Are interest rates making our current market stale? That's what the numbers show. The market seems flat. Not enough inventory still, the median sales price is the same, and numbers show that this year has actually been the slowest year in real estate in Las Vegas since 2028. Will this pattern continue or heat up? Let us know your thoughts! Continue Reading
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Monthly Market Update for June 2023 with Harvey Blankfeld
Please note that this is is only for Single Family homes in Las Vegas and technically for May data but we are reporting it in June. Currently there are 3893 available homes and 2226 homes have closed in the last 30 days. The absorption rate is roughly 1.75 months so this is how ling is is taking to sell your home. The average sales price is $562,000 while the median sales price is Continue Reading
Monthly Market Update for May 2023 with Harvey Blankfeld
We are providing this data in May 2023 for April and this is just for single family homes. We are seeing that this year will may be slower and compared to last year when the first part of the year was really busy and then almost stopped. We currently have about 2 months of inventory and still have an inventory shortage which Harvey believes will drive prices up. Tune in each month to get your Continue Reading
Monthly Market Update for April 2023 with Harvey Blankfeld
Is our current market shifting? Considering that this has been the best month for real estate since July of 2022, we believe so. Our average sales price remains the same for the last few months at $425,000, but the time on the market is shrinking. Will prices start to go up? Are interest rates stabilizing and going down? Be sure to watch and listen for your accurate real Continue Reading
Monthly Market Update for February 2023 with Harvey Blankfeld
Curious about Las Vegas Real Estate stats? Want to know how many homes have sold in Las Vegas? How many homes are on the market? Watch now and be sure to subscribe for this information every month! Continue Reading
Monthly Market Update for January 2023 with Harvey Blankfeld
We are giving out this update in January, 2023, but this is the market update for Las Vegas Real Estate for December 2022. Average days on market is at about 40 days and Harvey and John compare stats from this time last year in 2021. SUBSCRIBE to our channel to stay current on our local Las Vegas market. Did you know what we do charts on the radio? ;) Continue Reading
Stunning in Southern Highlands – 11362 Villa Bellagio Dr.
3D Tour Walkthrough Remarkable strip, city, & mountain views as far as the eye can see! This exquisitely designed home is nestled on an elevated lot on the foothill of Tuscan Cliffs, a highly sought-after guard-gated neighborhood located in the prestigious Southern Highlands. Not only does this former William Lyons model home offer breathtaking views of the Las Continue Reading
OPEN HOUSE & LIVE VIRTUAL TOUR
OPEN HOUSE & LIVE VIRTUAL TOUR - Saturday, 10/10/2020 ~ 12:00PM - 3:00PM 7342 Swiss Blue Topaz Ct. Las Vegas, NV 89120 3 Bedrooms I 2.5 Bathrooms I 1,840 SF - Presented at $339,900. Beautiful and like new home that presents granite counters, stainless steel appliances, gourmet kitchen w/ large island & walk-in pantry, open family room & loft, ample master suite w/ walk-in shower Continue Reading
What is an appraisal waiver?
This week we have 2 clients that purchased homes get appraisal "waivers." Why would this happen? Should I waive my appraisal as the buyer? An appraisal waiver is when the lender reviews the contract, down payment, buyers credit score, and based on the figures concludes that the homes sale price is appropriate. Just because a lender waives the appraisal, this does Continue Reading