Las Vegas Real Estate was Hot now Cold! Find out how your Zip Code is Doing!

Dated: April 29 2019

Views: 124

The number question I get is, "How's the Market?" With a quick view of the "House Price Index Growth" for the Nation (below) you can see how Neveda is doing. It feels good to be #1.

The downside for buyers—and upside for sellers (HOT) —is that prices are expected to rise more than originally forecast, going up 2.9% in 2019 instead of 2.2%. That’s because the swelling ranks of buyers motivated by those lower mortgage rates will increase demand—and therefore prices.

Chief Economist Danielle Hale of realtor.com. “We’re going to see higher prices and slightly higher home sales than we expected. But home sales are still going to decline slightly as a result of the housing slowdown. There’s a gap between what sellers are looking for and buyers are hoping to pay.”

Check and see if your home is HOT or COLD (HERE)

Blog author image

Kenneth Manesse

Helping you experience something new in Las Vegas that's guaranteed. Real Estate with less stress!....

Latest Blog Posts

Getting Ready For RETIREMENT in Las Vegas

For most people, retirement feels like a long way off. But, if you don’t start preparing as early as possible, you may find yourself in a place of financial insecurity when the time does come.

Read More

Why you should sell your 2 story home in Las Vegas!

You can't deny that you "have to sell" your 2 story home. Your knees will thank you! List of 1 Story Homes (Las Vegas 1st Homes)Want to check your homes value?  Find out (What is my

Read More

How to buy a REO in Las Vegas

If you’ve thoroughly prepared yourself for owning a home with a poorly documented history and a higher than normal risk of unexpected problems, as well as the stressful buying process that can

Read More

Four reasons why putting 20% down is a good plan.

Here are four reasons why putting 20% down is a good plan if you can afford it. 1. Your interest rate may be lower. A 20% down payment vs. a 3-5% down payment shows your lender you’re more

Read More