Jun News Blog
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Las Vegas Market Stats
The Las Vegas Valley Real Estate Market received showed several positive signs in September, with New Listings up 12% from the year before and Pending Sales (accepted contracts that have not yet closed) up over 20% from the same time last year.
The Average Sales Price for Single Family Homes also went back up as well to back over $600,000 after a one month dip that saw more lower priced homes selling. While the median and average sales prices have fluctuated the past few months, this is due to more lower priced homes selling as prices have continued to slowly rise for the whole year.
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Why Now's Not the Time To Take Your House Off the Market
Has your house been sitting on the market longer than expected? If so, you're bound to be frustrated by now. Maybe you're even thinking it's time to pull the listing and wait to see what 2025 brings. But what you may not realize is, the decision to hold off could actually cost you. Here's a look at why staying the course could be the smarter move.
Other Sellers Are Pulling Back. Should Yo...
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Falling Mortgage Rates Are Bringing Buyers Back
If you've been hesitant to list your house because you're worried no one's buying, here's your sign it may be time to talk with an agent.
After months of high rates keeping buyers on the sidelines, things are starting to shift. Rates are already coming down due to a number of economic factors. And yesterday the Federal Reserve cut the Federal Funds Rate for the first time since they began raising that rate in March 2022. And while they don't control mortgage rates, this sets the stage for mortgage rates to fall even further than they already have – especially since more cuts from the Fed are expected into next year. And lower
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LOTS to do in Las Vegas in October!
Come out and play. Las Vegas is one of the best cities in the world for celebrating Halloween. The spooky holiday falls on a Thursday this year, so expect parties and events in the surrounding weekends. You'll see people in costumes at The LINQ promenade, Fremont Street Experience and other outdoor destinations .
Some things to keep in mind - traditional costumed masks are considered a big no-no inside casinos. The weather is among the best of the year in Sin City. Click here for the latest Halloween events and activities.
Spend Time Outdoors in Las Vegas
October provides fantastic weather for visiting the Downtown Container Park, an outdoor attraction built from cargo shipping containers. Enjoy brunch on the rooftop deck of Downtown Terrace or grab a hot dog from Cheffini's.
If exploring the desert is...
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