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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, […]
April 14, 2022

Las Vegas MLS Inventory 04/14/2022

There are currently less than 14days of inventory at the current sales levels. Single Family Homes on the Market in the Las Vegas Valley. 04/14/2022 Total Single Family homes 1,850 available. Under $300K  25 $300k […]
April 11, 2022

Las Vegas Housing Market Report 04/11/2022

Monday’s Las Vegas Housing Market Report. Last 7 days in the Las Vegas Valley. 04/04/2022 – 04/10/2022 953 New Listings 1182 Homes went to contract 820 SOLD  Houses that are priced, presented & marketed correctly […]
April 7, 2022

Mortgage Rates Continue Climbing 04/07/2022

“Mortgage rates have increased 1.5 percentage points over the last three months alone, the fastest three-month rise since May of 1994,” said Sam Khater, Freddie Mac’s Chief Economist. “The increase in mortgage rates has softened […]
April 7, 2022

Las Vegas MLS Inventory 04/07/2022

There are currently less than 12 days of inventory at the current sales levels. Single Family Homes on the Market in the Las Vegas Valley. 04/074/2022 Total Single Family homes 1,760 available. Under $300K  21 […]
April 4, 2022

Millennials Now Account for Nearly Half of Home Sales

While they began to become homeowners at a more advanced age than many of their predecessors and encountered an abnormally high number of obstacles getting there, Millennials are now driving the housing market. The 2022 Home […]
April 4, 2022

Las Vegas Housing Market Report 04/04/2022

Monday’s Las Vegas Housing Market Report. Last 7 days in the Las Vegas Valley. 03/28/2022 – 04/04/202213 898 New Listings 1098 Homes went to contract 1109 SOLD  Houses that are priced, presented & marketed correctly […]
April 1, 2022

Today’s Mortgage Rates, and what does the future look like?

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 of a point […]
March 31, 2022

Mortgage Rates Exceed 4.5% 03/31/2022

“Mortgage rates continued moving upward in the face of rapidly rising inflation as well as the prospect of strong demand for goods and ongoing supply disruptions,” said Sam Khater, Freddie Mac’s Chief Economist. “Purchase demand […]
March 31, 2022

Las Vegas MLS Inventory 03/31/2022

There are currently less than 12 days of inventory at the current sales levels. Single Family Homes on the Market in the Las Vegas Valley. 03/31/2022 Total Single Family homes 1,662 available. Under $300K  24 […]