This is when I was advising Sellers to
"Set the Market - not chase the Market"
Real Estate Market Report
Our Real Estate Market Reports as of July 2022: Advised Sellers how to price their house to sell after the peak prices. Many homes sat on the market longer in 2022.... Decreasing their asking price $10,000's and some still sit on the market. For Sale By Owners trying to save a few thousand in commission didn't have the data to understand the market changes and homes that at peak would have sold for $600,000, can't find offers for $550,000.
Short term Market Cycles spotting changes in Trends
In constant changing markets, you need an expert market analysis and experience going through several real estate cycles. It's not the years an agent sold real estate, It's the number of real estate cycles they sold real estate to understand how to properly price and market.
Compare and get familiar with what's making our economy plummet and is selling your home a wise choice. Contact me for more information and let's discuss how we can sell your home in a higher price in today's economy.
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News stories report data that has already happened months ago. Home Sellers listened to those stories and missed out on how to lock in their equity gains by pricing for the current market activity.
LAS VEGAS, Nev. (FOX5) Despite yet another month of record home prices, the Las Vegas area housing market may be undergoing a shift. According to the latest real estate market report from Las Vegas Realtors, fewer homes are selling even as more homes enter the market. "The slowdown in sales and increase in our housing supply are signs that things may be starting to calm down a little," said LVR president Brandon Roberts. "Even though prices are still rising, more homes on the market is welcome news for potential buyers."
LAS VEGAS, Nev. (FOX5) Despite yet another month of record home prices, the Las Vegas area housing market may be undergoing a shift. According to the latest real estate market report from Las Vegas Realtors, fewer homes are selling even as more homes enter the market. "The slowdown in sales and increase in our housing supply are signs that things may be starting to calm down a little," said LVR president Brandon Roberts. "Even though prices are still rising, more homes on the market is welcome news for potential buyers."
This is when I was advising Sellers to
"Set the Market - not chase the Market"
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You're probably asking, when will the home prices fall? Don't just listen to headlines about home prices without putting it in context to time frame and overall price history.
According to The Nevada Independent, the rise of cash buyers in Nevada's housing market has locked out some homebuyers. Investors, wealthy buyers, large corporations, and investment pools have all struck gold by purchasing homes in Las Vegas.
Las Vegas is the most populous city in the state and is located in Southern Nevada. Vegas is the financial, commercial, and cultural center of Nevada and the greater Mojave Desert region, with a metropolitan population of over 2.2 million people.
Metropolitan Las Vegas is made up of five cities, including Henderson and Summerlin South, and is known for its pro-business government and lack of a state sales tax.
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Real Estate Market Report since the pandemic
Contact to get customized market value analysis with the most up to date trends.
Real estate market report, shows home prices continued to rise in April, with the median price for single-family homes reaching an all-time high. While housing inventory remains limited and remarkably low, the number of units available increased at the end of the month but remains below a month's supply. In other words, the Las Vegas real estate market is still thriving.
Contact us a for a more detailed real estate market report and how we can help you with sell your home in no time!