Coldwell Banker Premier Realty

November Residential Market Report

A look into October's Data
Posted by John McClelland on November 30, 2015 in No Category
 y The crisp weather has arrived in Las Vegas and with it came more news of stability in our real estate market. Enjoy the November Real Estate Report and the Monthly Minute Market Update video below.As we all prepare to close out 2015, it’s a great time for a real estate check-up – whether you’re relocating, considering selling, buying or just want to know what your home is worth after a year’s worth of a... read more
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Scenarios Following a Rate Hike

Leaving the zero-bound makes for lots of questions
Posted by John McClelland on November 23, 2015 in economy Federal Reserve housing Las Vegas mortgages Real Estate Fundamentals sensitivity of housing demand
With the December Federal Open Market Committee meeting drawing near, it is useful to revisit some of the themes that may play out and offer a little background on the Fed policy rate, mortgage rates, housing price and commercial property value sensitivity to shifting rates.Bloomberg notes that Federal Reserve (The Fed) policy makers inserted language in the October statement that indicated that it might be time to raise the benchmark lending rate in December, reiterating that these increases would be gradual. No... read more
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October 2015Following a significant increase in single family home prices over the summer, recent price growth is more tempered and flattening.  In our opinion, this pause in price growth is welcome since we do not want to see prices exceed the basic fundamental measures that drive the market long-term.  We typically see closings subside this time of year and 2015 continues this pattern, however, both escrows opened and the number of closed ho... read more
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While everyone else is out on vacation during the holidays you can count on your Coldwell Banker Premier Realty agent to be working hard on your behalf.  You can see here exactly why NOW is in fact a great time to list your home for sale! You can see here from this chart that in fact November and December are GREAT months to list your home with your Coldwell Banker Premier Realty agent! ... read more
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