BLog

2.2023
Stacy Sheeley

What happened in the Las Vegas real estate market in February 2023?

The local Las Vegas housing market is much more balanced now than it has been in recent years.  Instead of sellers having full advantage, buyers are now in a better position, since prices have stabilized and we have more homes on the market. We’ve seen two straight months of stable home prices.  It was encouraging to see sales increase from January to February, while new listings continue to decline. Even with mortgage interest rates reaching 7% recently, this shows a strong underlying interest in owning a home here in Las Vegas. Median Home Price $424,995 -5.6% from February 2022 Homes Sold

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photo market report
Stacy Sheeley

2022 Year in Review – Las Vegas Housing Market Update

Year-End Summary We ended 2022 at the same median sales price of $425,000 that we ended with in December of 2021.  Besides entering what is usually the slowest time of year for the housing market, rising mortgage interest rates have caused a contraction of sales. At the same time, we know that the housing market is cyclical and that the bottom is not falling out.  This would be indicative of the median sale price being close to what it was at pre-pandemic levels. With prices leveling off and more homes available for sale, we’re seeing a more balanced market that makes

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buy a home pic 1
Stacy Sheeley

2023 Goal: Buying a home?

Set your goals: Whether you’re starting to look or just toying with the idea of buying next year, you’ll need to prepare before getting serious. Tackle these 10 steps now so you’re ready when the time comes. For the first time in years, home buyers are shopping with more time and bargaining power, and even price cuts in some areas — meaning you may be facing less competition on that home you’ve been eyeing. If that’s inspiring you to make your home buying goal a reality, it’s time to get prepared.  Having your finances in order and a robust home buying team

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Stacy Sheeley

Stark White Everything Is Out: New Kitchen Trends

The hottest trends and top design features that Buyers are looking for most. Cabinets go dark The color white is no longer a staple.  Moody hues like matte black, navy, forest and olive green dominate.  They give space for the homeowner to express their unique taste.  Warm, earthy tones of the 70s are back in style.  Behr Color Trends 2022 Invite nature in with natural woods Wood tones are coming back, however, the natural wood and not your Grandma’s honey oak cabinets.  Designers are sticking with softer hues and white oak in particular.  White oak pairs well with other organic

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