Las Vegas Real Estate Blog

Should You Update Your House Before Selling? Ask a Real Estate Professional. [INFOGRAPHIC]

/userfiles/742/image/Should_You_Update_Your_House_Before_Selling_spring 2022 seevegashomesSome Highlights

  • If you’re deciding whether you should make updates before you sell your house, lean on your trusted real estate advisor to be your guide.
  • In today’s sellers’ market, buyers have limited options and may be more willing to take on repairs themselves.
  • If you’re thinking about selling your house, let’s connect so you have expert advice that’s customized to your home and our local area.
...

Are There More Homes Coming to the Market?

According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today.

If you’re looking to buy a home, you may have noticed this yourself. But there is good news. Recent data shows more sellers are listing their houses this season, which may give you more options for your home search.

Early Signs Inventory May Be Growing

The latest data from Las Vegas REALTORS® (LVR) shows the number of listings coming onto the market, known in the industry as “new listings,” has increased since the start of the year (see graph below):

Las_Vegas_Market_Update_April_2022_jasmine_bega_seevegashomes

We had more homes available for sale in Las Vegas than we had the previous month and the previous year. By the end of April, LVR reported 2,441...

Current Mortgage Rates as of May 5, 2022

Current_Mortgage_Rates_as of May 5 2022 seevegashomes

When it comes to mortgage rates, it’s all about perspective. Even with mortgage rates rising, buyers can still secure a rate that’s lower than several of the past decades. But experts forecast rates will continue rising, so acting soon may be your best bet. Message us so we can discuss how rising rates should factor into your homebuying goals.

...