Posts with tag 'Home Selling'
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11
Why Now's Not the Time To Take Your House Off the Market
Has your house been sitting on the market longer than expected? If so, you're bound to be frustrated by now. Maybe you're even thinking it's time to pull the listing and wait to see what 2025 brings. But what you may not realize is, the decision to hold off could actually cost you. Here's a look at why staying the course could be the smarter move.
Other Sellers Are Pulling Back. Should Yo...
27
Falling Mortgage Rates Are Bringing Buyers Back
If you've been hesitant to list your house because you're worried no one's buying, here's your sign it may be time to talk with an agent.
After months of high rates keeping buyers on the sidelines, things are starting to shift. Rates are already coming down due to a number of economic factors. And yesterday the Federal Reserve cut the Federal Funds Rate for the first time since they began raising that rate in March 2022. And while they don't control mortgage rates, this sets the stage for mortgage rates to fall even further than they already have – especially since more cuts from the Fed are expected into next year. And lower
26
Aviation-focused home in Henderson with 30-foot ceilings on market for $18.5M
Aviation-focused home in Henderson with 30-foot ceilings on market for $18.5M
A custom-built house perched high above the lights of the Las Vegas Strip has gone on the market for $18.5 million.
Located in the Dragon's Reserve in MacDonald Highlands community of Henderson, the property has seven bedrooms over 10,067 square feet. It was built...
26
Monthly Las Vegas Valley Real Estate Market Update
December brought with it some excellent signs for the market, and more good news on interest rates than we've seen in the past year and a half. While the FED has not actually lowered their prime interest rate, they have signaled that they intend to lower interest rates 3 to 4 times in 2024 with the first one expected in March. Despite the fact that the prime rate has not actually been lowered, mortgage interest rates have already moved down around a full percentage point from November, brining an average savings of $400 per month to buyers on a median priced mortgage. This has already led to a rise in pending sales in December, despite the holidays, a great sign that activity is likely to continue to pick up earlier than normal this year.
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