Are interest rates making our current market stale? That's what the numbers show. The market seems flat. Not enough inventory still, the median sales price is the same, and numbers show that this year has actually been the slowest year in real estate in Las Vegas since 2028. Continue Reading
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 Continue Reading
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 Continue Reading
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 Continue Reading
This week we have 2 clients that purchased homes get appraisal "waivers." Why would this happen? Should I waive my appraisal as the buyer? An appraisal waiver is when the lender reviews the contract, down payment, buyers credit score, and based on the Continue Reading
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 Continue Reading
