What's a Dollar Worth? Depends where you're at...

Nevadans seem to make more money on average.

And that money goes a little further.

Maybe this is why all those people keep coming to Las Vegas from California.

 

Are You Enjoying Your New Equity...

 The Las Vegas Housing Market is currently in a nice recovery.

We have had steady growth over the past couple of years.

Many People are still concern about the possibility of another Crash or Bubble.

We see it as a comfortable level and rate of growth.

As I have said in the past...

Please take these numbers with a grain of salt.

It only takes a couple of Million dollar homes to skew these numbers.

But you can definitely see a lot of positive growth throughout the town.

Prices Plateau... Is it Time to Sell?

 It's been a month since we looked at these graphs.

It looks like things are Calming Down.

This is probably the most Normal Real Estate Market 

we have been in for several years.

For Home Owners who have been waiting for the Market to "Peak" before they decide to Sell,

this might just be the right time. 

I thought 4.5% was going to be the going rate.

It looks like it's going to stay around 4.25%

3.25% if you finance for 15 years.

National Consumer Sentiment Survey

Fannie Mae Surveyed 1,000 people the following four questions.

Please keep in mind this is a National Survey. 

It seems that More and More People think that:

- It's Not a Good Time to Buy

- It's Not a Good Time to Sell

- Home Prices are Going to ....

In my Opinion...

Here in Las Vegas, it is an Awesome Time to Buy.

And for Home Owners who have been waiting for the Market to go up 

so they could have equity in their homes. 

It's an Awesome Time to Sell.

What's going to happen in the Future?  

We are very Optimistic!

 The National Housing Survey has been conducted on behalf of Fannie Mae every month since June 2010.  

Over 1,000 Americans, homeowners both with and without mortgages and renters are polled by phone to assess their attitudes toward owning and renting a home, home and rental price changes, home ownership distress, the economy, household finances, and overall consumer confidence.