selling

May 15, 2022

Foreclosure Numbers Are Up, What Does it Mean?

 

Two people talking on a home porch with coffee

While you may have seen recent stories about the volume of foreclosures recently, context is important. Nationwide one in every 4,580 housing units had a foreclosure filing in April 2022.

States with the highest foreclosure rates were Illinois (One in every 2,241 housing units with a foreclosure ...

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May 14, 2022

Should You Update Your House Before Selling?

 

Should You Update Your House Before Selling? Ask a Real Estate Professional. [INFOGRAPHIC] | MyKCM

Some Highlights

  • If you’re deciding whether you should make updates before you sell your house, lean on your trusted real estate advisor to be your guide.
  • In today’s sellers’ market, buyers have limited options and may be more willing to take on repairs themselves.
  • If you’re thinking about selling ...
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May 7, 2022

Is More Inventory On the Way in Las Vegas?

house in a shopping Cart & Alarm Clock

Are more homes coming to the market in 2022? Is the Real Estate Shift happening now?

More homes go up for sale sometime between July and September in the normal years or a healthy real estate market. While recent years have been anything but normal, rather "the new normal", 2022 ...

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May 6, 2022

2022 Housing Market Forecast

 

National Housing Market Stats - Infographic

 

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 ...
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May 3, 2022

What You Need To Know if You’re Thinking About Building a Home

 

Picture of a Framed Home looking Up from the floor.

If you’re ready to move up, you may be trying to decide whether you want to buy a home that's already on the market or build a new one. And since the supply of homes available for sale today is low, you’re willing to consider either avenue. While ...

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April 1, 2022

Where will Mortgage Rates Go From Here?

What’s Happening with Mortgage Rates, and Where Will They 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 ...

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Jan. 18, 2022

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

 

Two women at a window sharing coffee laughing

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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Nov. 18, 2021

Las Vegas Home Seller's Guide: Get the Most Money

Selling Your Las Vegas Home

 

Selling your Las Vegas home at the right price with the help of the right real estate professionals can be a major payoff since the market has been booming in recent years. Las Vegas attracts people who love the desert and entertainment, which makes selling more enjoyable.

Here's ...

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Oct. 21, 2021

How Professional Appraisers Determine Your Home's Value

 

 

Once you find the home of your dreams and you've agreed with the seller on a price, it's advantageous to pay for a home appraisal. Getting your home appraised is one way of making sure you're getting a fair market price based on multiple home ...

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Posted in selling
May 17, 2021

MAY MARKET MINUTE


LAS VEGAS MEDIAN SALES PRICE APRIL 2021

$375,000 SINGLE FAMILY HOME

$202,000 CONDO/TOWNHOME

SUPPLY AND DEMAND: 2 WEEKS OF INVENTORY


 


 


 

Homebuilder Confidence Remains High Despite Rising Costs


Robert Dietz, NAHB’s chief economist said “Homebuyers should expect rising prices throughout 2021 as the cost ...
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