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VietnameseMany homeowners have enough equity in their homes today to be able to sell their houses instead of foreclosing. If you’re concerned about being able to make your mortgage payments, you may have more options than you realize, so reach out to your lender to discuss your best next steps. Having a trusted and knowledgeable professional on your side to guide you is essential in this process and might Continue Reading
Las Vegas Real Estate Blog - Page 3
Live, Laugh, Love
Good Food and A Warm Kitchen Makes A House a Home. Continue Reading
Weekly updates on Southern Nevada Housing Market -11/19/2020
Let us start crunching some numbers, here we go! So, for November 19th and again this just single-family homes. Currently on the market we have 4,545 homes and down by 129, inventory keeps shrinking. In escrow the last 7 days we put 829 homes in escrow, and we closed 774 and both of those numbers are up from last week. We saw 166 homes withdrawn its been floating in the mid one hundred for a long Continue Reading
Weekly updates on Southern Nevada Housing Market -11/12/2020
There are no surprises once again inventory continues to decline, and we have seen it go down another 140 homes this week and went down 175 the previous week. We have 4,674 single family homes on the market and that is down significantly from back earlier this year. We put 808 homes in escrow and closed 605 and we saw 160 homes get withdrawn from the market. Median sold price was at $344,876 and Continue Reading
Weekly updates on Southern Nevada Housing Market -11/05/2020
Let’s talk about week 10/22/2020 we had 5,001 homes available on the market and we put 736 homes in escrow. Now we say homes, this chart is only for single family homes. We closed 701 homes and 156 were withdrawn and the median sold price $340,126, median sold price per square feet is $183.37. The inventory continues to shrink and the number of homes in escrow went down a little, but the closing Continue Reading
Weekly updates on Southern Nevada Housing Market -10/15/2020
Let us start with our weekly update and for this week we have 5,094 homes currently available. Now please remember this only single-family homes. It is down by 11 from last week. We still have pretty low inventory still, in the last 7 days we put 865 homes in escrow. And we closed 621 homes and 159 were withdrawn. The median of the sold price is $335,108 it went down a lot from last week, but then Continue Reading
Buy VS Rent
The Net Worth of Homeowners is 40X Greater Than That of Renters. WOW! That Gap Continues to Widen Over Time as Renters See Their Family Wealth Remains Steady While The Net Worth of Homeowners Steadily Rises. With Today’s Strong Affordability in the Housing Market, It’s A Great Time to Invest in Your Family’s Financial Future By Becoming A Homeowner. Continue Reading
Commonly asked real estate questions
First question, what if anything are you doing differently to get homes sold today in COVID, crazy world and is there a new trick or sales tactic that’s working especially well? The short answer is no, but the good answer is in today's market, we have to make sure sellers follow protocols and make sure that we are showing houses in a proper factor but the rest of the things are mostly true methods Continue Reading
Weekly updates on Southern Nevada Housing Market -10/01/2020
This week we have the total of available 5,117 on the market and please remember these are only single-family homes. In escrow we have 889 homes in contract and that is down by a little from the previous week. Also, inventor went down as well in the last week and we have closed 924 homes that went up a lot, that is a nice number to have. 200 homes have been withdrawn that is a pretty big number Continue Reading
Weekly updates on Southern Nevada Housing Market -09/24/2020
Total available we have 5,201 single family homes on the market. We went back down in inventor about 30 homes from the previous week. We put 901 homes in escrow, and we have closed 715 home in the last week. There were 157 homes withdrawn and the market is still vibrant, and it is busy. Seeing the market right now it a bit counter intuitive but we think it is pent up demand. A lot of buyers were Continue Reading
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