4 plexs in Las Vegas and noticeable higher activity

[Terry Lao]

I have owned 4 plexs in Las Vegas since Mar'13, and regularly check Redfin for closed sales, pending, and active listings. I have noticed considerable higher than normal activity since Jan'17. There have been multiple offers and very close to listing price. The trend was about 15k lower than listing. Now, either off 5k or at listing price. I can only attribute this to rise in interest rates, spring heavy season coming around, and the hype and probability of the Las Vegas Raiders becoming reality. 

I would like to hear Las Vegas local opinions.

Terry