Housing values increased $11,000 over last year More of the same expected in the coming year Las Vegas remains under peak values Do you own a house this year? Congratulations, you’re $11,000 richer. Well, that depends on what house, and where. But that’s the average gain value of houses this year, according to Core Logic.…
New homes will top housing market in coming year Prices will rise That helps mortgage risk New construction homes will top housing market in coming year as prices rise, which will help lighten the mortgage risk.homes will be the segment driving real estate sales next year, according to Freddie Mac. Its September report also predicts…
A Las Vegas economy that keeps improving and adding jobs is driving up demand for housing in Southern Nevada, pushing home values up. Unemployment declines in Las Vegas metro area The August 2017 report from SalesTraq says that median single family houses here are now about $260,000, which is 10.6 percent above last August. There…
Do you want to live someplace where you can buy a big house for a low price? Look for a rural state without big metro areas. Nevada is about in the middle of the pack when it comes to affordability per square foot. Here, about $200,400 can get you 1,452 square feet of home —…
I have a client who moved down here from the Pacific Northwest for a job change expecting to buy a home in Las Vegas lickety-split and settle into his new home town, but we’s found few Las Vegas homes for sale. So far we’ve put in five offers full price or more and not gotten…
I bought my first home decades ago using my no-down GI Bill when I was a beginning reporter for the Associated Press – wondering how in the world I was going to come up with the $311 a month for a two-bedroom, one bath bungalow that’s close to 900 square feet. Fortunately, small homes appreciate…