Author Archive
Home Sales About To Surge? We May See a Winter Like Never Before
Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in...
Las Vegas housing market moves from sizzle to simmer
by Jeff Gillan LAS VEGAS (KSNV) — The median price of a Las Vegas resale sits at $406,500 for September. It's another record, but not by much. It's $1,500 more than August, which was $405,000, and was also the record set in July. Th...
Greater Las Vegas Home Prices Still on Fire in September
Hits New Record in September as Median Prices Spike 20 Percent Annually Las Vegas Realtors are reporting this week that the local housing market started to stabilize in September 2021, even while home prices set another record. LVR re...
Home Sales Begin to Cool in the U.S.
According to the National Association of Realtors, Existing-home sales retreated in August 2021, breaking two straight months of increases. Each of the four major U.S. regions experienced declines on both a month-over-month and a year-over-...
House flippers buying more homes in Las Vegas, across US
Southern Nevada has seen “iBuyers” grab a bigger chunk of the market in recent months amid a broader surge of investors snapping up homes, a new report shows. U.S. real estate firms that ventured here and elsewhere in recent years to...
Las Vegas rents rising at escalating speed
Southern Nevada’s rental market has accelerated amid a broader housing boom fueled by cheap borrowing costs for buyers and the quest for more space as people work from home during the pandemic, prompting many people to move here from more...
Condos Making a Comeback in U.S., Despite Ongoing Covid Issues
Now that many Americans are vaccinated and some are returning to the workplace, extra space isn't as necessary and the benefits of shared amenities like a gym or a pool are more attractive. And the biggest benefit of condo living is the mor...
June 2021 Existing-Home Sales Bounce Back as Home Prices Hit Second Highest Pace
By: Michael Hyman NAR released a summary of existing-home sales data showing that housing market activity this June increased 1.4% from May 2021. June's existing-home sales reached a 5.86 million seasonally adjusted annual rate, and June's s...