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June Update

The market is reaching a turning point in which price reductions are more common, and where buyers have more options. Since my last newsletter in mid-May, available single family home inventory jumped 36%. Higher inventory will eventua...

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May Update

Five years ago in April of 2017 the average sales price was $250K. I can remember a number of people telling me they weren’t buying at the top of the market and they’ll wait for prices to come down. Those people are still waiting and ...

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April Update

Will higher interest rates help tame the rising home prices we’ve been experiencing? The Fed definitely hopes so! Raising interest rates helps slow down the economy by making borrowing more expensive. In turn, traditional home buyers, i...

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March Update

A new record...AGAIN Hi <<First Name>>, 1 out of every 5.5, let’s just say 6 homes on the market today are listed at or above $1M. We’ve been breaking median sales price re...

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February Update

Just in case you missed it: Please click the link below to read the article that I had the honor of writing for the Las Vegas Review Journal. https://www.reviewjournal.com/homes/homes-columns/real-estate-insights/getting-tougher-...

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January Update

HAPPPY NEW YEAR!!! I hope you and your family are doing well and you stay on track for all of your New Year goals. 2021 in Las Vegas Real Estate was one for the records books, Literally! Was it smooth sailing, or a perfect storm? I...

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July Update 2019

Hey My Friends ,  Is cash still king?  Probably so, but cash buyers are backing off giving everyone else a golden opportunity! Only 18% of homes in July sold to cash buyers.  82% of buyers obtained some sort of financing. 49% received ...

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May Update

Hey my friends, As of today there are: Single Family Homes  7,650 Single family homes for sale 7,448 of those homes are "Regular Sellers" 88 are Short Sales, 114 are Bank Owned 4,072 Homes that have contingent or p...

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March Update 2019

Hey my friends, Your favorite Realtor in the news. Mobster’s former Las Vegas home sells for $419,900 https://www.reviewjournal.com/homes/real-estate-millions/mobsters-former-las-vegas-home-sells-for-419900-1608530/ Boxing champion put...

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February Update 2019

Hey my friends,  As you already know, in Las Vegas we’re in a league of our own when it comes to just about everything, but in particular the housing market. Prices are still rising despite the amount of homes sold are decreasing and ...

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