Elaine and James Hansen

Elaine and James Hansen
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Showing posts with label predictions. Show all posts
Showing posts with label predictions. Show all posts

Monday, April 13, 2015

Another Up Swing this Spring

Over the Last few months, whenever anybody would ask about the Market,
We said it had "flattened out".
Some thought this was a sign that the market was going to drop.
We maintained the Market still had a lot of room for recovery.
Over the last two months the market has Spring-ed into action.
Activity and Prices have both Jumped Up.

When you look around town, there are construction projects everywhere.
Within 5 miles of my home, I can think 5 new restaurants that recently opened.
These are positive signs and we are anticipating another year of strong equity growth.

Las Vegas Price Trends

Las Vegas Market Activity Trends

Thanks Nevada Title and Chicago Title for Graphs and Data



Thursday, February 12, 2015

Two Sides of the Same Coin...

Earlier this week Keith Lynam, the President of the GLVAR
The governing body over our local Realtor Association.
Gave a speech and then two different reporters used the same quote.

“January is typically a time when we see local home prices and sales slow down, so this month’s statistics are no surprise,” association President Keith Lynam said. “What’s more relevant to us is how we’re doing compared to the same time a year ago. Compared to last year, home prices are still rising, just at a more gradual pace than they did in the past few years.”

Below are the two Headlines and articles they wrote.

Is it any wonder why people don't have a good understanding of what is actually happening 
with our Real Estate Market.  Or any other issue the media "reports" on...

http://www.reviewjournal.com/news/las-vegas/las-vegas-home-sale-prices-jump-january

http://vegasinc.com/business/real-estate/2015/feb/10/las-vegas-home-sales-drop-while-prices-creep-highe/

Monday, February 2, 2015

2015 Predictions - Opinions are like...

 Opinions are like Belly Buttons...
Everybody's got one!
But this guy is Paid to have His!

NAR Chief Economist Lawrence Yun makes a few predictions about 
The 2015 National Housing Market.  see Video Below.

It all sounds good to me. A Nice Steady Growth / Recovery.
note... 37% Increase in New Home Sales may seem like a Huge number.
It means if we had 100,000 New Homes built in 2014, he's predicting 137,000.