• w-facebook
  • Twitter Clean
  • Google Clean

© 2023 by ​MCDONALD&HARRIS. Proudly created with Wix.com.

Featured Posts

U.S. Home Prices Up 6.3%, Vegas Up 11.6%

April 25, 2018

 

According to an AP report February home prices jumped upwards 6.3% nationwide.  In a report from S&P Corelogic Case-Shiller home prices are up due to rising demand and lower availability.

 

The report says the top 3 cities for price appreciation are Seattle (12.7%), Las Vegas (11.6%) and San Francisco (10.1%).

 

As jobs increase more people are working and the demand for homes is increasing.  However, as mortgage interest rates increase homeowners are less likely to sell.  This is creating a bind in the marketplace and a rise in home prices.

 

Las Vegas is a growing city with an ever improving employment base.  The demand for homes is increasing and yet the available homes are decreasing.  This is the cause of the rising prices of homes in Vegas.

 

Read more here:

 

https://www.reviewjournal.com/business/housing/us-home-prices-up-6-3-percent-in-february-higher-in-las-vegas/

Please reload

Recent Posts

Real Estate Can Boom If Interest Rates Stay Low

August 25, 2014

1/7
Please reload

Please reload

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square
Please reload