Supply Demand

June 9, 2022

Luxury Homes Are in High Demand

 

Luxury 2 storyHome with large yard, pond  in front or pool and huge arch wasy

As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home isn’t only defined by its price. Location is also ...

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June 5, 2022

More Inventory Is Good for Your Move Up

 

Smiling Man staring at phone sitting in front of couch on the floor

Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The number of homes coming onto the market is increasing and that could ...

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June 3, 2022

You Need an Expert To Determine the Price for Your House

Red house made with blocks 2d, and dollar sign in the middle.

 

If your lifestyle has changed recently and you’re ready to make a move, taking advantage of today’s sellers’ market might be just the answer for your summer plans. With homes continuing to come to market, this could be your moment to get the contract you’re looking for on your ...

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April 1, 2022

Navigating Multiple Offers | Las Vegas Real Estate

 

If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate a ...

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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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Dec. 9, 2021

Moving to Henderson, NV? Here's What You Need to Know

Henderson Nevada words in white, over Henderson aerial view

 

On the outskirts of Las Vegas is Nevada's second-largest city, Henderson. It is a suburban area only 16 miles south of  Las Vegas.  Residents of Henderson experience the best of both worlds: a fast-paced entertainment center and a less congested family environment. Here are a few important facts ...

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May 17, 2021

LAS VEGAS HOUSING NUMBERS - MAY 2021


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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May 31, 2020

Home Buying Season May Be Much Hotter Than Expected

Here's Why

Until recently, the prognosis for the housing market wasn't great. With the economy in a free fall, home sellers swiftly took down their "For Sale" signs and many would-be home buyers chose to wait out the coronavirus pandemic. The pause button was pushed on the normally ...

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Jan. 22, 2020

Real Estate Investment Terms and Definitions

Question Mark thought bubbles with question written next to them, Do you know these investment terms?

INVESTMENT TERMS

Check out my list of real estate investment terms every investor should know and add some new lingo to your investor vocabulary. 

Term: Cap Rate

Definition: Capitalization rate, or cap rate for short, is used to measure the annual rate of return on a real estate investment ...

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Jan. 21, 2020

Inventory Shortage: What you need to know!

Inventory Shortage in housing

 

INVENTORY SHORTAGE: WHAT YOU NEED TO KNOW

Inventory is at a near-historic low, while demand for homes continues to grow. Inventory shortages can be frustrating for eager buyers and bring hesitancy to those looking to sell soon.

The Facts

A normal market’s inventory sits at 6 months. Las Vegas ...

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