Everyone is different so I can’t say for sure if now is a good time for you, but here are the factors you should consider: -Interest Rates – While interest rates are an important factor in your payment, we think they are overemphasized as sometime in the future you should Continue Reading
Please note that this is is only for Single Family homes in Las Vegas and technically for May data but we are reporting it in June. Currently there are 3893 available homes and 2226 homes have closed in the last 30 days. The absorption rate is roughly 1.75 months Continue Reading
We are giving out this update in January, 2023, but this is the market update for Las Vegas Real Estate for December 2022. Average days on market is at about 40 days and Harvey and John compare stats from this time last year in 2021. SUBSCRIBE to our Continue Reading
A few weeks ago, our in house lender and I were chatting about the market and he asked me, "Do you have 20% equity in your house"? "If you do, you might be able to do a refinance and move your loan to conventional". It never crossed my mind that we might have equity in our Continue Reading
APPRAISALS ARE COMING IN AGAIN You may remember my rant some time a go about appraisals hindering the ability of regular home owners to purchase a home. Well, don't let it be said that I don't give credit where credit is due. We are seeing appraisers do their job properly Continue Reading
MAKE YOUR HOME FOR SALE AVAILABLE TO EVERYONE As a busy agent here in Las Vegas, I have seen a disturbing trend. Homes are being sold before they get to MLS and often by a buyer being represented by the listing agent. I have represented both parties in a transaction before Continue Reading
