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 so this is how ling is is taking to sell your home. The average sales price is $562,000 while the median sales price is Continue Reading
Las Vegas homes
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 And we closed 621 homes and 159 were withdrawn.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
Weekly updates on Southern Nevada Housing Market -09/10/2020
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
Weekly updates on Southern Nevada Housing Market -08/20/2020
We have been tracking single family homes every week since March 2020. Now we are going to share with you, now this week we have currently available 5,241 homes on the market, that is up 15 from last week. In escrow the past seven days we put 883 homes in escrow, we closed 625 single family homes. 171 homes were withdrawn from the market, but that number has not really changed this whole time Continue Reading
Renting vs Buying
One of the main reasons to buy in Las Vegas right now (August 2020) is because the cost of buying is so good right now. Interest rates are at an all time low. Harvey explains in this video about this article he read from Fidelity that reviews this formula; if you take your annual rent, divide it by the price of a home purchase, if that number is less than 20, then you should buy. If the number is Continue Reading
Weekly updates on Southern Nevada Housing Market -07/30/2020
The number of single-family homes on the market consistently continues to go down over the last 2 months. Homes in escrow have increased from 876 last week to 841 this week. The number of sold has increased by 50 from last week. The Median Sold price per SqFt did not change much from last week. Median Days on Market keeps creeping up. That means there is a lot of homes that have been overpriced Continue Reading
Amazing Reviews Received for Blankfeld Group!
AMAZING REVIEWS RECEIVED FOR BROWN BLANKFELD GROUP! We've said it before and we'll say it again. We LOVE to hear from our clients and colleagues. This week, we got two stellar reviews for our experienced agents, Teri Maloney and Cynthia Ward. Teri's clients were highly satisfied with her service. They said: "Teri is a tremendous asset to her company. Teri is extremely knowledgeable Continue Reading
Home Improvement and Home Value: The Best Projects
HOME IMPROVEMENT AND HOME VALUE: THE BEST PROJECTS Thinking about selling your home? If not right now, maybe you're thinking about the future. Either way, you're probably thinking about the many ways you could raise your home's value, right? There are plenty of home improvement projects you can start that will boost your homes value. Beware, however. There are some improvements that don't have Continue Reading
Yard Maintenance Know-Hows: Have A “Fall Back” Plan to Spring Ahead Next Season
YARD MAINTENANCE KNOW-HOWS: HAVE A "FALL BACK" PLAN TO SPRING AHEAD NEXT SEASON Previously, we told you how to put some spring in your garden's step. We also told you about the best plants to grow in our valley. Now that fall is here and winter is quickly approaching, you're probably thinking it's about time to call it quits with the yard work. However, it's time to start preparing your yard to Continue Reading
LV Real Estate Radio Has New Knockout Show Coming at 11 AM!
LV REAL ESTATE RADIO HAS A NEW KNOCKOUT SHOW COMING AT 11 AM! Harvey and his contributors are bringing you a new knockout LV Real Estate Radio show TODAY at 11 AM on AM720 KDWN! In the blue corner, we have Berkshire Hathaway HomeServices general counsel Darren Welsh. In the red corner, we're joined by Alexandria Pritchard and Devon Zubka, both from the Las Vegas Young Artists Continue Reading
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