Greenspan says, "Rates Will 'Surprise' US" - I hate surprises...

I have been accused of only presenting "Good News"

Well, Not this time...

This week, Alan Greenspan the former Federal Reserve Chairman said.

"I cannot perceive that we can maintain these levels of interest rates 

for very much longer.They have to start to move up and when they do they 

could move up and surprise us with the degree of rapidity which may occur."

If this is true, it would not have a positive affect on our Real Estate Market.

The Summer Seasonal Surge is Starting to Settle

 Median Home Prices have shot up the first half of this year.

Las Vegas, the Largest of our Markets, shows a Cyclical Seasonal Trend.

Henderson, the Most Expensive Market, is starting to settle down.

NLV, with all its Corporate Development is still Surging.

Sellers waiting for prices to Peak, now might be the time.

Is it a Good Time to Buy? Maybe the Best Time Ever...

 People always ask us - Is it a good time to Buy?

It's kind of a tricky question...

I don't know most of the deciding factors that are going on in their life.

And it's stereotypical for a salesperson to always be selling.

But according to Bloomberg News,

US Interest Rates are at an All Time Low.

 So, Maybe the Best Time Ever...