Las Vegas Real Estate Market Update (May 2018)

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In this months video, Bryan covers the typical analytics while providing insight as to how the market is performing.
Intro
Last Months Sales
Median Home Values
Current Inventory Levels
Breakdown Of Inventory
Wrap Up
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Bryan Lebo
702-501-6345
bryan@lebogroup.com
www.lebogroup.com

Опубликовано:

13 окт 2024

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Комментарии : 11

@bucklejoerf439 6 лет назад

Thanks for posting these videos. They are very insightful and you do a great job. Thanks again.

@dynhamik 6 лет назад

Thanks for this. Makes me so excited to sell my home this summer.

@danimoney3087 6 лет назад

Thank you Bryan ! as always brilliant , clear and interesting video . As they say real estate is local Vegas on fire and NYC sinking in huge amount of vacancy that is still going to rise substantially in the next 6 months and the sales and rental markets are dead

@jenniferf.2727 6 лет назад

New homes in Lake Las Vegas are sitting for over a year

@DavidSullivanSEO 6 лет назад

In escrow on a new home now. It is a better value than the other 100 used listings.

@leboknows 6 лет назад

"Value" is only what people are willing to pay vs. the cost. I'm glad you're happy and hope that you don't need to sell in the next few years. IN the end, you have to be happy... New homes are just a very risky investment right now... Once you live in that home its no longer "new" and then it competes with all of the resale homes on the market. Very different ballgame when the market slows down and buyers compare "values".

@leebarnes4911 6 лет назад

I own a 2100 sq ft home in Centennial Hills 5bd/3ba. Should I sell now or wait?

@vinnie92703 6 лет назад

SELL

@leboknows 6 лет назад

Hey Lee... Sorry for the delay... Well, its never that simple... The question is, "where do you go from here". So I can't answer it... If you're looking to move out of state in the immediate future then be safe and sell now... If you're simply going to repurchase in Las Vegas just sit tight. I don't see a crash and not even sure about a "correction" at this current time. More like a "plateau" next year or 2. Not worth selling and jumping back in. Sell and lose 6% of your equity.. Then rent and lose the tax write off. Just to jump back in and hope the prices went DOWN 10%+. Bad bet.. I think there's a little bit of a run left to go... Say another 10% before we flatten out....

@Sharon-pb7so 6 лет назад

We want to buy in Las Vegas very badly but we're going to take a risk and wait and watch. This bubble can't continue and with lenders giving mortgages to people who only put 1% or 2% down, which is totally irresponsible, those buyers are going to default. It's almost a guarantee. So we'll watch and wait and jump in with both feet when the bubble bursts. I'm thinking it'll happen in a year to 18 months. Fasten your seat belts because it's going to ugly.