by Derek | Dec 13, 2022 | Uncategorized
Whenever the Federal Reserve moves into quantitative tightening mode, it’s going to spell trouble for rate-sensitive sectors like the U.S. housing market. When that tightening turns aggressive because the central bank—under the mistaken belief that inflation would be...
by Derek | Dec 8, 2022 | Uncategorized
Las Vegas, NV – The Las Vegas housing market continues to cool off as the year reaches its end, according to a local industry group. The median price for a single-family home sold in Southern Nevada during November was $430,990, the group Las Vegas...
by Derek | Dec 6, 2022 | Uncategorized
LAS VEGAS (KTNV) — With the real estate market cooling off, some Las Vegas sellers are getting creative to get more offers. As interest rates climb and home prices continue to drop, homes for sale are staying on the market much longer than they were just six months...
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...