The housing industry in Las Vegas continues to bounce back from the recession thanks to low interest rates and affordable home prices. The typical real estate market in Las Vegas is very fast-paced and competitive, so many realtors are happy to see this type of market returning because it can...
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San Diego Housing Market still Seeing A Gradual Recovery
The number of home sales in San Diego County increased sharply in March following the typical trend of increased homes sales at the beginning of spring. Almost 20,000 new and existing homes and condos were sold in Southern California, which is almost a 3% increase year-over-year. This makes it the...
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Legislators Cut Foreclosure Bill Saying It Adds To Overregulation
Many of Colorado’s legislators are getting tired of laws trying to change the state’s foreclosure process and that’s why House Bill 1156 was cut a few weeks ago. Even after hours of debate, most of the time in favor of the foreclosure bill, it was killed by legislators that believe...
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Tightening Supply + Increasing Prices = Seller’s Market
It seems like just yesterday the housing market in the Denver area was a buyer’s market. Now, however, the story in some neighborhoods and price ranges is completely different. Many realtors are reporting that sellers are receiving multiple offers on their homes with some offers being above their asking price....
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Housing Inventory Continues To Decline
Housing inventory for single-family homes in the Las Vegas area continued to decrease in March, dropping down to below 5000 homes on inventory (not including contingent or sale pending homes). The supply would last about six-weeks if homes keep selling at the current rate. Last March there were a little...
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