If you’re looking to purchase a property right now, you’re probably aware that there aren’t many available. But what does that imply for you personally? As a buyer, you should be prepared to negotiate a highly competitive market where properties sell quickly and receive several offers due to low housing availability and high buyer demand. […]
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Why Is It So Important To Price Your Home Correctly?
When you decide to relocate, you want to get the best price for your home. That may explain why, in today’s sellers’ market, many homeowners are ready to put their homes on the market. After all, many properties are selling for more than the asking price due to record-low availability and great buyer demand. According […]
Luxury Real Estate on the Rise
The luxury real estate market in the United States is benefiting from a growing number of rich individuals who recognize the value of having numerous houses. According to The Report: 2022 Global Luxury Market Insights, released by Coldwell Banker Real Estate LLC and the Coldwell Banker Global Luxury program, the world’s wealthy population—those with a […]
Builders in Las Vegas will begin construction in 2022 with record-high pricing.
Following the hottest housing year in decades, Southern Nevada homebuilders began 2022 with sales prices at all-time highs. According to a recent survey from Las Vegas-based Home Builders Research, builders sold single-family houses for a median price of $482,320 in January, up 23.6 percent from January 2021, and condominiums and townhomes for a median price […]
Clark County supports new affordable housing while state unveils plan
This week, the Clark County Commission approved a plan to bring more than 600 affordable housing units to the region from seven developers who were nominated for federal financing. Officials said county lawmakers chose the developers on Tuesday from 12 applications that were vetted by the county’s Community Development Advisory Committee, which made the recommendations. […]
Are Home Prices Continuing To Rise?
Many economists predicted that home price growth will halt considerably in the fall of 2021, then decline further in 2022. That hasn’t occurred yet. All of the main pricing indexes are showing double-digit price increases. Here’s a look at their December reports on year-over-year pricing growth: Federal Housing Finance Agency (FHFA): 17.6% S&P Case-Shiller: 18.8% […]
Pending Home Sales Drop for Third Straight Month
Contract signings fell 5.7 percent month over month in January, the third consecutive month of decline, according to the National Association of REALTORS®. Housing inventory is at an all-time low. The Pending Home Sales Index, which is based on contract signings and is a forward-looking predictor of home sales, is down 9.5 percent from a […]
Millennials: Need a home with more space?
If you’re a millennial, you might be thinking about buying a house. According to the National Association of Realtors, your generation is the largest group of homebuyers in the market now and has been since 2014. (NAR). While many millennials are hoping to buy their first house, you may be one of the many who […]
Why a Move Could Bring You More Happiness This Year
We’ve been through one of the most stressful moments in recent history during the last two years. Many of us have spent more time at home as a result of the health crisis, which has caused us to reconsider both what we need in a house and how much we value having a safe area. […]
Real Estate Voted the Best Investment Eight Years in a Row
In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term investment (see graph below): If you’re thinking about purchasing a […]
