Median price doesn’t measure home price gains, losses. What does?

masouds Las Vegas Homes and Condos Blog, Las Vegas Real Estate Market Analysis Blog Leave a Comment

One of the most significant errors made about housing market reports is that they mistake price per square foot ratio of sold homes with the median price.  “Las Vegas home prices set record in June as sales rebound,” wrote Las Vegas Review-Journal on July 7th. The reason is that the …

Silly low-ball offers on our Las Vegas home listing

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Unfamiliarity with the housing market reports result in extremely silly low-ball offers on Las Vegas home listing In a Realtor’s forum, I saw a post from a Realtor complaining about a new home salesperson refusing to show her offer to her supervisor, saying that she did not doubt that her …

Pros and cons of mortgage forbearance of 2020

masouds Las Vegas Homes and Condos Blog, Las Vegas Real Estate Market Analysis Blog 1 Comment

What is a mortgage forbearance, and what is it not? To protect homeowners from the Coronavirus hardship the United States government came up with the CARES Act, which includes six months of forbearance for a government-backed mortgage loans, which is extendable by another 180 days. As of June 3, 2020, …

The best time to buy or sell homes in Las Vegas, video

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Obviously the best time to buy homes in Las Vegas is the worst time to sell them. But when is it? There is actually a best time to buy or sell homes in Las Vegas. Throughout the years we have done thousands of quick CMAs to find the best priced …

Our Las Vegas MLS search is down

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Our Las Vegas MLS search stopped functioning after moving to SSL to secure the website Update: Thank GOD, our MLS IDX is fixed and functioning. I am not sure if you have noticed that we added a Secure Socket Layer (SSL) to our website in order to secure it. However, …