https://www.worldpropertyjournal.com/real-estate-news/united-states/las-vegas/real-estate-news-las-vegas-home-prices-may-2021-las-vegas-realtors-2021-housing-reports-covid-19-impact-on-las-vegas-home-prices-aldo-martinez-12561.php In May, the median price of family homes hit a new high of $385,000. The median is up 22.2% since last year. The drastic change is also due from the Continue Reading
Condos in Las Vegas are Becoming Difficult to Find
https://www.reviewjournal.com/business/housing/las-vegas-condo-market-heats-up-2376976/ Due to recent events, the Las Vegas housing market is short of demand. Everything on the market is getting picked up fast. Condos, which are usually not as popular as single family homes, are in command. Condos are being sold at a rapid pace. Continue Reading
Las Vegas House Prices
https://www.reviewjournal.com/business/housing/las-vegas-home-prices-set-record-high-for-5th-straight-month-2177012/ Las Vegas house prices continue to stay at a high for the 5th month. The prices have gone up 0.9% since September. The availability of homes has been going down throughout the year. Before the pandemic, Las Vegas’s median house prices had reached a high for the Continue Reading
August Hit Many Highs for the Las Vegas Housing Market
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
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
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
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
Searching for Houses in Las Vegas is Getting More Difficult
https://www.ktnv.com/news/more-homes-are-for-sale-but-many-are-still-finding-it-difficult-to-buy-in-las-vegas-metro Buyers are having a hard time finding houses in their price range. Inventory in Las Vegas has gone up 2.2% since last year but prices are still rising. Buyers will just have to look harder to find their new house. Continue Reading