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 There are 188 homes withdrawn from the MLS and that is a fairly number to have for withdraws.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
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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 The number of closed went down a bit last week we close 416 homes and the for the withdrawn there was 190 this category fluctuates Continue Reading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 -05/07/2020
Homeowners are wondering on what is going on with home mortgages. Right now, mortgage rates are really good it also depending on how much money you are willing to put down, credit scores and etcetera. Because of the Corona virus situation, the mortgage market with the GFC (government sponsored entities) like Freddy Mac, Ginnie Mae these are the mortgage securities and they buy up loans 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went up by 47 from the prior week and we have closed 369 homes and our closing are down by 41, and 130 homes have been withdrawn from the market that is down from last week.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 -04/23/2020
Now this is only single family homes and this data is from the prior week, we have 6,405 single family homes on the market. That is 70 more from the week before, interestingly we had 458 homes in escrow that is huge jump from last week and went up by 144. We closed 410 homes it went up by 47 homes, the withdrawn are up too there is 154 homes that were withdrawn and went up by 88. Stay Continue Reading
Weekly updates on Southern Nevada Housing Market -04/18/2020
Where did behavior economics come from first, so about 10 years ago economist put up this great model out there and said that the stock market is going to go up because we are having wonderful earnings and the market is going to go down because we have an event like COVID-19 nothing is working because people are not going to work. That explains a lot of the market but that does not Continue Reading
Weekly updates on Southern Nevada Housing Market -03/26/2020
When you look at real estate data on a weekly basis there could be serious anomalies and we don’t want to overreact to any data but I want you to give you guys an idea of what is the market is doing. This is single family homes data and the number of available homes this week we have 5,655, in escrow we have 448 and we sold 567 in the last week, 204 properties that were withdrawn. The Continue Reading
2020 Las Vegas Housing Market
New Year, new start 2020 is here! See the difference stats between this year Januaryand 2019 January! Check out Las Vegas Real Estate Housing Market 2020 – January. 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 -December 2019
This year is finally over and now we are going into 2020! See the difference stats between this year December and 2018 December! Check out Las Vegas Real Estate Housing Market 2019 – December. 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 -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
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