Las Vegas Real Estate Housing Numbers

May 16, 2023

Volcker Hike in 81 & Real Estate Got Done

1980s housing

What can we learn from the past? Volcker Hike in 81 & Real Estate Got Done, but it was no fun.  What does 2023 and beyond hold?

“History Doesn't Repeat Itself, but It Often Rhymes" - Mark Twain

The housing market is currently facing significant challenges, with rising mortgage ...

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April 4, 2023

Las Vegas Real Estate Market Starts to Warm Up, Despite Continued Fed Rate Hikes and Market Uncertainty.

chart, list price and days to sell

Las Vegas Chart 2018 to 2023

As the Las Vegas real estate market continues to see fluctuations, home buyers and sellers are on the edge of their seats, watching the latest stats and trends with anticipation. According to recent data, the market has seen a significant decline since June 2022 ...

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Dec. 13, 2022

Uncertainty in Real Estate - What You Need to Know!

 

Let's talk about the current real estate market and address some of the complexities and challenges that we are currently facing in today's economy. Recession, inflation, high-interest rates, layoffs, and a declining housing market; are words you've become all too familiar with in this 2nd ...

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May 6, 2022

Homebuyers You May Have More Options

May 6, 2022

2022 Housing Market Forecast


Some Highlights

  • In Las Vegas the pandemic affected the way America looks at housing choices.  Las Vegas and other cities greatly benefited from the migration trends, mostly from California migrants.  
  • Las Vegas is in its infancy of becoming a Sports Mecca, and enjoying quite the economic boom as ...
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April 1, 2022

Where will Mortgage Rates Go From Here?

 

15 wood square blocks, 1 with a questions mark.

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual ...

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Feb. 2, 2022

Rents Soar: 18% Year-Over-Year

Lemur with mouth open surprised. For Rent Sign, Rents Sky rocketing

by Valerie Brown, Realtor with Realty Edge in Las Vegas, Nevada.

Over the past 12 months, rent prices spiked by an unprecedented 17.8 percent nationally. If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing  ...

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Jan. 22, 2022

Las Vegas Housing Market Struggles to Keep up with Demand Keep up with Demand

 

Monopoly Man and board, Sorry not for sale
by Valerie M. Brown, Realtor at Realty Edge

The Las Vegas real estate market is struggling to keep up with demand due to a lack of inventory. The shortage in inventory has led to higher prices in homes, and rentals, and led to many bidding wars leaving sellers happy ...

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Jan. 19, 2022

No Wave of Foreclosures in the Housing Market

 


by Valerie M. Brown, Realtor at Realty Edge

When mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments. Some analysts were concerned that once the forbearance program ended, the housing market would experience ...

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Jan. 18, 2022

Sellers: Don’t Wait Until Spring To Make Your Move

 



by Valerie M. Brown, Realtor at Realty Edge

As you plan out your goals for the year, moving up to your dream home may top the list. But, how do you know when to make your move? You want to time it just right so you can get the ...

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