Monthly Archives: July 2017

Rising Home Prices Mean Great News for Homeowners

Recently there has been a lot of talk about home prices and if they are accelerating too quickly. As we mentioned before, in some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers … Continue reading

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Las Vegas Real Estate Market Report: 07/19/17

This is the latest Las Vegas Real Estate Market Report for the week, data is obtained from the Greater Las Vegas Association of Realtors MLS.   Single Family Residence (SFR) Available – 5,130 (+6, Last Week 5,124) Under Contract – … Continue reading

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U.S. Housing Inventory Hits a New Low… List Your House TODAY!

Every summer, families across the country decide if this will be the year they sell their current house and move into their dream home. Mortgage rates have hovered around 4% for all of 2017, forcing buyers off the fence and into the … Continue reading

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84% of Americans Believe Buying a Home is a Good Financial Decision

According to the National Association of Realtors®’ 2017 National Housing Pulse Survey,84% of Americans now believe that purchasing a home is a good financial decision. This is the highest percentage since 2007 – before the housing crisis. Those surveyed pointed out … Continue reading

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Home Buying Myths Slayed

Some Highlights: Interest rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! The credit score requirements for mortgage approval continue to fall.

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5 Reasons Why You Should Not For Sale By Owner!

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not … Continue reading

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Median Days on the Market Drops to 27!

Some Highlights: The National Association of REALTORS® surveyed their members for their monthly Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations … Continue reading

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