We have seen the loan business / mortgage business it is crazy busy right now and doing a ton of refinance, there is so much business all the way around. John read a headline from CNDC on their website that mortgage lenders are making the most money and being super business and it is true according to John. As soon as we reopened (Las Vegas) and how interest rates fell too, it led to a fire under Continue Reading
home sellers
Weekly updates on Southern Nevada Housing Market -09/03/2020
Inventory today would reflect that it is a sellers’ market, prices are going up but not drastically. And while the median prices are going up that is mainly a function of the product mix. In other words, there is a lot of more expensive homes that are selling right now than homes that are at the bottom of the ladder. Considering that it is a challenge for buyers right now, but buyers are still Continue Reading
Weekly updates on Southern Nevada Housing Market -06/25/2020
Let’s talk about what will be happen in the next couple of weeks or months in terms of mortgages as people are coming out of this pandemic. We think it is important for our consumers what would be doable and what would not. If you were furloughed and unable to go to work and do your job, whether you were paid or not or unemployment those things are not relevant. You are giving the title of being Continue Reading
Weekly updates on Southern Nevada Housing Market -06/18/2020
Currently available we have 5,771 single family homes and last week we had 6,056 we went down by 285 homes. We put 941 homes in escrow in the past seven days, we closed 497 in the last seven days. There are 188 homes withdrawn from the MLS and that is a fairly number to have for withdraws. The median days on the market are 39 days and have been the same as the last week. Stay tuned to Continue Reading
Weekly updates on Southern Nevada Housing Market -06/11/2020
Here are the stats for last week and this is just single-family residence, currently available we have 6,056 and the week before that we had 6,241 that has come down a bit. In the last seven days we put 821 in escrow and it went up from the prior week by 81. The number of closed went down a bit last week we close 416 homes and the for the withdrawn there was 190 this category fluctuates Continue Reading
Weekly updates on Southern Nevada Housing Market -05/14/2020
Here are a couple of things to take into concertation that has become reality, there has been some conversations about the negative consequences about forbearance. Strictly in the law states banks are not allowed to report you late if you have ask or obtain a forbearance on your mortgage and delay those payments is true. But what is getting hid underneath the surface is that they are Continue Reading
Weekly updates on Southern Nevada Housing Market -04/30/2020
Let’s talk about the market conditions for week, now this is only single family homes and we currently have 6,360 homes available we are going based off of past seven days 505 went into escrow that went up by 47 from the prior week and we have closed 369 homes and our closing are down by 41, and 130 homes have been withdrawn from the market that is down from last week. The median sold Continue Reading
Weekly updates on Southern Nevada Housing Market -04/09/2020
Let’s talk about mortgages, Harvey’s clients are calling him asking questions on what is going on with rates? Right now, we are at a good place with interest rates they are very attractive, and we are at a very low level and far lower than what we were a year ago in interest rates. It is interesting on what the federal reserve is doing they are really supporting the bond market for Continue Reading
LAS VEGAS HOUSING MARKET -November 2019
Two more months and the year is over! See the difference stats between this year November and 2018 November! Check out Las Vegas Real Estate Housing Market 2019 – November. Call Harvey with any questions and for all of your Real Estate needs: 702-203-1165. Subscribe to our channel thanks for watching! Continue Reading
LAS VEGAS HOUSING MARKET -September 2019
Fall is here! See the difference stats between this years September and 2018 September! Check out Las Vegas Real Estate Housing Market 2019 – September. Call Harvey with any questions and for all of your Real Estate needs: 702-203-1165. Subscribe to our channel thanks for watching! Continue Reading
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