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April 28, 2022

Mortgage Rates Hover at Five Percent 4/28/2022

“The combination of swift home price growth and the fastest mortgage rate increase in over forty years is finally affecting purchase demand,” said Sam Khater, Freddie Mac’s Chief Economist. “Homebuyers navigating the current environment are […]
April 28, 2022

Las Vegas MLS Inventory 04/28/2022

There are currently less than 20 days of inventory at the current sales levels. Single Family Homes on the Market in the Las Vegas Valley. 04/21/2022 Total Single Family homes 2,107 available. Under $300K  29 […]
April 25, 2022

Why The Housing Market is Not in a Bubble.

Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, […]
April 25, 2022

Las Vegas Housing Market Report 04/25/2022

Monday’s Las Vegas Housing Market Report. Last 7 days in the Las Vegas Valley. 04/18/2022 – 04/24/2022 911 New Listings 1166 Homes went to contract 883 SOLD  Houses that are priced, presented & marketed correctly […]
April 24, 2022

Las Vegas one of the lowest Property Tax Rates in the U.S.

  The lowest rates among metro areas with a population of at least 1 million in 2021 were in Phoenix, AZ (0.38 percent); Nashville TN (0.41 percent); Las Vegas, NV (0.41 percent); Salt Lake City, […]
April 21, 2022

PARADISE PALMS ACHIEVES HISTORIC DISTRICT DESIGNATION

Congratulations are due to the entire Paradise Palms Neighborhood! On April 20th – the Clark County Commission voted unanimously to designate the entire Paradise Palms as an official “HISTORIC DISTRICT”. The effort to create this district […]
April 21, 2022

Mortgage Rates Exceed Five Percent 04/21/2022

“Mortgage rates increased for the seventh consecutive week, as Treasury yields continued to rise,” said Sam Khater, Freddie Mac’s Chief Economist. “While springtime is typically the busiest homebuying season, the upswing in rates has caused […]
April 21, 2022

Las Vegas MLS Inventory 04/21/2022

There are currently less than 14days of inventory at the current sales levels. Single Family Homes on the Market in the Las Vegas Valley. 04/21/2022 Total Single Family homes 1,966 available. Under $300K  22 $300k […]
April 18, 2022

Las Vegas Housing Market Report 04/18/2022

Monday’s Las Vegas Housing Market Report. Last 7 days in the Las Vegas Valley. 04/11/2022 – 04/17/2022 920 New Listings 1156 Homes went to contract 908 SOLD  Houses that are priced, presented & marketed correctly […]
April 14, 2022

Mortgage Rates Hit Five Percent

“This week, mortgage rates averaged five percent for the first time in over a decade,” said Sam Khater, Freddie Mac’s Chief Economist. “As Americans contend with historically high inflation, the combination of rising mortgage rates, […]