Hey there, homebuyers and real estate enthusiasts! Want to know what’s cooking in the Las Vegas real estate market this year? Well, you’re in for a treat because we’ve got the scoop. According to a fresh report from the real estate gurus at Zillow, the Las Vegas Valley is set to be the 12th “hottest” […]
Market Reports
Housing Market Update: Has the New Home Market Hit an Inflection Point?
The year 2023 has unfolded as a narrative of contrasts in the housing sector, where existing-home and new-home markets are dancing to different tunes. As we delve into the insights provided by Zonda’s survey of builders, a nuanced story emerges, shedding light on the challenges and opportunities shaping the industry. New-Home Market Challenges: In October, […]
Decoding the Housing Market: How Falling Mortgage Rates Could Spell a Boost in Home Prices
As we wave goodbye to 2023, let’s dive into an intriguing twist in the real estate market! Mortgage rates, those pesky percentages that can make or break a homebuyer’s dream, have been on a rollercoaster ride, but here’s the latest scoop: they’re falling! Yes, you heard that right. After reaching a spine-tingling high of around […]
2024’s Forecast: Navigating Las Vegas Real Estate in a Lower Interest Rate Climate!
Hello, Las Vegas home enthusiasts and market watchers! As we look ahead to 2024, the winds of change are blowing through the real estate market, with anticipated federal interest rate cuts finally on the horizon. This shift could bring a wave of opportunities and challenges for both home buyers and sellers in the vibrant Las […]
LAS VEGAS REAL ESTATE MARKET: WHERE OPPORTUNITY MEETS LUXURY
Las Vegas has always been synonymous with entertainment, casinos, and the vibrant Strip. But in recent years, it’s also become synonymous with something else: a thriving residential real estate market that’s turning heads and capturing the attention of both homebuyers and investors alike. Let’s take a closer look at the current state of the Las […]
SOUTHWESTERN NEVADA SAW THE BEST AUGUST FOR NEW HOME SALES IN DECADE
Las Vegas residents bought the most newly built homes in August than they have since the recovery of the housing market in the late 2000s. The elevated mortgage rates we see have not put a damper on sales. Home Builders Research, a Las Vegas-based organization, reported there were 1,037 new-home net sales—far surpassing the 488 […]