by Derek | Dec 14, 2022 | Uncategorized
Las Vegas’ housing market got something of a breather recently. Mortgage rates have ticked lower in the past month, cutting buyers’ borrowing costs. But locally and nationally, after months of slowing sales activity, it’s unclear how much of a boost this will give....
by Derek | Nov 21, 2022 | Uncategorized
Las Vegas, NV – If you’re thinking about buying a home in Las Vegas, you’re not alone. At the end of 2021, Sin City ranked as the third most popular migration destination in the country, behind only Miami and Phoenix, according to Redfin data. With...
by Derek | Nov 4, 2022 | Uncategorized
The Las Vegas housing market bears a concerning resemblance to Humpty Dumpty. You probably remember this well-known nursery rhyme. It starts with Humpty Dumpty ascending to a great height — he sat on a wall. Local housing prices have done something similar. In January...
by Derek | Oct 31, 2022 | Uncategorized
Las Vegas, NV – After last year’s buying spree, Southern Nevada’s housing market has been pumping the brakes for months. Sales totals have plunged from 2021 levels, sellers have increasingly cut their prices, inventory has soared, and homebuilders have pulled...
by Derek | Oct 28, 2022 | Uncategorized
This article is from Full Stack Economics, a newsletter about the economy, technology, and public policy. In March 2021, a woman in the D.C. area put her house on the market and got 88 bids—including 76 all-cash offers and 15 from people who hadn’t bothered to visit...