March 2024 Las Vegas Housing Update

Vegas Realty Check

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Ever wondered how the Las Vegas real estate market maneuvers through the vibrant spring season, even in an election year? That's exactly what we're tackling on Vegas Realty Check with hosts Trish Williams and Tiana Carroll. We're peeling back the layers of the current market landscape, with a special focus on the impact of low inventory—a mere 3,300 single-family homes available—and the effects of lingering skepticism around federal interest rate promises. Plus, for those who aren't avid sports fans, we still examine how the city's expanding sports scene is influencing the real estate market.
Asbestos might just be the real estate equivalent of a serpent lurking in your living room—alarming and not to be ignored. We're cutting through the myths and highlighting the importance of proper asbestos education. If an older home has caught your eye, we'll guide you through the must-knows of testing and safe renovation practices to keep that spine-tingle at bay. And we don't shy away from discussing the newly minted California law mandating contractor and renovation documentation for homes sold within 18 months; a law that resonates with our own experiences of spotting those glossy but shallow house flips.
Wrapping up, we put the current market trends under the microscope. The contrasting paces of sales for single-family homes versus condos and townhouses are up for discussion, and we're unpacking the truth behind sellers clinging to ambitious price tags. We're serving up real insight on why pricing it right is the golden ticket and what the significant percentage of homes selling in under 30 days means for you. Arm yourself with knowledge and strategy from this episode of Vegas Realty Check, because whether you're a battle-tested investor or stepping onto the property ladder for the first time, knowing the market's pulse is crucial.

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Welcome to Vegas Realty Check, the informative podcast that dives deep into the world of Las Vegas real estate.

Our expert hosts break down the complexities of the ever-changing Las Vegas property market, analyze market trends, economic indicators, and unique property features to provide you with valuable insights on timing your home sale or purchase.

Don't miss out on the fun! New episodes drop every Thursday! Stay in the know about Las Vegas real estate with insights straight from the pros . Thanks for watching, listening, and sharing!

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Chapters

1. March 2024 Las Vegas Housing Update (00:00:00)

2. Las Vegas Real Estate Market Update (00:00:16)

3. Real Estate Regulations and Renovations (00:09:03)

4. Real Estate Market Analysis and Trends (00:16:06)

5. Real Estate Market Trends and Analysis (00:22:15)