Las Vegas Homes For Sale - Crazy!
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7 ай бұрынLas Vegas Homes For Sale - Crazy! The current US real estate market, and notably the Las Vegas real estate market, is facing an unprecedented challenge of being overpriced. Las Vegas homes for sale have seen a crazy surge in prices since the pandemic, creating a scenario where many potential buyers find themselves priced out of the market. The demand for Las Vegas homes for sale has been driven to remarkable heights by factors such as historically low mortgage rates and an influx of out-of-state buyers. This has created a crazy competitive environment, further inflating the prices of Las Vegas homes for sale. Prospective homeowners are facing the daunting reality that owning property in Las Vegas has become a crazy dream for those with average incomes, as the premium on Las Vegas homes for sale continues to escalate. However, as interest rates now exceed 8% and are at 23 year highs, the tide is starting to turn and home prices are slowly starting to decline. You now need to earn over $111,000 per year just to afford the average price home in the US. The absurdly high costs associated with Las Vegas real estate have ignited discussions about the sustainability of this trend and the urgent need for measures to enhance affordability. In the midst of the current housing frenzy, the issue of overpriced Las Vegas homes for sale stands as a glaring challenge in the broader US Real estate market. Many housing forecasts are predicting home prices to decline in 2024 as interest rates continue to climb along with other worrisome global economic factors. As a potential home buyer, being patient and waiting for prices to decline is a wise option, especially if you're thinking of buying one of the many Las Vegas homes for sale.
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Summit Properties
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@lasvegasliving9237 7 ай бұрын
The current US real estate market is grappling with significant issues, and one of the prime examples of this challenge is the overpriced Las Vegas real estate market. Home prices had been trending higher over the summer due to low inventory but that is now starting to change as inflation and interest rates continue to surge higher. Continual higher interest rates has created an ongoing affordability issue putting most home borrowers at 8% mortgage rates and higher. You now need to make over $111,000 per year to afford the average home in the US. This is going to weaken buyer demand as interest rates remain elevated for longer periods of time. Home prices, specifically in Las Vegas, are likely to decline further as many homes are still overpriced. This could take well into 2024 before we see meaningful home price reductions throughout the country as well as Las Vegas. As a local Las Vegas realtor, I help people make the move into Las Vegas all the time. Reach out to me anytime if you're considering moving to this beautiful city. It would be my pleasure to help you find your perfect Las Vegas dream home. Jerry Abbott - REALTOR Summit Properties Call/Text: 702-550-9658 Email: jerry@jerryabbottrealty.com Website: jerryabbottrealty.com
@youngsuh9271 7 ай бұрын
Curious as to your thoughts on what foreseeable catalysts could accelerate price declines. For example, if it's true that hedge funds like Blackrock have purchased huge portfolios of homes, once it becomes clear the downside risks are just around the corner it seems like they will be selling and prices will take a hit.
@lucken13 7 ай бұрын
My youngest son is a realtor in Vandalia, IL! When over for lunch the other day, we talked about this! The rural areas are a bit more stable, even with us heading into winter, he is staying busy!!!
@Jose-sy1je 7 ай бұрын
But how do you address the supply issue? Existing homeowners are locked into record low rates and super high equity. So they won't sell. All there is left are the few homes that are for sale and they find demand for those. That keeps the price up. And once interest rates come down more people will enter the field. How do you win in that situation?
@JohnR767400 7 ай бұрын
All this nonsense could have been avoided if the real President was in the White House! The Resident Biden is a fraud and the administration is a JOKE! TRUMP WON and he will be back next year to correct the non-sense that took place the last 3 years. We are living in disgusting times and it needs to stop!
@yl6128 7 ай бұрын
TIP REPLY: that guilt trip with the tip gets me when using my credit card, especially when i see a young person working behind the counter. when i'm paying with cash, i feel less guilt so i may start paying more with cash now. either that or i just need to say screw it, and pay no tip as a heartless human being.
@Susanhartman. 7 ай бұрын
I was at the gas station and noticed a car full of belongings and a lady with her dog. I gave her $20 and she just started bawling and was extremely grateful. When I was in my 20’s I was homeless for 2 months and lived in my car. I know how it feels to be in that situation.
@JackBJacobs233 7 ай бұрын
I always wonder how can the typical family with average income afford a higher rate+ more expensive home? in my area multi generational home is becoming the norm . Don’t forget to add the inflation which just this week was 9.1 on the CPI , producers index 11.3, it’s going to be a rough ride for sure
@ThomasChai05 7 ай бұрын
This is why being informed pays off. I see any financial market condition as a plethora to make wealth. I had my $80k diversified and it has grown by 3x in the past 7 months with compounding, venturing doesn’t necessarily boil down to funds but you also have to be informed, be patient and back it up with good guidance
@mikegarvey17 7 ай бұрын
@@ThomasChai05 How did you get that, i'm pretty sure its not through the financial market because its punching everyone in the balls every single day.
@ThomasChai05 7 ай бұрын
*Camille Alicia Garcia* is my adviser and she is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further.
@Grace.milburn 7 ай бұрын
Insightful... I curiously looked up her name on the internet and I found her site and i must say she seems proficient, wrote her an email outlining my objectives. Thanks for sharing.
@stanislouse4168 7 ай бұрын
That's what they said last year. The prices have doubled with no crash in sight. Companies own EVERYTHING and are grinding the populous INTO THE GROUND.
@lasvegasliving9237 7 ай бұрын
It has been a couple of very difficult couple of years in the residential real estate market because of such large investors buying thousands of homes. It should never be allowed. We need to institute laws to prevent this from happening down the line.
@HiddenAgendas 7 ай бұрын
@@lasvegasliving9237 funny how America passed a bill banning "Chinese buyers" while blkrock and blkstone laughs all the way to the bank
@CaptainCaveman1170 7 ай бұрын
Prices peaked in May/June 2022 and have been in a downtrend ever since. Don't confuse the unusual seasonal uptrend in prices of early 2023 with a recovery...that was ALL due to artificial supply constraints that are mathematically and demographically unsustainable.
@lasvegasliving9237 7 ай бұрын
@@CaptainCaveman1170 Dead cat bounce IMO. Prices heading down.
@Typical-gamer-dad 7 ай бұрын
Watch 2024, no crash. Just current seasonality. 2025 fed pivots. What then? It’s like people are dying for an economic crash. I just don’t see it. Where are the millions of homes that flood the market for a crash?
@tims708 7 ай бұрын
Thanks for the scoop again! Tipping? I have always been a very good tipper, but damn, this automatic tip slapped onto bills is really turning me off.
@lasvegasliving9237 7 ай бұрын
I find the forced tipping situation to be bad business. Most people have tip fatigue and already are struggling with costs.
@RoadRushNation 7 ай бұрын
We never put a tip on a card anymore. We hand cash to the server. This way the server gets the whole amount of the tip and we tell them it's a gift not a tip. That way they don't have to report it as income. The forced tips are out of control and not going to the servers who actually earned it.
@lasvegasliving9237 7 ай бұрын
That seems to be the consensus opinion here in the comment section.
@Cody62 7 ай бұрын
Great presentation. My mother lives in Henderson. She is 92 and living alone with some paid help that comes in at set times to help her get around. We understand the real estate is cyclical. We have used the 7-year rule historically. But this run up has completely broken the mold! Prices must normalize at some point soon, otherwise, my children will only know the joys of home ownership if they obtain it by inheritance. And even then, the property taxes and insurance alone may become unaffordable for them to hold on to the property. It’s very sad what our politicians have done to destroy the American dream!
@lasvegasliving9237 7 ай бұрын
Thanks for sharing that information Cody. It is a very unfortunate situation that is currently happening to millions of people in this country. The people in charge don't seem to realize the damage they have created, especially since the pandemic came upon us. Hopefully things will get better but I'm not too optimistic right now.
@scbrennan2039 7 ай бұрын
Thank you LVL for all of your content! 😊
@lasvegasliving9237 7 ай бұрын
My pleasure. Thank you for watching and the support!🙏👍
@noirfilm496 7 ай бұрын
Agree, guilting into tipping for food pick ups is annoying. What's next? Grocery and other retail stores asking for tips at check out?
@lasvegasliving9237 7 ай бұрын
No kidding! It's bad business. People now have tip fatigue. Thanks for commenting.
@user-sd5ow2lz9o 7 ай бұрын
At military grocery stores, baggers have always had to work for tips only, they are not paid a salary at all! But the community knows this, and hopefully tips them adequately, if not generously! But many food workers are paid very poorly still, and although they don't need higher education to work those jobs, it is still difficult many days dealing with our ever more demanding, rude and often dangerous pubic and all to often unsupportive bosses, so those who can should tip in as many situations as possible, in my opinion. But it would be better for all if we changed and just paid all workers a living salary and a costs would be higher, the custom of some workers having to depend on the generosity of customers could be eliminated altogether!
@lasvegasliving9237 7 ай бұрын
@@user-sd5ow2lz9o Thanks for sharing. That would be ideal but unlikely to happen anytime soon.
@noirfilm496 7 ай бұрын
I don't know about military stores, but everyone deserves living wage and not be reliant of Tips to survive. PS, I do my own bagging 90% of the time and provide the bag. Maybe that's a CA thing.@@user-sd5ow2lz9o
@vayduong6806 7 ай бұрын
Great realtor thank you for being honest. The last honest realtor is still alive.
@lasvegasliving9237 7 ай бұрын
Thank you! I very much appreciate the support!🙏👍
@MJ-ge6jz 7 ай бұрын
When I pickup food with my transportation I tip myself.
@ricliu4538 7 ай бұрын
💯💯
@lasvegasliving9237 7 ай бұрын
Lol...good one!
@vnventure 7 ай бұрын
I don't tip for takeout and I don't feel guilty for that. I do not get tips for doing my job, even though I am helping people as well.
@lasvegasliving9237 7 ай бұрын
Many people feel the same way as you do. People are not happy to be forced or guilted into tipping for such little service.
@majic5zero 7 ай бұрын
Regarding the restaurant tipping situation: Here in the Honolulu suburbs, where we live, what we can whip up from our trip to the grocery store is sure looking more attractive (price-wise), than what the delivery driver brings to our door. Homemade is definitely winning out over home delivered. So, here's a "tip" for you. Eat at home more, instead of eating out. It will be better for your health...and your wallet.
@srfpunk8207 7 ай бұрын
Home cooked meal always the best. 🤙🏽
@lasvegasliving9237 7 ай бұрын
Sound advice but unfortunately many people will not follow that.
@lasvegasliving9237 7 ай бұрын
@@srfpunk8207 Good point! True!🤙
@ChrisHodges87 7 ай бұрын
Happy to support your channel. I was born there and still check in once in awhile.
@lasvegasliving9237 7 ай бұрын
Thanks so much Chris!🙏👍
@lloydmorrison7716 7 ай бұрын
I was ask to choose my level of tip from 10 to 30% before they even let me pay for my food let alone allowing me to evaluate their food or service! Before you could proceed to pre-pay for your food, you had to check a tip box, and there was no zero tip option. I almost walked out.
@lasvegasliving9237 7 ай бұрын
That is just absurd!
@LandaverdeJR 7 ай бұрын
Prices are not falling, overpricing is; because of 8% interest rates. But as soon as interest fall, the prices will begin to increase again.
@CaptainCaveman1170 7 ай бұрын
The one and only reason for rates to fall is because a recession is taking hold. So no, that relationship is now broken and it was broken by the arrival of inflation.
@lasvegasliving9237 7 ай бұрын
Interest rates are not going to fall anytime soon in my opinion. If they do, it's because the economy is suffering and consumer spending has considerably fallen off.
@lasvegasliving9237 7 ай бұрын
@@CaptainCaveman1170 Good point.👍
@LandaverdeJR 7 ай бұрын
@@CaptainCaveman1170 there is NO recession happening, maybe a slow down but recession is 2 consecutive negative gdp reports. That’s not happening.
@LandaverdeJR 7 ай бұрын
@@lasvegasliving9237 but elections are coming and people like Elon Musk and other tech CEOs are pushing for interests to come down. Politicians will cave in and lower them to keep their donors happy.
@TuanNguyen-yc4wz 7 ай бұрын
Professional and Excellent job done. I’m always watching your Video. Thank you very much 👍🏆💰😊🇺🇸
@lasvegasliving9237 7 ай бұрын
Thank you so much! I appreciate the support!🙏👍
@user-ke9yk5qp3u 7 ай бұрын
Very informative video! Thank you very much.
@lasvegasliving9237 7 ай бұрын
Thanks so much !🙏👍
@beaumac 7 ай бұрын
Monthly payments continue to rise even with lower purchase prices. If the rates are decreased, the purchase prices will surge. Either way the monthly payment continues to increase. I’m worried people are going to get wrecked if they wait for some price crash that never materializes.
@CaptainCaveman1170 7 ай бұрын
Buy now or be priced out forever! They're not making any more land you know! There's an undersupply if homes in America! 😱😨😱😨😱😨😱
@lasvegasliving9237 7 ай бұрын
What we need is lower home prices because of these higher interest rates. Then we need rates to drop to allow affordability to come back into the mix. It remains to be seen whether or not that will materialize but this current market is unsustainable and inadvisable to enter at this point IMO.
@beaumac 7 ай бұрын
I agree that is what we need. But if we look at unaffordability in Sydney, Auckland, Toronto, Honolulu, or almost all of California, it could get a LOT worse for affordability here in Vegas. Unfortunately, we will attract buyers from these sorts of markets where our house prices are actually very afforable comparing to where they are now. @@lasvegasliving9237
@johndonovan7018 7 ай бұрын
waiting yourself out of any chance to buy something. yep.
@jamesmurphy6169 7 ай бұрын
😄 I've seen some reality creep into Zillow but still see prices seen in the examples. I had a Pizza place that I was picking up my order. They showed me the charge and " suggested tip " so I tipped 50 cents. The cashier, when she saw how much, said " why bother " and I responded I tip for services rendered. Putting my Pizza in a Box and ringing me up is worth 50 cents to me. Next time she never did the " tip suggestion ". Thanks for the Voice of Reason in the Sea of deception Jerry.
@lasvegasliving9237 7 ай бұрын
Lol...thanks for that feedback James. I don't mind giving a tip but the way all these restaurants force it upon you on takeout now is absurd. People don't like it. Thanks for the support!👍
@paulinoacenas4492 7 ай бұрын
As always you did excellent job. Keep it up!!!❤
@lasvegasliving9237 7 ай бұрын
Thanks so much!🙏👍
@Amulek293 7 ай бұрын
Appreciate the honest information on the market👍
@lasvegasliving9237 7 ай бұрын
Thanks so much for the support!🙏👍
@charlesjohnston1506 7 ай бұрын
Thanks, Jerry. Always good information. Question: What do you think about big banks increasingly closing people's accounts without warning?
@lasvegasliving9237 7 ай бұрын
I have not heard about that regarding the banks. That would be headline news if that was happening. Thanks for the support!🙏👍
@candaceedwards5713 7 ай бұрын
Enjoyed your video today! I used to work in the service industry: restaurants, hotels, and like every other industry, we used to have wages that were on par with living expenses, plus incentivized commission and/or upsale programs that benefited the customer, as well. Now businesses just want to pass all that off on the consumer, with less and less value for both.😮
@brasilgirl2848 7 ай бұрын
Nobody’s pay is on par with living expenses. That is why I don’t even go out to eat anymore. The cost has tripled,especially and my pay has stayed the same.
@lasvegasliving9237 7 ай бұрын
Thank you Candace! It is very unfortunate what businesses are doing today and also very transparent. It's always about greed, greed and more greed. Thanks for watching and commenting.!🙏
@CaptainCaveman1170 7 ай бұрын
I appreciate your format. Short videos that cover a whole lot of ground. One of the things I dislike the most about people who are still arguing against the (already visible) slide in prices is when they try to break up the market into three segments and say "this will happen above the median, but below the median this won't happen"...as if there were walls between certain segments. While for some unique enclaves this isolation may apply, the overall RE market represents a fairly smooth gradient of quality and prices, so whatever happens to one "segment" does in fact have knock-on effects on the "segments" that are above and below it.
@lasvegasliving9237 7 ай бұрын
Good point. As the old saying goes, a rising tide lifts all boats and vice versa. There will always be more sales at the lower price points compared to the higher ones but if we see an economic downturn everything will fall together.
@Natila-l 7 ай бұрын
Thank you for your honesty!
@lasvegasliving9237 7 ай бұрын
My pleasure! Thank you for the support!🙏👍
@MsLulu-jr4on 7 ай бұрын
Thank you, Jerry! What I’m hearing is we are going through hyperinflation (like in the 80’s but A LOT worse) because our currency is losing value. Interest rates in the 80’s were like 18%, BUT homes are much cheaper and were like 2-3X annual income. The interest rate we have now is not high. We were just comfortable with low interest rates for decades). What it’s outrageous is is the home prices are now like 10X annual incomes. It’s insane. Here is a kicker, the Fed just said Americans have more money in their savings now more than ever 😂. Sure easy for them to say when politicians make millions and live in gated communities comfortably in their mansions 🥲.
@jayce8001 7 ай бұрын
If that is the case, why are all currencies weakening against the dollar? I think the talk of the dollar devaluaing is propaganda to artificially raise inflation, so far to great and unfortunate success.
@HappierHeadstones 7 ай бұрын
@@DaleAl-lg4ulAnd where is this, we need to all move there?
@lasvegasliving9237 7 ай бұрын
I agree with you! The rates are high but the prices are just outrageous. Something is going to break soon and I believe it will be prices. Thanks so much for the support!🙏👍
@lasvegasliving9237 7 ай бұрын
@@jayce8001 That's because no other currency can still match the dollar but if the Fed keeps printing and BRICS gains more ground it could be a whole new ballgame.
@lasvegasliving9237 7 ай бұрын
@@DaleAl-lg4ul Good information! The dollar is going to keep losing ground if the Fed continues to print.
@davidgee6110 7 ай бұрын
Tipping for take out I like to opt out and leave 10% cash. Same for fast food counter service. Enjoy your channel every week. Regards from Central Coast California.
@lasvegasliving9237 7 ай бұрын
Thanks for sharing that and the support! Much appreciated!🙏👍
@yeshiwasengda1853 7 ай бұрын
Great video Thanks
@lasvegasliving9237 7 ай бұрын
Thank you! I appreciate the support!🙏👍
@raybirdsong2051 7 ай бұрын
Great episode. I worked in the restaurant business for 10+ years tips should be considered a gift not expected for takeout. to see Can’t wait for those prices to go down so more hard-working folks can have a home in America not just a dream.
@lasvegasliving9237 7 ай бұрын
Thanks for sharing your thoughts. Let's hope we see a strong housing correction soon!🤞
@scbrennan2039 7 ай бұрын
Restaurant tipping: I live in northeast where min wage is $15.00 at Dunkin or Starbucks, etc. I DO NOT pay any tip and Dunkin even says don't tip but employees are greedy. I tip 20% at a restaurant (unless service suks) where servers still don't get paid via minimum wage.
@jaypesos6788 7 ай бұрын
Let me guess your on a budget😂
@rubyannr6898 7 ай бұрын
Depends on the individual restaurant. My sister received server wages at DD and tips. It's a franchise 😢. I don't know if this changed with the newest wage laws though.
@Elhastezy888 7 ай бұрын
@@jaypesos6788 why is anybody being on a budget a laughing matter??
@admtahoe 7 ай бұрын
They are getting paid the minimum wage by the time you figure tips they are on average making more than that, of course tip earners don't like to count their tip as part of earning and many don't claim full taxes...We desperately need digital money so the tip earners can start claiming their fair share....but let's be real for a minute....If people were not making minimum wage they wouldn't stay with these jobs....It is THEIR CHOICE to stay there, I'm tired fo the whining about "we don't make minimum wage" then please, claim 100% of your tips and we'll see what the real story is.
@HappierHeadstones 7 ай бұрын
EXACTLY!
@carlportland 7 ай бұрын
Prices are not high - our money is worthless
@silvercommander 7 ай бұрын
Yep
@JohnnyD8656 7 ай бұрын
Made me LOL. This is true friend, but also prices are obviously high
@yeabuddy6070 7 ай бұрын
The dollar is crap now per the globalist plan.
@Zelielz1 7 ай бұрын
Both.
@put04life14 7 ай бұрын
“ who’s face is on the coin? Cesar!!! “ then give Cesar what is he’s and give GOD what is he’s” 🙏
@formula112967 7 ай бұрын
Great channel and content.......subbed
@lasvegasliving9237 7 ай бұрын
Thank you! Much appreciated!🙏
@BreezeOffroad 7 ай бұрын
Great video!!!! Thanks
@lasvegasliving9237 7 ай бұрын
Thank you for the support!🙏👍
@BreezeOffroad 7 ай бұрын
I really appreciate your videos and I agree with everything you’re saying, however, I’m just so shocked how resilient the home prices have become especially here in Phoenix. When you drive around all you see is new construction being built everywhere.
@lasvegasliving9237 7 ай бұрын
@@BreezeOffroad It seems that way now but once the economy hits rough water it will be a whole new ballgame. Home prices are notoriously last fall when the recession happens. I do not see this market stabilizing at these prices and interest rate levels. A correction is likely on the horizon even if it takes time to play out.
@BreezeOffroad 7 ай бұрын
@@lasvegasliving9237 I completely agree with your viewpoints and I’ve shared your video with quite a few friends, I just can’t believe how resilient this economy is with 8% interest rates! Thanks for all your great videos. Keep the hard work up I know they’re not easy with all that research you do. I just throw up Fun Offroading videos not nearly as much research.
@coastalhillbilly3419 7 ай бұрын
That 480k house has a $420 a month HOA = $5040 after tax dollars a year 😵
@Sachz 7 ай бұрын
My HOA when I purchased eight years ago was $230 a month now it's $490 a month. San Diego here. Also, my house price doubled in that time.
@lasvegasliving9237 7 ай бұрын
Yeah, that is very high because of the community that home is located in.
@davidgee6110 7 ай бұрын
I noticed that also! HOA fees of $5000 year after taxes likely more than the property taxes!
@Sachz 7 ай бұрын
@@davidgee6110 Yes, it is. Prop tax are $5,300 a year. Things are crazy right now.
@coastalhillbilly3419 7 ай бұрын
@@SachzThe yin and yang of living in CA
@daveaguilar9026 7 ай бұрын
I see that a lot. Zillow putting a zestomate to match the selling price. Sometimes same house different estimates to match list price
@lasvegasliving9237 7 ай бұрын
Correct, that's why I put one of those examples in the video this past week. You still have to be careful and make sure everything checks out properly.
@mattwestwood7749 7 ай бұрын
thanks for the straight talk
@lasvegasliving9237 7 ай бұрын
My pleasure! Thanks for the support!🙏👍
@Elhastezy888 7 ай бұрын
Excellent As usual
@lasvegasliving9237 7 ай бұрын
Thank you!🙏👍
@SusieO 7 ай бұрын
Totally agree about the tip thing - it's way out of control if you ask me.
@lasvegasliving9237 7 ай бұрын
Agreed. It's just bad business that alienates customers.
@PeterManus 7 ай бұрын
You deserve a tip for making this video!
@lasvegasliving9237 7 ай бұрын
Thanks so much!🙏👍
@ScorpioRose11.11 7 ай бұрын
Las Vegas local here, new to your channel. Missed out twice for the Vegas market and wont missed the third time. We are ready and waiting for the right time. We have some really weird realtors here so glad to have found your channel.
@lasvegasliving9237 7 ай бұрын
Thanks so much for the support!🙏👍
@johnrokss8971 7 ай бұрын
Great video
@lasvegasliving9237 7 ай бұрын
Thanks so much! I appreciate the support!🙏👍
@Horseracingtip 7 ай бұрын
Home prices need to come down significantly in Las Vegas. #correction.
@lasvegasliving9237 7 ай бұрын
Agreed!
@lasvegasliving9237 7 ай бұрын
@@Boltzmann-eh7uf No, it is not.
@edic2619 7 ай бұрын
We enjoy you vlogg
@lasvegasliving9237 7 ай бұрын
Thank you so much!🙏
@markstewart3501 7 ай бұрын
The Vultures are sitting on the fence waiting for the cow to die. Love the channel!
@lasvegasliving9237 7 ай бұрын
Great analogy! Thanks for the support!🙏👍
@allen2zulu 7 ай бұрын
tips are social manipulation, a hustle - if you tip, you're weak. If you don't, you're strong. Don't be swindled!
@lasvegasliving9237 7 ай бұрын
Good "tip."😎
@jimchee3177 7 ай бұрын
Why aren’t there any laws that prevent price gouging? Home values are being interpreted as if they are fine art. The frame, pipes, HVAC duct, etc, don’t age like fine wine. It’s all about the facade.
@lasvegasliving9237 7 ай бұрын
There should be laws instituted but unfortunately that is not the case.
@PokerrJuice 7 ай бұрын
Dutch bros when they say “wanna add a tip” for listening to my drink?!?
@lasvegasliving9237 7 ай бұрын
Lol..ridiculous!
@ouzoshots9865 7 ай бұрын
Thank You Love your videos! You always talk common sense. Yes mortgages are up because of interest rates but people must factor in cost of Utilities has also gone way up especially here in So Cal where we are at. I'm sure prob same in many areas across country. The Tipping at 18 -20% I'll do for exceptional service only and definitely not for take out! Not the servers fault but just having that disposable income just isn't as easy anymore.
@lasvegasliving9237 7 ай бұрын
Thanks for sharing your thoughts and support! Very much appreciated!🙏👍
@randytan4451 7 ай бұрын
Zillo is no longer relevant, their logs have not been fed updated information this begins to reflect in their stock value zillo has been bull shitting sellers, buyers and unreal estate agents alike.
@lasvegasliving9237 7 ай бұрын
They certainly have the brand and market share that dictates a lot of these prices but how they come up with it is questionable and that continues to put pressure on sellers and buyers.
@fabulousfinds1045 7 ай бұрын
Yea I definitely hate that forced tip suggestion when they are just performing part of their duties?? Also, if you notice, it's almost entrapment because they make it so hard for you to skip the tip!! They have all of the suggested percentage tip amounts but it's hard to find the "skip" or $0....what the hell!!
@lasvegasliving9237 7 ай бұрын
Many people feel the same way you do. I find it to be bad business from the owners to force this upon their own customers. It's a great way of alienating your customer base.
@jesswalker5932 7 ай бұрын
I tip for service performed, not out of guilt that you are only making min wage for ringing up my hamburger, fried rice, burrito, coffee, etc.
@dvader3263 7 ай бұрын
If there's no skip the tip button, use the custom tip button and enter .01
@lasvegasliving9237 7 ай бұрын
@@dvader3263 Lol...good to know.
@maryrenaud6732 7 ай бұрын
Custom tip…enter .01 as stated above. No forced tips on takeout!!
@LifeHappens2 7 ай бұрын
Thank you again for your honest video. Really appreciate and look forward to your guidance. 🙏🙏
@lasvegasliving9237 7 ай бұрын
Thanks so much! I appreciate the support!🙏👍
@jimrenteria4646 7 ай бұрын
Appreciate you. Thanks
@lasvegasliving9237 7 ай бұрын
Much appreciated, thank you!🙏👍
@Eva-li2pe 7 ай бұрын
I have a problem when they expect to be tipped for “no service” provided and I don’t tip!
@lasvegasliving9237 7 ай бұрын
That seems to be the popular opinion in this comment section.
@klausmkl 7 ай бұрын
In 1998 I bought a truck for 30k in 2015 another truck for 38k in 2023 a truck is 80k
@lasvegasliving9237 7 ай бұрын
Wow. That is just crazy!
@johndonovan7018 7 ай бұрын
in 2019 that truck was 39k.
@BillSklodowski 7 ай бұрын
Good video… Thanks for sharing. Impressed and happy to see a real estate agent who is honest enough to say that now might not be a good time to buy.
@lasvegasliving9237 7 ай бұрын
Thank you for those kind words and support Bill!🙏👍
@dreyes8948 7 ай бұрын
Thanks for be so honest.
@lasvegasliving9237 7 ай бұрын
My pleasure. Thank you for the support!🙏👍
@bbustin1747 7 ай бұрын
Looks like those FOMO purchases are going to be cratering housing values once those down payments evaporate and buyers start hitting bumps in the road like unemployment Those who prepare can wait another 10-20 years for those values to return … people think they are trapped by low rate loans. Wait till they get trapped by lost equity.
@lasvegasliving9237 7 ай бұрын
I think many buyers are very regretful of their recent home purchases. Thousand have recently canceled their purchase contracts because they got cold feet and that will likely continue. It will likely get ugly for many people because of FOMOing into this market.
@georgiawallace9376 7 ай бұрын
I guess my husband and I will just keep putting money into savings and wait for the right time to buy a home.
@lasvegasliving9237 7 ай бұрын
Smart move IMO!👍
@lasvegasliving9237 7 ай бұрын
@@Boltzmann-eh7uf No, it's not.
@rcampbell4967 7 ай бұрын
It absolutely is the very best time to buy. When interests rates go down, and they will, homes will increase in value and a mortgage can be refinanced. Now is the best time to buy a home.
@84jamesp 7 ай бұрын
Same.
@glacious11 7 ай бұрын
@@rcampbell4967 You're delusional if you think the Fed is going to suddenly start lowering rates. They have been fighting tooth and nail to get inflation under control and looks like rates will have to stay high for a while, otherwise inflation will continue rampant and then what was the whole point of raising rates? Expect rates to stay high for another 2-3 years.
@cs3887 7 ай бұрын
My favorite is when they hmu for a tip at one of these SELF-SERVE fro-yo shops!
@lasvegasliving9237 7 ай бұрын
Lol...it's everywhere!
@user-sz6xs2xr9j 7 ай бұрын
Thanks you Jerry from Florida ❤Teresa
@lasvegasliving9237 7 ай бұрын
Thank you Teresa! Hope you're well.🍊
@dekaywill4572 7 ай бұрын
Here in Houston that "tip" is not going to any server, but instead is pure profit for the restaurant. I have had several servers/cashiers asking for cash, otherwise they don't get it.
@lasvegasliving9237 7 ай бұрын
Wow, thanks for sharing that. That is a real shame. Greedy businesses owners.👎
@tecumseh65 7 ай бұрын
Yeah I agree that everyone wants a tip now. even when I go to fast food type place all they do is take my order and and put it in a bag. I feel bad but I can't tip everyone
@lasvegasliving9237 7 ай бұрын
Many people feel that way but many also don't feel bad for not tipping. It's unfortunate that many businesses have put this option in to try and force the customers hand to tip. It's bad business.
@kristy9337 7 ай бұрын
I don't eat out but I tip well at the dispensary. The bud tenders don't make commission, and they have to put up with stupid tourists. Always tip your bud tender😉
@lasvegasliving9237 7 ай бұрын
@@kristy9337 Good to know👍
@Yusa9204 7 ай бұрын
Excellent analysis! Don't see such analysis these days.
@lasvegasliving9237 7 ай бұрын
Thanks so much for those kind words and support!🙏👍
@Yusa9204 7 ай бұрын
You are welcome!@@lasvegasliving9237
@huntman9521 7 ай бұрын
BINGO! Well done SIR!😊
@lasvegasliving9237 7 ай бұрын
Thank you!🙏👍
@BandanazX 7 ай бұрын
The clown show applies to the HOA as well. Almost 1% of the home value per month! That's a grift.
@CD-vb9fi 7 ай бұрын
Yep, I refuse to buy in HOA. Let the muppets eat that nasty dish, cause I will not!
@AnimationByDylan 7 ай бұрын
Specifically bought a house without an HOA. It's a scam.
@cs3887 7 ай бұрын
I HATTTTTTE HOAs!!! I am so grateful I do not have one. I have had one before. Do not recommend.
@lasvegasliving9237 7 ай бұрын
I know a lot of people are not fans of HOA's but no one pays anywhere near 1% of the home value per month to their HOA.
@lasvegasliving9237 7 ай бұрын
@@CD-vb9fi Many people feel that same way.
@DanelleEvans 7 ай бұрын
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@DanelleEvans 7 ай бұрын
She's often interacts on Telegrams, using the user-name
@Bobsager86 7 ай бұрын
Riding the market wave entails understanding the market volatility, Tammy Brockman has been doing an awesome job reviewing the charts, enabling me to capitalize on the volatility via day=trading.
@NataliyadiGiovanni457 7 ай бұрын
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@Caringtransitionsofmh 7 ай бұрын
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
@Danamantilia 7 ай бұрын
Everyone needs more than a Basic Income to be Financially Secured in this present time that there's an Economic Decline.
@RonsterK 7 ай бұрын
I like your business model. When the market turns back up, you deserve to do very well.
@lasvegasliving9237 7 ай бұрын
Thank you! Much appreciated!🙏👍
@dennispabonita8633 7 ай бұрын
My new neighbour bought the house in our corner two years ago when the price was at its peak but not knowingly that the house needed some work. They just sold it back at a big loss this past summer. All, I’m saying, to buyers and sellers out there, be careful , do your homework and study the market because I know a lot people right now, get into the market and now they are hooked in worser situations from where they started .
@lasvegasliving9237 7 ай бұрын
Thanks for sharing that story. Many people are probably in that situation who bought during the peak last year.
@vitalsigns6403 7 ай бұрын
Foreclosures are absolutely not at “record highs”😂
@AnimationByDylan 7 ай бұрын
I think he misspoke a bit. Foreclosures are definitely up, but nothing approaching any kind of crisis level.
@vitalsigns6403 7 ай бұрын
@@AnimationByDylan misspoke indeed. Also likely fed and state govts wont allow meaningful foreclosures
@vitalsigns6403 7 ай бұрын
There are barely any existing homes for sale let alone foreclosures
@lasvegasliving9237 7 ай бұрын
Correct, foreclosures are not but that is the case for car loans and credit defaults.
@lasvegasliving9237 7 ай бұрын
@@AnimationByDylan Correct, I meant to say foreclosures are up but it's car loans and credit card defaults that are now at record highs.
@joec1545 7 ай бұрын
Great video, as usual, I see crazy prices everywhere in Florida. It seems like everyone is jumping on the "Disney World" pricing model. I was at the UF game yesterday and was amazed at the concession prices....12oz can of beer $9, 16oz can of beer $14, gross hamburger without any toppings $13, bottled water $6😡 And that is just the beginning. My son and daughter are UF students and they are well aware that they will be moving home after college because they will not be able to afford to purchase a home in Florida for many years. This yo-yo economy that our government and the Fed constantly and deliberately create is criminal. There have been 3 recessions since 2000 and we are on the verge of the next and will be labeled "The Everything Bubble" but there will be winners, the elitists and our politicians who use inside information to create millions in wealth. Time to drain the swamp and elect people who truly love Democracy and this country.
@lasvegasliving9237 7 ай бұрын
Thanks for sharing your thoughts. I agree with you that we are on the verge of another bubble getting ready to pop. It will likely get ugly for many people. Sadly, those in charge have done an abysmal job that has ruined the lives of millions of people. Let's hope we see thing improve soon. Thanks for the support!🙏👍
@terryjanssen316 7 ай бұрын
The level of ballot stuffing the democrats do I don't see voting being the answer.
@euphoricmonk 7 ай бұрын
@@lasvegasliving9237 I really believe the current government is just waiting to unload all these problems onto the new president to wash their hands clean and say now you fix it.
@sandraburke6417 7 ай бұрын
I rarely go to fast food anymore because of tipping issues. When I drive up to Safeway and pickup my online order the employee puts it in my trunk. I'm happy to tip them. Ty Safeway. The food is so much better.
@lasvegasliving9237 7 ай бұрын
Thanks for sharing that!👍
@firewoman911 7 ай бұрын
Tipping is out of control! I think employers are using it so employee's stop asking for raises. I carry more cold, hard cash... use my card way less but no receipt in my face asking for an undeserved tip. By the way... I'm an uber driver (who accepts tips) but know this.... I go above and beyond for tips. I use my own vehicle, pay my own vehicle insurance, buy all required business licenses every year (over $3,000) & I make sure my customer are safe, in a car that looks and smell's brand new. I don't see how packing up fast food justifies a tip Odd fact, restaurant & coffee shops make better tips than uber/lyft drivers do! 😮 yep, its true!
@lasvegasliving9237 7 ай бұрын
Thanks for sharing your thoughts.
@alooga555 7 ай бұрын
Many cities in Washington state raised minimum wage to $15 a decade ago (it will hit nearly $20 next year). The city of SeaTac where the airport is located became the first one to raise it to $15 an hour in November of 2013. When it happened, long-term parking lots around the airport started tacking on a "livable wage" surcharge. Unlike restaurant (and shuttle van driver) tips, you cannot remove this item from the receipt. Taking Uber/Lyft rides to and from the airport is a lot cheaper now.
@lasvegasliving9237 7 ай бұрын
Wow, that's just sickening greed but it is not uncommon in today's world. The greed is just unending. Thanks for sharing.
@aaroncase709 7 ай бұрын
Thank you for being in my life! I seriously need you to help me stay away from. Buying a house
@aaroncase709 7 ай бұрын
Also first on comments
@lasvegasliving9237 7 ай бұрын
Lol...my pleasure! Thanks for the continued support Aaron!
@lasvegasliving9237 7 ай бұрын
@@aaroncase709 Nice!👍
@davidryanaglietti7387 7 ай бұрын
You may be the only honest realtor in America.
@lasvegasliving9237 7 ай бұрын
Thank you so much for the kind words and support!🙏👍
@shadyfox1758 7 ай бұрын
😂That last house you reviewed was a markup frm 250k! Yeah, I was noticing tip cups at fast food restaurant drive thru! So funny😂
@lasvegasliving9237 7 ай бұрын
Everything is just completely crazy in this economy and market!🤷♂
@SantaBarbaraBiking 7 ай бұрын
I went to SOFI Stadium a few weeks ago and they asked for a tip just to purchase a bottle of soda. It's ridiculous the places they are asking for tips. I heard there are self-check out machines that ask for tips now.
@HappierHeadstones 7 ай бұрын
@@DaleAl-lg4ul yeah really!
@lasvegasliving9237 7 ай бұрын
The world has gone mad!🤷♂
@lasvegasliving9237 7 ай бұрын
@@DaleAl-lg4ul Lol...good point!
@agentcrypto7741 7 ай бұрын
@@DaleAl-lg4ullike how Oprah and the Rock got roasted for asking for money for the Hawaii fires lol
@HappierHeadstones 7 ай бұрын
We worked in a “tipped” indurstry when we built our home. We had to actually work for a tip that the consumer thought we deserved. We were there when they started adding 20% to parties over a certain amount of people, that did not go well, but it continued. There is NO reason to tip a person for “to go” but the facility usually deems that amount to somebody’s sales. Therefore, the IRS says you made X amount of money that you should have claimed as that is what they say you made off of the “sales” you took in. That is just worng for the merchant to expect more and more out of the consumer. I have always thought it was wrong, even when it benefited us, so to speak. Fast forward to 2023, people will not get caught in that trap twice, hence, more closures...bad business!
@lasvegasliving9237 7 ай бұрын
Thanks for sharing that information. I agree, it's bad business even though many people are still willing to tip.
@HappierHeadstones 7 ай бұрын
@@lasvegasliving9237 Oh I don’t mind tipping, but not for every single thing I do
@lasvegasliving9237 7 ай бұрын
@@HappierHeadstones That's what many people feel as well.
@user-tr6fw8yo2t 7 ай бұрын
The rest of the world just pays people a living wage and tips aren't necessary. They also have better heathcare, PTO, vacation, paternity and maternity leave.
@ialien2077 7 ай бұрын
Many times, my decision to not go to a restaurant is because of the expected tipping. And tipping for take-out? I don't think so.
@user-lq3ss9xf8c 7 ай бұрын
Nothing new here, inflation affects EVERYTHING, including housing. Owning a home has always been a significant financial commitment.
@lasvegasliving9237 7 ай бұрын
Facts.👍
@lockup6104 7 ай бұрын
Mahalo Jerry always look forward to your Saturday updates of LV. The current market in LV is unsustainable. There is only one direction left for the housing market to move and it’s not going to be sideways 🌴 GP
@lasvegasliving9237 7 ай бұрын
Thanks for the continued support! Mahalo!🌴
@Horseracingtip 7 ай бұрын
Average home prices in Las Vegas are around 450k.
@Crypt0M0nkey 7 ай бұрын
Nice! I’m gonna move there in 2 years. Beats buying a fixer upper house in the ghetto in NYC for 1 million.
@lasvegasliving9237 7 ай бұрын
That's correct.
@lasvegasliving9237 7 ай бұрын
@@Boltzmann-eh7uf Yes for some, not for others.
@lasvegasliving9237 7 ай бұрын
@@Crypt0M0nkey Also much better weather, entertainment and tax benefits!
@cranebrain2 7 ай бұрын
This man is the only realtor that speaks the truth. 99.9% will tell you this is the best time to buy
@lasvegasliving9237 7 ай бұрын
Thank you! I will always keep it 💯real on this channel!👍
@ElementalHypertech 7 ай бұрын
It may not be the best time to buy but I’m sure glad I’ve been able to enjoy the equity. Many people missed the huge increases in property values because they listened to the naysayers over the past couple of years. Im so glad I didn’t throw my money away by renting.
@RockwellAIM65 7 ай бұрын
This is the best time to be looking for deals if you have cash. The flipside is you can get 5.5% annuitiies at 5 year lockin now - so you need to decide whether the gains are gonna really ratchet up your position on a house after the 5 year term! To make it worthwhile I mean. Good properties are more enjoyable in every way than cash, imho.
@RockwellAIM65 7 ай бұрын
I should note that we have seen 1 or 2 houses under $200k here in a good neighborhood here in California. Not saying where. I would buy here over LV fer sure fer sure! If you must live near LV I'd look at the cuter old neighborhoods in Boulder City.
@ElementalHypertech 7 ай бұрын
@@RockwellAIM65 depends on where you live in Las Vegas, just like every other semi large city. The taxes here are way better in Vegas than CA, but CA has a consistent and nice climate but still not worth the CA hassles and tax shake downs.
@dgunearthed7859 7 ай бұрын
The movie Reservoir Dogs 🐕. Everyone needs to rewatch the beginning of the movie where the group is at a diner discussing the ins and outs of tipping. Lol
@lasvegasliving9237 7 ай бұрын
That's such a great scene! Very interesting to see how times have changed but yet some things still remain the same. Thanks for the great comment!🙏👍
@georgedoolittle9015 7 ай бұрын
Loose change in the cup for fast food on the inside. Always better to park and walk in and make sure the order is correct.
@lasvegasliving9237 7 ай бұрын
Good point!
@ADIL702 7 ай бұрын
Lmao… at this point, if we go to your video playlist and chronologically look at the last 2 years. The line “just when I thought the real estate market was crazy, it just keeps getting crazier” should have gotten to the level of crazy to such a compounded state that the market had flipped on its head and the market IS stable…. Lol
@lasvegasliving9237 7 ай бұрын
Real estate down cycles take a few years typically before we see prices bottom out. Home prices are typically the last to go down in a recession, which has yet to materialize.
@seanpop2886 7 ай бұрын
It might be a good idea to note that when a sale does not go through, it is often because the bank cannot appraise the house at value OR there is something wrong with the house. Sure, somebody could have iffy financials or lose a job during the process, but banks really want to make that loan because they're making a ton of money.
@lasvegasliving9237 7 ай бұрын
Good point. Thanks for watching and commenting.!👍
@brasilgirl2848 7 ай бұрын
Or, a sale may fall through if it is dependent on the sale of the buyers property which didn’t sell.
@lasvegasliving9237 7 ай бұрын
@@brasilgirl2848 That's true as well.
@seanpop2886 7 ай бұрын
@brasilgirl2848 Thus covered with "often" and "iffy financials." It was not an absolute statement. It helps to have an agent only allow showings to pre-qualified clients... It does not eliminate all riff-raff, but it thins problems out. My Henderson, Nevada agent did not do that and accepted an offer from a family going through pre-foreclosure. After that, maybe four days later, I was notified and my agent failed to remove my listing from the "contingent" status. Lesson learned... Never hire a nice agent, hire someone competitive, greedy and law abiding.
@pk525 7 ай бұрын
I worked at restaurants for 12 years back in the 1990s - 2000s. We used to never get tip for takeout and we never expected it. Don't ever tip for take out. It sets a bad precedent.
@supt529 7 ай бұрын
How about a break down of home prices in the Summerlin, Henderson, North Vegas, and South Vegas? Where is the best value to buy?
@lasvegasliving9237 7 ай бұрын
There is no real way to determine where the best areas are to buy since everyone has different desires and options. Summerlin and Henderson are the highest property costs but you can find better or worse values in pockets of each area depending on price point and what someone is looking for in those areas. It's hard to specifically say which area has better value.
@judd_s5643 7 ай бұрын
The listing agent is culpable in setting the price! They want the listing, will worry about price later, just get the listing.
@lasvegasliving9237 7 ай бұрын
The listing agent definitely wants the listing at all costs. Unfortunately, many of the sellers are beyond greedy and can also dictate terms.
@repsolnow 7 ай бұрын
Is it possible for an instiutional owner, who owns lots of properties, to pay Zillow to increase rhe "zillow estimated value"?
@lasvegasliving9237 7 ай бұрын
I doubt it as that would be the most corrupt thing ever but who really knows what goes on behind closed doors.
@CarlosRodrigues-rs8dp 7 ай бұрын
I agree with the tipping, never have we ever tipped for fast food, or pick up ever in the past. This is an added inflationary tax on the consumer.
@lasvegasliving9237 7 ай бұрын
Agreed. Not a fan of the forced tipping scenario that many business owners hare instituted. It's bad business.
@williamstrother7262 7 ай бұрын
Saw a video the other day that seems to picking up a little steam, can't remember what he called it but it's where you can buy a lower interest rate at the cost of the home's purchase price. Just wondering if you've heard of it and what it could mean for home prices going forward? If this becomes widespread I could see it keeping housing prices artificially high for the foreseeable future.
@lasvegasliving9237 7 ай бұрын
Not sure what you're referring to...would like to know more if you can provide more details.
@williamstrother7262 7 ай бұрын
@@lasvegasliving9237 It's called a "mortgage rate buy down" . The video I watched was by George Gammon The Rebel Capitalist, he's an economist. If you need the link to the video let me know. He did the video 3 days ago and called it "BREAKING: New Housing Market Data Reveals Stealth CRASH!! Again not sure if it's a thing but...
@jwb3212 7 ай бұрын
Zillow has been changing the price of houses for quite a while given the listing price.
@miksilv4576 7 ай бұрын
We were at Hotel restaurant they included 20% gratuity. Wynn las vegas . No asking just assumed we are required to supplement salary by 20% BS
@lasvegasliving9237 7 ай бұрын
I have seen many times where the list prices and their estimates have a wide gap but other times not so much. Sometimes they just get it wrong.
@CaptainCaveman1170 7 ай бұрын
And that's one of the main ways they created a self-reinforcing bubble. I can't believe people still don't see it.
@miksilv4576 7 ай бұрын
@@lasvegasliving9237UNETHICAL Real Estate Appraisers Conspired in This Current Real estate bubble.
@miksilv4576 7 ай бұрын
@@CaptainCaveman1170 Unethical Real Estate Appraisers Huge Billion Dollar lawsuits pending...
@itzryyster 7 ай бұрын
Thanks for always posting these updates Jerry! That price point with the zillow estimate for $1.6 million is insane! Something is definitely wrong with their algorithm.
@lasvegasliving9237 7 ай бұрын
The housing market is completely crazy still and sitting things out for now is a wise option. Thanks for the support!🙏👍
@drod9953 7 ай бұрын
LV has to be one of the worst places in the US to pay a premium for real estate, there is literally nothing worth living in LV for besides what used to be affordable real estate lol
@lasvegasliving9237 7 ай бұрын
Las Vegas continues to be the most popular and most moved to city in the country each month.
@ADHDNME777 7 ай бұрын
Over bid? The bank only loans the fair market value based on comps.
@lasvegasliving9237 7 ай бұрын
It's one big dirty game. To say those values are real in this market is laughable. The entire market is corrupt and overinflated.
@dennisbradshaw8335 7 ай бұрын
I worked in the restaurant industry from age 19 to 26 in the 80s. I held positions from a busboy, to host, to waiter, and finally a bartender. It has always been customary to tip for pickup orders but not as much as if you were being served in the restaurant. Ten percent was probably the average back then.
@christophermillett2273 7 ай бұрын
I would never tip for a pick up order lol.
@scubamaz1 7 ай бұрын
Go live in Europe. F-1. It's going to be an absolute disaster - basically EUROPEANS DON'T TIP. Period....
@lasvegasliving9237 7 ай бұрын
Most people would and do disagree with tipping on take out.
@lasvegasliving9237 7 ай бұрын
@@christophermillett2273 Most people would agree with you on that.
@doccolorado 7 ай бұрын
Interesting that the "pre-selected" amount is on the Tax also, at least here in Colorado. Any one ever remember removing Alcohol from the bill and then calculating the tip? Now they want you to tip on the "tax" also, ya I know not a lot individually, but total for the place of business?
@niravbanerji5912 7 ай бұрын
Hey, Jerry. You've been growing pretty popular, man. As always, I appreciate your real feedback as a real estate agent. I just watched the thelebogroup's recent video, and apparently, in the last couple days, rates have gone slightly down? Is this true? If it is, there are so many people saying right now that rates will fall more and prices will creep back up. I hope this isn't the case. What do you have to say about this?
@lasvegasliving9237 7 ай бұрын
Yes, rates have gone down slightly but certainly nothing to celebrate. I do not see rates going down significantly anytime soon unless the Fed goes against their own commitment to lowering inflation. I see them going up. GDP number came in hot last week and consumer spending is still way up. We need higher rates to curtail all the spending. We'll see how the Fed plays their cards.
@chrisdonaghy1504 7 ай бұрын
If you're not really serving me: cutting my hair, driving me somewhere, or serving me food, I'm not tipping you.
@lasvegasliving9237 7 ай бұрын
That seems to be the consensus opinion in this comment section.
@nebur59 7 ай бұрын
I’m probably going to be moving to Henderson, NV in a few months but I’m a renter as I can’t afford to buy anything. I hope I can find a rental I can afford there as my rent in LA has gone beyond what I can afford. Just wanted to comment on the tipping situation and that is that rarely people mention that the price of a meal whether in restaurants or take-out has increased. The 15% gratuity is still a fair amount because of this since the total bill keeps going up. I don’t tip 20% unless it’s maybe delivered and it’s a farther distance than usual.
@lasvegasliving9237 7 ай бұрын
Thanks for sharing that information. Many people are in a similar situation and feel the same way.
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