Here in Nevada we have a tax abatement program that applies to all residential properties. If you are an owner occupant, the cap on year over year assessments is no more than 3%. If the home is an investment that cap is 8%. The question we are discussing is about how the assessor calculates the tax on a new construction home. New homes don't qualify for the abatement and the tax on the Continue Reading
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July 2021 Monthly Market Update!
Stay tuned to hear July's numbers for Harvey Blankfeld's Monthly Market Update here in Las Vegas, Nevada. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Continue Reading
June 2021 Monthly Market Update!
Stay tuned to hear June's numbers for Harvey Blankfeld's Monthly Market Update here in Las Vegas, Nevada. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Continue Reading
May 2021 Monthly Market Update!
Harvey goes over the monthly market update for the month of May! You'll be surprised that there is more inventory. Stay tuned to hear more about these new stats! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Continue Reading
April 2021 Monthly Market Update!
Harvey goes over the numbers for April, and it shows that we are up in inventory from last month! Stay tuned to here more stats! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of Continue Reading
March 2021 Monthly Market Update!
You can't make these numbers up! The available single family properties are 1,908 compared to last year we had 6,152. Stay tuned to hear more about the market stats for March! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Continue Reading
February 2021 Monthly Market Update!
The inventory is very very low! Only 2,653 single family homes on the market. It might be the lowest number I've seen since 2006. Sold in the last 30 days were 2,800. We have more homes under contract than that are available. Take a look at the stack chart of the SFH through out the years. Stay tuned to learn more! Subscribe to our channel to get the updated market trends each month for Las Vegas, Continue Reading
January 2021 Monthly Market Update!
Charts on the radio! For the month of January 2021, we had 4,336 SFH on the market, last month we had a little less inventory at about 3,987. While we have 5,122 under contract for this month and 5,252 for last month. Where as last year we were at 3,039 under contract. The chart shows that from 2019 to 2020 we have sold nearly the same amount of homes. We have the smallest amount of Continue Reading
Weekly updates on Southern Nevada Housing Market -11/19/2020
Let us start crunching some numbers, here we go! So, for November 19th and again this just single-family homes. Currently on the market we have 4,545 homes and down by 129, inventory keeps shrinking. In escrow the last 7 days we put 829 homes in escrow, and we closed 774 and both of those numbers are up from last week. We saw 166 homes withdrawn its been floating in the mid one hundred for a long Continue Reading
Weekly updates on Southern Nevada Housing Market -11/12/2020
There are no surprises once again inventory continues to decline, and we have seen it go down another 140 homes this week and went down 175 the previous week. We have 4,674 single family homes on the market and that is down significantly from back earlier this year. We put 808 homes in escrow and closed 605 and we saw 160 homes get withdrawn from the market. Median sold price was at $344,876 and Continue Reading
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