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 And we closed 621 homes and 159 were withdrawn.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
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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 -04/02/2020
First is that your tax return are not due on April 15th, 2020, your tax return will now be July 15th 2020 and if you do not have it done by July you can put an extension until October 15th, 2020. To go along with that if you are required to make the estimated tax payments this will be a little confusing, your first estimated tax payment is due July 15th and your second estimated tax 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went up by 47 from the prior week and we have closed 369 homes and our closing are down by 41, and 130 homes have been withdrawn from the market that is down from last week.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 -04/18/2020
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 -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
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 -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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