fallen in the past year? Is there an area in your locality that is seeing a spike in investment or development? Or, is there an area near you in decline as a result of issues like higher crime or urban flight?

Knowing these trends is another essential factor for you as an owner in stewarding your rental home.

Trend #3: Mortgage Rates

Mortgage rates are one of the key factors that will determine your success as a real estate investor. A savings of even .25% on a mortgage will mean money in the bank for you.

Since rates fluctuate daily (and sometimes minute-by-minute), it pays to follow the trends weekly and monthly. We also keep an eye on the news. When banking and lending institutions forecast their rate stability over time, they will be considering the effect of tariffs and trade negotiations, the balance of international payments and currency fluctuations, foreign conflicts, immigration trends, and more.

We’re on Top of the Trends

At SMART, we stay informed with all factors relating to the Las Vegas housing market. It’s our goal to give our clients a well-rounded, complete package of superior service and outstanding dedication.

If you’re looking for a great management company that knows the big picture while giving attention to the details, we can help manage your rental home.

Be wise, and make a SMART choice.

Give us a call!

las vegas property management

SMART Rental Qualifications

The following are Southwestern Management And Realty Team’s (SMART) guidelines for renting a property through SMART. Each and every application will be reviewed by a member of SMART and could be adjusted depending on credit/income and the application itself. Please be truthful!

Rental Qualifications

  • Applicant MUST be 18 years or older and application fee is $65.00 per person and is non-refundable.


  • Minimum score of 650
  • No EVICTIONS in the past 5 years
  • No utility collections (gas, power, water)

Income Verification

  • Income MUST be 3 times the monthly rent for good credit 650+ and 4 times if applicant has poor credit but good income.
  • MUST be verifiable
  • MUST be with current employer for at least 6 months.
    **If self-employed—CPA financial statements and/or tax returns are acceptable.

Employment History

(you could be required to show proof if requested, paycheck stubs, etc.)

  • Verifiable employment history for the past 3 years
    **If self-employed/retired/not employed—can verify income with signed tax returns and/or bank statements.

Rental History Verification

  • Verify for the past 3 years
  • Must provide: Landlord Names, and phone number, email (if available) on the online application.

Criminal Background Check

SMART does check—Criminal, Sex Offender and Terrorist database

  • NO sex offenders
  • NO crimes—violent crimes, prostitution, domestic violence, possession of weapons or illegal drugs


MUST be 30 pounds & under & absolutely no violent breeds—ask SMART for the Pet Policy

  • 2 pets max
  • NO ferrets or snakes
  • NO Dangerous, poisonous or illegal pets
  • NO aquariums larger than 10 gallons

Emotional Support pets are NOT considered a Service Animal and not under ADA laws.