This LVRJ reporter must have read my blog – he’s definitely changed his “sky is falling” rhetoric. The only thing falling is sales. That isn’t the same as prices dropping. Will prices drop? Who knows – I threw away my crystal ball in 2008, when nothing made sense in real estate. Reporters were writing stories […]
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What a Difference a Month (a Day?) Makes
Two days ago I quoted CoreLogic’s Case-Schiller Index findings for March. Sales price increases were slowing a bit, with Las Vegas still leading the price increases in the top markets in the U.S. Not to be confused with prices dropping, this was a slowing of the upward trajectory for house prices. One day later, Zillow […]
But Is The Sky Actually Falling?
It makes me crazy to hear reporters crying that the housing market is going to hell in a hand basket simply because prices are no longer skyrocketing. I guess it sells newspapers (I know, that’s not really a thing now, but that’s not the point). These stories cause buyers and sellers to sit on the […]
Living Local—Fast Facts. And Pizza.
Foreclosures have fallen in Las Vegas, ending the first quarter of 2019 at 74% below the same quarter in 2008. Small investors late to the game still call – after they wasted money on a seminar – and breathlessly tell me they want to buy a foreclosure. Well, we all do. But fortunately, homeowners who survived […]
Retiring to Nevada
Las Vegas is seeing an influx of retirees looking for a temperate climate. With a median home price of $300,000, it’s no wonder – retirees moving here from California can afford to downsize here. According to the recent United Van Lines National Movers Study, 29% of people moving to Nevada are coming for retirement-related reasons. […]
The times, they are a-changin’.
After starting off the year at a very slow pace, real estate sales in the Las Vegas Valley are picking up. With interest rates .6% lower since November, buyers are no longer standing on the sidelines. Inventory is high with 7,091 single family homes on the market today – looks like the market is no […]
“Life is like a box of chocolates…&...
“Life is like a box of chocolates – you never know what you’re going to get.” – Forrest Gump We intended to have a new blog post for you all today; However Robin is out for a few days thanks to an escaping inmate ramming her car repeatedly. She’ll be back soon, and asked us […]
Online E-Buyer Platforms
I’m back! In what the L.A. Times deemed a “Las Vegas story” I had a wild time that kept me busy for a bit. You may have seen the national news story: escaping felon on his way to Court for sentencing hijacks a truck while under fire from the police officer that let him escape, rams 4 […]
Opportunity Zones & Opportunities Abound
How about that VGK win a few nights ago?! Took it in the shoot-out. I’m sad to say I wasn’t there – we lost the shoot-out at the game I attended recently. Donuts for all for last night’s shut-out, too. Sweet. Speaking of the Vegas Golden Knights – and who isn’t? – they are opening […]
Millenial Exodus?
What’s up, California? 63% of your state’s millenials say they are considering leaving the Golden State. Could it be because they can buy a typical $630,000 LA home for $300,000 in Las Vegas? These numbers represent the median home prices for Los Angeles and Las Vegas today. The answer is – pretty much so. Many millennials in California feel […]
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