Elaine and James Hansen

Elaine and James Hansen
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Monday, March 27, 2023

Looks like things might be turning upward...

It's been a long time since we have shared anything positive about our local Real Estate Market.
For the first time in almost a year the Median Home Prices have gone up.
Las Vegas, Henderson and NLV all show a distinct change into an upward trend.
 
 

 
It's not because of Interest Rates. 
Mortgage Rates have been fluctuating from between 6% - 7% for the past 6 months.

 
 
We have a very Strong Economy.
Almost all Economic Indicators show positive movement over the past year. 
 

Tourism & Gaming numbers are better than ever!

 
Las Vegas Metropolitan Area is the Strongest in the Nation for Employment Growth.
 

Much of our growth is thanks to Companies leaving California, 
and Las Vegas is their #1 destination.

 
The Las Vegas Economy and it's Real Estate Market remain Strong.
 Despite Interest Rates doubling, the Housing Market is only down by 12%
We will keep an eye on it...

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