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2018-10-08 16:42:46
Home Prices Falling and the Market Slowing...
Back in August we looked at these same graphs and asked,
If this is a Market Slow Down or a Seasonal Trend.
We can now see that there has definitely been a Slow Down and Home Prices are ping
The next question is now... Why?
 Could be a combination of any of several reasons.
Could be that anyone who has wanted to buy already has.
Or, Home prices have gone too High too Fast.  Maybe because it's an Election Year.
But probably the main reason is that Interest Rates are at a 7 Year High.
 High Interest Rates combined with Higher Home Prices 
lead to more Unaffordable Mortgage Payments.
 
I still think we will see the usual Rise in Prices this Spring as 
the Raider's start looking ahead to where they want to live in Las Vegas. 
Most likely in Henderson or Southern Highlands near the practice building.
 

 

 

 
 
Blog Archive
2019-10-04 14:35:48
What is Your Money Worth to You?

2019-09-07 09:46:33
Interest Rate Below 3.5% - Big Deal...

2019-07-09 18:29:00
Las Vegas... Let's Look at Some Statistics

2019-05-03 15:08:56
Prices are Going Up... Time to Take Advantage of recent price reductions!

2019-05-03 15:04:43
Prices are Going Up... Time to Take Advantage of recent price reductions!

2019-03-27 16:47:10
The Perfect Storm... Now is the Time...

2019-02-26 16:52:20
Switching to more of a Buyers Market, but for how long?

2019-01-17 15:49:44
Short Term Rentals - Good or Bad...

2018-12-14 16:36:25
The 'Mother Load' of All Las Vegas Economic Statistics

2018-10-08 16:42:46
Home Prices Falling and the Market Slowing...

2018-09-05 14:24:42
Nevada's Population Growth leads to Higher Debt

2018-09-05 14:14:20
A Strong Economy Leads to a Strong Housing Market and Consumer Spending

2018-08-23 17:46:27
A Market Slowing Down, a Crash or a Seasonal Trend

2018-07-11 16:34:11
California to Limit Water Usage to 55 Gallons per Person per Day

2018-06-25 17:47:21
Home Values going Up, Rents going Up... but Las Vegas is Still Affordable

2018-05-31 13:49:48
Find Relief from High Taxes in Las Vegas

2018-05-02 12:09:41
Las Vegas is Growing Fast - what can slow it down?

2018-04-10 14:23:35
Las Vegas Projects Strengthen Our Economy

2018-03-13 15:00:48
All Signs look good for The Las Vegas Economy and Housing Market

2018-02-21 14:39:38
Mortgage Rates Jump Up to 4.5%

2018-02-14 14:47:57
High End Homes are on the Rise

2018-01-23 18:31:38
Strong Buyer Demand Pushing Real Estate Prices and Pace

2018-01-09 11:42:02
New Tax Law to Affect less than 2% of Clark County Households

2017-11-29 18:45:45
New Homes are Helping Ease Rising Home Prices

2017-10-25 14:29:42
Stats from The LVCVA Look Good for Las Vegas

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