https://www.worldpropertyjournal.com/real-estate-news/united-states/las-vegas/real-estate-news-las-vegas-home-prices-coronavirus-impact-on-las-vegas-home-sales-las-vegas-realtors-housing-data-for-2020-12118.php Regardless of the Coronavirus Pandemic, Las Vegas home prices are at an all time high in August. Although, last year during this time many more homes were sold. The median Continue Reading
Home prices continue to increase in Las Vegas
https://vegasinc.lasvegassun.com/business/real-estate/2020/aug/06/amid-pandemic-gloom-las-vegas-housing-market-fire/ The median prices of homes in Las Vegas are up 9%. The increase occurred from July 2019 to this year's June. The median is $330,000. The main reason it's up so high is because more expensive homes have been being bought. Continue Reading
Shopping for Condos in the Pandemic
https://www.worldpropertyjournal.com/real-estate-news/united-states/seattle/real-estate-news-june-2020-median-condo-prices-redfin-housing-reports-median-home-prices-in-june-taylor-marr-coronavirus-impact-on-condo-sales-12058.php In the US, condo sales prices have lowered to a median price of $252,000. Before the pandemic struck, the median was up almost 9.7%, but Continue Reading
Low Interest Rates
https://www.worldpropertyjournal.com/real-estate-news/united-states/washington-dc-real-estate-news/real-estate-news-freddie-mac-july-2020-primary-mortgage-market-survey-lowest-mortgage-rate-in-history-sam-khater-12024.php Mortgage rates in the US have dropped to another low in July. They averaged at 3.03 percent. Last time the rates were that low was in 1971. The covid cases may Continue Reading
How Covid-19 has Affected the Housing Market
Since the stay at home orders, many California and luxury home buyers have been looking into more expensive areas in Las Vegas. The housing market is already showing signs of recovery. Model homes are busy with tours. Homes over the budget of 1 million are being frequently bought. Builders believe that the lock down orders made buyers want more space and bigger Continue Reading
Las Vegas Pandemic Real Estate Market
https://www.reviewjournal.com/business/housing/las-vegas-homebuilder-sees-material-slowdown-in-sales-2013176/ Since the coronavirus pandemic has struck, the economy has shut down. As an effect the homebuilders here in Las Vegas have seen slowing rates. For example, they saw a material slowdown. Because the government has ordered everyone to stay at home, people are still buying houses but the Continue Reading
Las Vegas Coronavirus Effect
https://knpr.org/knpr/2020-03/how-will-las-vegas-real-estate-survive-covid-19 Hopefully, this coronavirus damage will not have the same effect as in 2008. Las Vegas has had multiple events canceled which is hurting the economy. The demand for homes from buyers has lowered and so have mortgage rates. The low mortgage rates will not affect someone if they have the money needed to pay. Continue Reading
Low Foreclosure Rate for Las Vegas
https://www.reviewjournal.com/business/housing/las-vegas-foreclosure-rate-keeps-falling-1937543/ Las Vegas has always had an above average foreclosure rate. It has recently fallen to its lowest point. Almost 50% of the homes in Las Vegas received a foreclosure. Foreclosures can help but also hurt buyers. Continue Reading
Las Vegas Housing Market is Predicted to be Very Strong
https://vegasinc.lasvegassun.com/business/real-estate/2019/dec/12/new-report-predicts-strong-las-vegas-housing-marke/ It is predicted that in the next couple of years the housing market will be above average. The market should grow an incredible amount. The sales price of homes is also expected to go up but at a slow rate. The median home price is about 4% such as October to November in 2018 Continue Reading
New decade housing trend smaller homes
https://www.worldpropertyjournal.com/real-estate-news/united-states/seattle/real-estate-news-millennial-home-buyer-report-for-2020-zillow-housing-data-top-real-estate-trends-for-2020-shrinking-homes-trend-skylar-olsen-11716.php It is predicted that the housing market will be stabilizing in 2020. Also, that the new homes being built will have less square feet to fit the buyers. The new Continue Reading
