LAS VEGAS VALLEY MARKET STATS (NOVEMBER 2017) (RESIDENTIAL) (101-606)

AMONG THE MANY HIGHLY EXPERIENCED AGENTS ON THE TONNESEN TEAM, CHRISTINE DURNO IS ONE OF OUR BEST !

October 2017 Single Family Residential (SFR) closed sales were up 1.6% from September and up 13.2% compared to October 2016.

Many of today’s buyers think that having the listing agent represent them on a transaction will save them money.

Buying a home can be a laborious task, especially when all the little details are considered. If the search is taking forever, or multiple offers fell through

It's disheartening when a house appraisal comes back lower than the purchase price you and the seller agreed on.

Programs that help first-time buyers put down less than 10 percent of the purchase price have been around for many years.

Single family median prices reached a new high of $265,000 in Southern Nevada during September 2017.

Gross Domestic Product, the broadest measure of economic activity, climbed to a more normal 3.1 percent in the second quarter, up from 1.2 percent in the first quarter.

WHEN HOMEOWNERS DECIDE TO SELL, THEY MAY FIND THEMSELVES JUSTIFYING THEIR CHOICE TO ANYONE WHO’LL LISTEN. BUT, AS THE OLD SAYING GOES, “LOOSE LIPS SINK SHIPS.

AUGUST 2017 SINGLE FAMILY RESIDENTIAL (SFR) CLOSED SALES WERE UP 4.2% FROM JULY AND 5.1% BETTER THAN AUGUST 2016.

A real estate agent's job is to make sure everyone else involved in the transaction is doing their job.

Inventory absorption and home prices are rising so fast that homebuyers -- particularly millennials -- are going over budget and turning to friends and relatives for down-payment help.

…in the sense that more houses are listed for sale in the Spring. But, there’s also a heck of a lot more buyers trying to buy those listings.

ERRONEOUS ASSUMPTIONS ABOUT THE BUSINESS CAN CAUSE A TON OF CONFUSION FOR THE PUBLIC ABOUT HOW THE REAL ESTATE PROCESS WORKS.

While you’re sweltering in the heat, keep in mind that whether you’re buying or selling a home in Las Vegas, a swimming pool is more than a way to cool down

Real estate is one of the most prosperous investment avenues where you can expect your money to grow. The real estate market is supposed to boom

Over the past month, the Las Vegas real estate market has been literally flooded with would-be flippers, making up to 30 bids each per week.

For example, if your rent is currently $1200 per month and you purchase a $175k home with a 3.5% down payment at a 4.5% interest rate,

While the average sales price in Las Vegas rose over 30% in 2013, the median price for homes over $1 million was virtually unchanged last year and remained stable at $1.4 million.