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The Right Time to Buy? Snapshot of the Las Vegas Housing Market
Manage episode 360136449 series 3443111
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We are kicking off a series of episodes this month dedicated to our favorite topic: Real Estate! As leaders of the Pucci | Ramos Group at Simply Vegas, we think it's an important time to get you updated with the most recent statistics, reports, and market indicators ahead of the Spring selling season.
The most recent Case-Schiller Index reports home prices declined for the last seven months nationwide, leading Robert Schiller to suggest that if you're in the market to buy a home, you might want to wait six months. But we break down why this statement may not be true in Southern Nevada, where our median home price has only declined *5 dollars* in the past two months.
We talk about some of the deals we've been catching for our current buyers, and describe the pulse of the market as professionals helping people invest in real estate.
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