Real Estate Market Shift FASTEST EVER Recorded! State Of The Market Update
An update on the quick shift in the real estate market and what you can do and how to be prepared for the coming opportunities.
As your real estate professional, I want to give you an update on what is going on in our Southern Nevada real estate market. It’s changing, and it’s changing faster than we’ve ever seen. Watch this video update on YouTube.
The market is shifting, and it’s shifting fast. It’s actually shifting faster towards a buyers market than any point in recorded United States real estate history. I’ve researched the data and have had conversations with people who have been in the business for decades - and they concur.
One of the biggest reasons why we had an absolute boom, with home prices appreciating at unprecedented numbers was due to the extremely low inventory and low interest rates or cheap money, which created a bidding frenzy. One of the biggest factors in that price appreciation was wall street hedge funds, private equity & foreign investment syndicates.
If you have any questions or need anything at all, our family real estate business is here to help. Do not hesitate to contact me, my contact information is below or respond to this e-mail.
I will provide an update on the subject once we receive the national and local numbers for July, 2022.