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We are pleased to report that the Greater Las Vegas Association of Realtors has just released their report for May showing a median price dip of 1.2% from previous month which is the smallest drop since November of 2007.
Another significant number reflects the increasing health of the Las Vegas Home market, the inventory of homes on the marked declined 9.3% from a year ago to 21,181, which is a seven…
There is a great deal of uncertainty in the stock markets at present, which is causing people to rethink how they value their Investment Retirement Accounts (IRA) and how it can be used to buy Las Vegas Real Estate. When they contrast the downturn in the stock market versus real estate affordability some are starting to use an IRA for down payment for Las Vegas Real Estate.
Using IRA for Down…
The number of U.S. homebuyers who agreed to buy a previously occupied home took the largest monthly jump in nearly eight years, which is good news nationally and locally here in Las Vegas! We’ve been saying our local market has hit bottom for months and we believe this news underscores our assessments.
The National Association of Realtors said Tuesday its seasonally adjusted index of sales contracts signed in April surged 6.7…