The Las Vegas Real Estate Market Report for April 2022 is continuing to show the signs predicted here before. We see a big shift occurring in many regions of the Las Vegas valley. Activity remains constant across all areas of Las Vegas. Whether it is Spanish Trails, Southern Highlands or Cottonwood Terrace. We notice it in areas such as Peccole Ranch, Summerlin, Rhodes Ranch, Mountains Edge, and Henderson. Perhaps most surprising are the condominiums in Las Vegas and Henderson. From gated communities to homes with golf course views. Even homes near the soon to be built Durango … Continue reading...
Las Vegas Real Estate Market Report – March 2022
The Las Vegas Real Estate Market Report for March 2022 is quite eye opening. The real estate market for Las Vegas took several new twists in March 2022. With prices and sales surging, new trends developed in Las Vegas real estate. Rising Interest Rates Even prior to the Fed raising rates, home mortgage rates were on the rise. Thus, buyers wanting Las Vegas real estate rushed to get a home in March before rates went even higher. While the number of sales in California is slowing down, the number of sales in Las Vegas real estate market rose sharply. This also helped to create a segmented … Continue reading...
2022 Las Vegas Real Estate Forecast
The Problem The 2022 Las Vegas Real Estate Forecast is something that is a hot topic these days. After the phenomenal 2021 real estate market growth and appreciation for Las Vegas, the rumors started flying. People asked "Will the Las Vegas real estate market crash in 2022?". Then, the media posted stories saying Las Vegas is one of the most overpriced areas in the United States. Every neighbor became an "expert" and wanted to tell you what their cousin's mailman said is going to happen. However, the truth is, in really understanding this market, we need to look at the bigger picture - … Continue reading...
Explaining This Crazy Real Estate Market
Las Vegas houses have seen a lot of activity in the last 24 months. Some folks were wondering just why it would be that houses in Las Vegas may appreciate over 20% in one year. The truth is, it has a lot to do with the California real estate market. Specifically, Los Angeles, San Bernardino, Riverside, San Diego and Orange counties. These had a great effect of the Las Vegas real estate market. When a seller in Riverside sells a place that they think is a dump for $600,000 and they can buy a house in Las Vegas that they see as a mansion for $500,000, you may see why they may be … Continue reading...