Las Vegas Homes For Sale - Sorry...
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2 ай бұрынLas Vegas Homes For Sale - Sorry... In today's economic landscape, a disheartening reality has emerged: the majority of people find themselves unable to afford the average home price in the US, even in once-affordable cities like Las Vegas. Las Vegas homes for sale, once promising avenues to homeownership, now stand as stark reminders of the widening affordability gap. There are currently just over 3,000 Las Vegas homes for sale with the median price recently rising from $445,000 to $460,000. The escalating demand to buy a home in the US and any of the Las Vegas homes for sale has fueled these higher prices while inflation and corporate greed have only made things worse for overall affordability. As prices soar beyond reach, many aspiring homeowners are left feeling disheartened and helpless. Specifically, corporate home ownership throughout the US and in popular cities like Las Vegas and the many Las Vegas homes for sale have been ripe for large investors to get their hands on, control and increase prices. With that said, although Las Vegas homes for sale continue to command a premium, it is fair to assume the market will shift once we see an economic downturn. Home prices, particularly Las Vegas homes for sale, have skyrocketed since the pandemic and prices are overdue to correct. However, this will likely not happen in this election year and is more likely to occur in 2025. Exercising patience is a potentially wise option if you're thinking of buying a home, especially one of the few thousand Las Vegas homes for sale.
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Summit Properties
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@lasvegasliving9237 2 ай бұрын
In today's economic climate, a harsh reality prevails: the majority of people find themselves unable to afford the average home price in the US, even in once-affordable cities like Las Vegas, due to the relentless combination of hyperinflation and corporate greed. Las Vegas homes for sale, once attainable for many, now serve as symbols of unattainable dreams shattered by soaring prices. It's a sorry state of affairs when hardworking individuals and families are priced out of the market, their aspirations for homeownership dampened by economic disparity. If you’re looking to buy a home, whether in Las Vegas or elsewhere, it is essential that you do not overbid on the price as many homes are significantly overpriced. It is wise to be patient if possible and wait for home prices to recede, even if it takes most of 2024 for that to happen. 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
@alfazulu6515 2 ай бұрын
You may have a brief dip in house prices if there’s a repeat of 2007 scenario, but as you know, federal debt is approx $34 trillion, unfunded liabilities approx $150 trillion plus trillions of state & municipal debt and private sector debt, politicians have chosen the easy way out, which is to have controlled inflation. With prices of everything going up every year, housing (land and structure) prices will go up in line with or faster than published cpi. Look at price of acre of land in summerlin in 1945 vs now. Unless world economy falls into long term depression, and vegas turns into ghost town in the desert, house prices will continue to go up with cpi and population increase
@stratcaptain66 2 ай бұрын
One way to fix the notion that home are commodities is to legislate JP Morgan, Blackstone, and the rest out of the game. Put in place and enforce rules that forbid this behavior, and start by forcing them to divest in a short time frame. That will being house prices down quick, and they will burned enough to keep their fucking noses OUT of the housing sector.
@SunofYork 2 ай бұрын
Inflation is around 3% .. hardly hyperinflation. Mortgage rates are higher than they were, but far lower than periods in recent history
@Battleneter 2 ай бұрын
It's not "normal" for interest rates to be 2 or 3% when the long term average is just under 7%, so a lot of these analyses are looking at it from a very short term view. US house prices in many areas are actually pretty good compared to much of the developed world, but there certainly are some over priced markets and its a large discussion.
@lasvegasliving9237 2 ай бұрын
@@alfazulu6515 Sadly, you may be right. This economy is a mess built on massive debt...all smoke and mirrors. Could end badly.
@jimchee3177 2 ай бұрын
I bought a half pound of lunch meat and a roll seven weeks ago for just under $5. Yesterday I bought lettuce and tomato for under $2 and placed it on that sandwich. I am now selling that sandwich for $14.99 to anyone who can afford it. I’m willing to let the buyer finance the sandwich at 7% APR. No worries I did keep it in the fridge. Also willing to slash the price if new buyer removes the mold themselves.
@lasvegasliving9237 2 ай бұрын
Lol...good one!
@user-zm3dc7db4x 2 ай бұрын
🤣🤣🤣🤣
@lasvegasliving9237 2 ай бұрын
@@user-zm3dc7db4x 😂
@benfranklinskite5975 2 ай бұрын
Single family homes that are not zoned for commercial use should be off limits to Wall St. and Airbnb.
@costcontrolaccounting4613 2 ай бұрын
Agreed. We all need to be writing our congressmen and demanding action.
@lasvegasliving9237 2 ай бұрын
That would be best for the average home buyer but unfortunately not a reality at this time.
@lasvegasliving9237 2 ай бұрын
@@costcontrolaccounting4613 Agreed!
@jorge1170xyz 2 ай бұрын
I believe in free markets, but the distinct and numerous advantages that a corporation has over the regular person makes it a very "unfree" market to me. I agree with your point. Even free market proponents should understand the need for basic market protections such as antitrust laws and some worker protections.
@vt20247 2 ай бұрын
@jorge1170xyz there is nothing free market when a government subsidized corporation is competing against the regular people. Housing market should be off-limit to corporations since they won't be living in them. Residential Area should be restricted to people who actually intended to live in them.
@itravel3317 2 ай бұрын
I bought 2 burgers and 1 fry off a food truck in my small town. OMG. $29 total. What a rip off!
@lasvegasliving9237 2 ай бұрын
Seriously? That's insane!!
@jimcerrone1859 2 ай бұрын
I am a broker here in Las Vegas Nevada and I make sure to watch your videos every week. Excellent information.
@lasvegasliving9237 2 ай бұрын
Thanks so much for the support Jim!🙏👍
@CindyLakeLasVegas 2 ай бұрын
Hi my broker, Jim! Right here with you. Jerry's awesome.
@lasvegasliving9237 2 ай бұрын
@@CindyLakeLasVegas Thanks Cindy!🙏👍
@CosmicLab167 2 ай бұрын
We tried to get in a fairly expensive restaurant at 7 PM on Fri night where you can easily drop $40 for an entree alone. No room till 9:45 PM. Doesn't look like many are worried.
@lasvegasliving9237 2 ай бұрын
All smoke and mirrors built on unending debt.
@agentcrypto7741 2 ай бұрын
Ahhh yes. The ever so trustworthy Zillow estimate. People forget they lost millions trying to buy and sell houses.
@lasvegasliving9237 2 ай бұрын
True. Needs to be taken with a grain of salt.
@BREEZYM6015 2 ай бұрын
Who can I trust if not Zillow? 😂
@georgehigh4723 2 ай бұрын
@BREEZYM6015 redfin is better but jerry has to follow his narrative
@bbustin1747 2 ай бұрын
They lost billions…..1 billion is a 1000 million 😂
@BlazingShackles 2 ай бұрын
@@bbustin1747 Its sad that you had to explain that. but someone had to do it.
@JohnnyJolter69 2 ай бұрын
Wow Jerry the news every Saturday keeps getting more and more dire. It's very sad to see the state of the economy. "Powell's current optimism on the state of the U.S. economy is even more misguided than was Bernanke's optimism on the economy during the months leading up to the 2008 financial crisis. We are now on the verge of a far more devastating financial and economic outcome." - Peter Schiff (Chief Economist & Global Strategist )
@normangoldstuck8107 2 ай бұрын
The price of Bitcoin and gold shows there is still lots of speculative money in the system. The collapse everyone is looking for is still a long way away.
@lasvegasliving9237 2 ай бұрын
Sadly, while the economy might be doing well, the majority of people within it are not. It is all smoke mirrors built on untold amounts of debt. It is very unfortunate it has gotten this bad but that's where we are presently.
@lasvegasliving9237 2 ай бұрын
@@normangoldstuck8107 I don't see a collapse coming anytime soon. The Fed & treasury won't allow it to happen, especially in this election year.
@NoDaysOff-oz2zl 2 ай бұрын
All these girls went to Harvard or Princeton or Georgetown or some other Poison Ivy League school. Anything to protect their squash opponents.
@HipHopCantSaveMe 2 ай бұрын
@@normangoldstuck8107Gold going up means that people aren't as trusting of the dollar...
@oceanventure 2 ай бұрын
One needs to be patient to buy in this economy. Just look around no cars for sale during the pandemic. And now they are over flowing with inventory. Soon the housing will follow. Absolutely agree with your assessment.
@lasvegasliving9237 2 ай бұрын
Thanks for the input and support!🙏👍
@danielwilliams9753 2 ай бұрын
For a minute I thought the numbers on that list of cities was the average price and then realized it was the average income. It is wild that you need an annual income that looks like it was home prices from pre pandemic.
@lasvegasliving9237 2 ай бұрын
I know, right? Completely crazy!🤷♂
@raven6885 2 ай бұрын
My Gieco car insurance went up about $150 for 6 month policy for no good reason. No tickets for 20 years, no wrecks, a veteran, multi policy discount, Drive Easy mobile app discount, and good driver discount. I called and asked Gieco why my auto insurance went up and they told me everyone's did because of all the theft and car wrecks in Las Vegas. They said they were the 1st auto insurance company to raise rates in the area.
@suniskys78 2 ай бұрын
Mine did too! When I called I was told inflation! On the nextdoor app everyone had same issue with different car insurance carriers.
@jjman533 2 ай бұрын
My Wawanesa insurance went up 45% last year. No claims, no tickets, no at fault accidents and it still went up. Remember those silly rebates during 2020 due to covid and lockdowns? Btw, Vegas is really high car insurance rates due to so many uninsured drivers.
@lasvegasliving9237 2 ай бұрын
Many companies are doing this which is beyond unfair to good drivers but that's the kind of BS that we have to deal because of the kind of people now here in the Las Vegas area.
@lasvegasliving9237 2 ай бұрын
@@suniskys78 Very common to see this now. Sad.
@lasvegasliving9237 2 ай бұрын
@@jjman533 It is bad all over and especially so here in Las Vegas.
@cudafish9594 2 ай бұрын
Happy Easter to you and your family, Jerry! Love your content, keep up the great work! Sending blessings from Homosassa.
@lasvegasliving9237 2 ай бұрын
Same to you! Thanks so much for the support!🙏👍
@jackjune156 2 ай бұрын
Thank you for all your facts and figures. It’s nice to listen to somebody that knows what’s really going on and tells the truth about it. We will definitely look you up, which is a possibility of moving to Vegas eventually
@lasvegasliving9237 2 ай бұрын
Thanks so much for the kind words and support Jack!🙏👍
@vitalsigns6403 2 ай бұрын
Jerry - Where is the existing home price crash you have been predicting the last couple years? Sales transactions are of course way down because everyone is rate-locked. No one is selling. Inventory is near record lows. State and federal govts are blocking price discovery with forbearance, 40 year loans, $0 down,…no crash…home prices will stay “higher for longer”. IMO you cant maintain any credibility by saying “next year”
@frankyhonnolus5528 2 ай бұрын
Exactly. Shifting the timeline further out a year is a big deal. This is what I was trying to point out to Jerry before, that Fed will soon cut rate and that’s when this will get worse. Jerry’s response was they won’t lower the rate and Barbara Corcoran is wrong. Well Jerry, you’re dead wrong. We need to stop thinking oh everything will come down since the rate is high, jobs will be lost, and all these people will be in duress. That’s just too easy too simple. Looks like my biggest fear has come to true. But stocks will correct after melt-up so not all hope is lost. We’ll see.
@vitalsigns6403 2 ай бұрын
@@frankyhonnolus5528 exactly!
@bobbowie9350 2 ай бұрын
Jerry will say " its still too early to tell." Lol What a clown
@vitalsigns6403 2 ай бұрын
@@bobbowie9350 Sometimes you have to admit you were wrong. I am wrong a lot. Here, Jerry has been way off. It is time for him to amend his house price crash call. “Next Year” does not fly every year🤷🏻♂️
@WeepingTree 2 ай бұрын
I appreciate Jerry's take, wrong or not, but the issue I have is current renters mistake his take as fact and use these "Crash" videos for their weekly dopamine hit.. I was just over on Reventure Consulting video and.. ohhh boy. I do feel for those that maybe could've bought a couple of years ago but opted not to and now look.... yes, a "crash" could come.. but I wouldn't bet my future on it. No way....
@jorge1170xyz 2 ай бұрын
Great video. There's no inventory at all in the Los Angeles metro, and elsewhere in California. I think that is keeping places like Vegas, Victorville, Bakersfield, Phoenix etc. Inflated much longer than anyone could have expected. Whatever is going on in Los Angeles (and the other places in California) really stinks to high heaven. My hometown near LAX has 86,000 residents. I know for a fact (from observing it for almost two decades now) that there should be two new listings popping up every day, if not three. Now it gets like four, maybe five listings A WEEK. How is that possible? 86,000 people but zero divorce? job loss? death? disability? relocation? downsizing? failed partnerships? Any kind of housing distress at all? After the longest credit binge and the largest rate hike cycle in 40 years? We all know the many reasons why one would want to hold on at all costs to a property in California (I am committed to that myself of course), but I see it as mathematically impossible for THAT MANY people to cross their arms and say nope, I'm not selling. I think it's clear the banks are doing everything in their power to keep forced sales at bay, but they would only do that if they knew the government had their back (with our tax money) and of course they know they will be "protected". There also seems to be a lot of wheeling and dealing taking place off the MLS too, but I can't prove it.
@lasvegasliving9237 2 ай бұрын
Thanks for sharing your thoughts Jorge! Much appreciated.
@HoldenMcG 2 ай бұрын
Jorge, look at the Fannie May auction data. They have been doing a lot of bundled auctions of 'distressed' loans to institutional investors that would have normally hit the foreclosure markets. Klaus Schwab was not joking when he said, "You will own nothing and be happy."
@jorge1170xyz 2 ай бұрын
@@HoldenMcG I'm not the sharpest tool in the shed, but I do understand statistics and probability very well. It's statistically impossible for certain places to have such few properties for sale, particularly now. It's obvious that someone is pulling strings in the background, and what you mention is surely a big part.
@JBoy340a 2 ай бұрын
Good point. Prop 13 makes is easier and perhaps smarter to hold on. And if someone has a 3% mortgage why would they move and get a 7% mortgage and a new property tax base, unless they absolutely need to move?
@jorge1170xyz 2 ай бұрын
@@JBoy340a At any given time, some (small) percentage of every large population finds themselves in a "I need to sell" condition. Life happens, bad luck happens. My point is that there are large swaths and entire neighborhoods in California where it seems everyone has a perfectly stable life. I know - from following these markets for decades - that this is statistically impossible. Even in the best of times, there are still "some" foreclosures and forced sales. The government definitely is interfering with the free market.
@cb-gz1vl 2 ай бұрын
I sold my vegas home last Nov due to watching your videos. Glad I did. Got out at what looks like the peak.
@lasvegasliving9237 2 ай бұрын
Good for you. Thanks for the support!🙏👍
@williewill1237 2 ай бұрын
Hyperinflation is already here.
@lasvegasliving9237 2 ай бұрын
Has been here accumulating over the last few years.
@cesarurena1 2 ай бұрын
Jerry i have been looking to purchase a 1 acre lot to build my custom home on the westside of town by lone mountain! Its getting ridiculous 500k and up just for the land ! No water no sewer!
@lasvegasliving9237 2 ай бұрын
It is ridiculous and will come with unending headaches and delays (on top of the cost premiums).
@BREEZYM6015 2 ай бұрын
You're better off buying a pre-built home unless you have unlimited funds to build a custom home.
@lasvegasliving9237 2 ай бұрын
@@BREEZYM6015 Agreed.
@dolcevidavlogs2416 2 ай бұрын
Thank You for the information provided. My son lives out in Henderson and I was just out looking for a home about 2 weeks ago. I was not able to find anything I liked and the cost of homes was crazy, so I have decided to take my time in looking and waiting to buy.
@lasvegasliving9237 2 ай бұрын
My pleasure. Thanks for the support and good for you being patient!👍
@manuelvasquez2883 2 ай бұрын
Thanks for sharing and keeping us well informed 👍 💯🙋♂️🤗
@lasvegasliving9237 2 ай бұрын
My pleasure! Thank you for watching and the support!🙏👍
@nadruik9890 2 ай бұрын
Las Vegas needs to start enforcing the Airbnb rules. Look in a 2 block area in the spring valley area and you’ll see around 30-50 Airbnb listings, goes up the closer you get to allegiant and the strip.
@paulfalkon6439 2 ай бұрын
Airbnb rules & taxes implemented in few states and insurance companies have/ are adjusted ratesfor Airbnb. So it's only a matter of time before rules and laws arrive. 2. Travel has peaked and will drop off due to economic downturn and recession in full swing. 3. Affordability- as more houses hit mkt with no buyers prices move down. IMO as airbnbs get hit with vacation slowdown, too many airbnb competing and regulation it will force owners to rent them out and/or sell them off. It's a slow process till it hits a saturation point ( more supply vs buyers) then the RE mkt drops quickly. So late 2024 or in 2025. 4. Other outside factors that will impact RE is China's housing collapse and the US commercial market and regional banks going bankrupt. Lots to unpack but the short answer is there will be no soft landing and May is looking like the month it will kick off. Just my opinion.
@lasvegasliving9237 2 ай бұрын
Hard to enforce that but those that get caught will pay a heavy price.
@lasvegasliving9237 2 ай бұрын
@@paulfalkon6439 Great insight! Thanks for sharing.
@nadruik9890 2 ай бұрын
@@lasvegasliving9237 I’m not sure how hard it would be to enforce I have 3 in my neighborhood and found all 3 of them in about 30m just now to test it. Just pulled up abnb, zoomed in then looked at the pictures they have. There is only a couple of the view but found the furniture easy enough. So that would $1500/day revenue for 30m of work. I’m not sure why the law didn’t also include a fine for the company. IMO should have the majority of the fine on abnb for posting without a license
@davidriley9621 2 ай бұрын
yeah, lets tell people what they can do with their own property....perfectly logical and fair..
@davidmajer3652 2 ай бұрын
Thanks for another great presentation. Your Zillow examples are much appreciated.
@bobbowie9350 2 ай бұрын
Dudes still using Zillow lol
@lasvegasliving9237 2 ай бұрын
My pleasure. Thank you for the support David!🙏👍
@jamimiltenberger2371 2 ай бұрын
As always, thank you for your transparency. Your honesty is greatly appreciated. Curious as to what your thoughts are on new construction, specifically the new community of Ascension in Summerlin South.
@bobbowie9350 2 ай бұрын
What are you smoking? Jerry hasn't been right.
@lasvegasliving9237 2 ай бұрын
My pleasure. Ascension looks like a very nice, new upcoming community that I am sure will attract many buyers. Happy to give you more details privately so feel free to reach out direct anytime. Thanks for the support!🙏👍
@losojedas60 2 ай бұрын
Always great info. Your honesty is much appreciated! Thank you
@lasvegasliving9237 2 ай бұрын
My pleasure! Thanks for watching and the support!🙏👍
@5serieslover 2 ай бұрын
I checked out some new homes in Summerlin West. They're not giving any perks, and the lots are super small. Not surprisingly , most of them haven't even been sold yet, even though they've been open since last October. They must be out of their minds to slap on lot premiums as high as 150k for homes that are supposed to start at 450k. That's a crazy 33% just for the lot! Absolutely nuts!
@jjman533 2 ай бұрын
Even if you buy a Summerlin home cash you still have HOA, prop tax, high utilities, SID/LID, and home insurance. That will run at least $1000 a month with no mortgage!
@lasvegasliving9237 2 ай бұрын
All of it is completely crazy, especially getting much less bang for your buck in today's real estate market. It's hard to believe people are willing to accept and pay these kinds of prices compared to the way it used to be.
@lasvegasliving9237 2 ай бұрын
@@jjman533 So true and also ridiculous!
@SurfSarge 2 ай бұрын
When's this Bubble going to burst?It gets worse every week!
@lasvegasliving9237 2 ай бұрын
It seems that way! Very challenging times we are living in from the pandemic and now a totally unaffordable economy.
@Stridermd 2 ай бұрын
The only way to burst the bubble is for the FED to continue to raise rates. That won't happen this year due to the election. They might be waiting for a certain new/ former president to be elected before they raise rates again in order to cause a full on recession.
@SurfSarge 2 ай бұрын
@@lasvegasliving9237very challenging for sure..I just experienced a nightmare scenario with my son just trying to buy a truck!
@SunofYork 2 ай бұрын
The domsays have been screaming doom for more than a decade and short sellers get wiped out. The trumpniks are praying for a downshift and are lying about it having already happened. Typical con man tactics... There are TWO new Toyota camrys for sale in the Milwaukee area....and they are XLEs. NO LE or SE...
@plektosgaming 2 ай бұрын
@@Stridermd My guess is that it will happen very late 2024 so as to drop the blame on the outgoing administration. Or current one if Biden gets re-elected. Either way the Republican party can dodge the blame by keeping the house of cards propped up for another 6-9 months. Mind you that this full collapse will take a good year or two, just like in 2008.
@jimkelley8658 2 ай бұрын
Update: Your first example closed at $1,550,000. At least that one had a 1/4 acre. The second example is a WTF price.
@lasvegasliving9237 2 ай бұрын
No kidding!
@dronebuzz 2 ай бұрын
Thanks Jerry! I wonder how the neighborhood comps contrast with the "Regency Square" property. Keep up the good work you do! ;-) T
@lasvegasliving9237 2 ай бұрын
Thanks so much for the support!🙏👍
@happilieverholli9994 2 ай бұрын
We bought our home in vegas in 2019 at $470,000 and now Zillow is estimating it at over $700,000.
@suniskys78 2 ай бұрын
I bought in 2017 and would not be able to afford my own home today based on their estimates!!!
@billal-dz 2 ай бұрын
congrats I bought mine 2 months ago, its estate is up by like 5% already.
@NoDaysOff-oz2zl 2 ай бұрын
I'll be back at $470,000 in a year or two. Just wait.
@lasvegasliving9237 2 ай бұрын
It really is astonishing to see what has happened in just a few short years. 🤷♂
@lasvegasliving9237 2 ай бұрын
@@suniskys78 The real estate market is crazy!
@zippythechimp4219 2 ай бұрын
More great info. Thanks Jerry
@lasvegasliving9237 2 ай бұрын
My pleasure!🙏👍
@isitluk 2 ай бұрын
Love your vids man! Saw A house in my neighborhood in Las Vegas (89121) sold for 400k in a zip code that average salary per person is under 40k. Totally insane. House is built in 1974 and is 1700 ft
@lasvegasliving9237 2 ай бұрын
Totally crazy!! Thanks for sharing and the support pal!🙏👍
@bjorngullholm6903 2 ай бұрын
Looks like prices are going up in Las Vegas as they do in many markets
@lasvegasliving9237 2 ай бұрын
Sad but true, especially last month. I will comment on that specifically in next week's video.
@cycomyco14 2 ай бұрын
I've noticed that!! Like wtf
@Manuel-zk4pk 2 ай бұрын
I bought a house in Feb 2022.. house insurance for the 1800 sq ft home was $850. The next year it was $1260. I filled no claims against the insurance and added nothing new to the property.. this year it is $1680, almost double what it was when I bought the place.
@lasvegasliving9237 2 ай бұрын
Wow! Yet the government and media report these bogus 3-5% inflation numbers. Thanks for sharing.
@BlazingShackles 2 ай бұрын
$1680 is dirt cheap. You must live in red state fly over country.
@joeaverduzcojr2844 2 ай бұрын
Can you do a video on your thoughts concerning the change in the commission fees for realtors. Thanks.
@lasvegasliving9237 2 ай бұрын
I will speak briefly about that in my next video. However, there is a lot of uncertainty and unknowns based on that settlement, which will take time to play out. A part of me thinks that it will shake up the industry but the other part of me thinks that it won't move the needle that much. Time will tell.
@darrylperry6029 2 ай бұрын
We built a home just before the pandemic for $350K. Just recently we decided to build the very same home in a better location, but now the same contractor said it would cost $585,000. That is a 67% increase in just 4 years. Said he had no choice because all materials have skyrocketed.
@lasvegasliving9237 2 ай бұрын
Totally absurd! And yet we keep being told inflation is now under control.
@fredyaguilar7716 2 ай бұрын
There's no MORE MIDDLE CLASS , now there's only , LOW CLASS AND HIGH CLASS
@lasvegasliving9237 2 ай бұрын
True
@cameronjenkins5304 2 ай бұрын
I worked at McDonald's in 1999, a Big Mac Meal was $3.14. in 2024, that same Burger, fries and drink are $20.
@lasvegasliving9237 2 ай бұрын
Crazy levels of inflation!!
@eli_ace_chicano 2 ай бұрын
The examples you described are exactly what's going on in Fresno Ca area, houses are still being outbid
@lasvegasliving9237 2 ай бұрын
Very much so in many highly desirable areas. Ridiculous. Thanks for commenting!
@lima0056 2 ай бұрын
Thanks for your transparency. A real estate agent like you that is knowledgeable and honest is hard to find. Most Americans have been priced out of the market. My dream was to retire in 2026 and look into buying a vacation home in Vegas. But it looks like that won’t be possible anymore. We are priced out.
@lasvegasliving9237 2 ай бұрын
Thank you so much for the kind words and support. Hopefully we see a housing and or interest correction to help bring affordability back into the mix. 🙏👍
@robertwells7861 2 ай бұрын
At the LV Reid Airport on the way back from Easter weekend, I had a Port 'o Subs meatball sandwich, w/small Lays potato chips and a med Pepsi, a standard combo. With a $1 tip, it was $27.90!
@robertwells7861 2 ай бұрын
I saved the receipt!
@lasvegasliving9237 2 ай бұрын
Unreal! Would love to see a picture of the receipt to use in a future video.
@lasvegasliving9237 2 ай бұрын
@@robertwells7861 Email me a picture of the receipt if possible.
@robertwells7861 2 ай бұрын
@@lasvegasliving9237 will do. I will make a copy today.😀
@lasvegasliving9237 2 ай бұрын
@@robertwells7861 Great!
@northshoreplaid 2 ай бұрын
Jerry!!! Love your videos! You should start a national brokerage. I take a long time to buy, as I research intensively!And I’d def choose you!!
@lasvegasliving9237 2 ай бұрын
Thanks so much for that vote of confidence! Food for thought.🙏
@MalibuInvestor 2 ай бұрын
Nice summarry, for the LV market. Its quite different in other parts of the country, meaning, its very market specific. Just contrast it to whats going on in S Florida, where real estate remains strong, and growth continues.
@lasvegasliving9237 2 ай бұрын
Real estate is always going to be local and most all of the major markets are still experiencing strong demand and growth rates. Time will tell if this continues for much longer.
@EnufAlrdy909 2 ай бұрын
Bought my mid 1960's house in Grand Terrace, CA back in Q4 of 1999 for $155k and sold in Q3 of 2021 for $535k. Today, it's Zestimate is $633k and it's gone up $18,500 in the last 30 days. Crazy...
@lasvegasliving9237 2 ай бұрын
Completely crazy! Thanks for sharing.🙏
@NoDaysOff-oz2zl 2 ай бұрын
In my area, I can look at mortgage info through the county recorder's public database. A lot of overpriced homes are that way because the sellers are broke from tapping equity and likely being massively in debt. One home was refinanced four times between 2018 and 2022 for the same balance. It's not like interest rates varied much in those years, and they always refinanced it into a 30 year fixed rate. I've seen other homes being refinanced two or three times during that time period. It's obvious what's going on there.
@lasvegasliving9237 2 ай бұрын
That is happening in many instances because many people are hanging on by a thread.
@rl3810 2 ай бұрын
My friend sold a home in Vegas for 270k last year. 6 months later, it was worth 333k . She went to check yesterday, and it's down to 280k. So they're still up 10k, but that's a huhe drop in a couple of months. It really makes no sense the value of homes anymore. Homes used to be for forever, and those who bought forever homes should be fine when the price dips as they plan on staying. But those who bought to make money are screwed.
@lasvegasliving9237 2 ай бұрын
It really depends on location, style of home, age, etc. Unfortunately, many people use home buying as investment vehicles rather than a forever place to live.
@lockup6104 2 ай бұрын
Mahalo Jerry great update LV Hapoy Easter 🐣 🐇🐇🤙🏽🌴
@lasvegasliving9237 2 ай бұрын
Thanks! Happy Easter! Mahalo!🙏👍🌴
@gregbyrn 2 ай бұрын
Celebrations are now a thing of the past. Took wife out to celebrate our 22nd wedding anniversary. The gratuity was MORE than the average dinner out now! Crazy!!!!
@lasvegasliving9237 2 ай бұрын
Completely crazy!
@BlazingShackles 2 ай бұрын
I stopped tipping 2 years ago. When are you gonna wake up?
@nick.florez 2 ай бұрын
There is almost universal agree that home prices are unaffordable for most families particularly with current interest rates and I would agree with your recommendation to sit tight and postpone buying a home now if you can hold off doing so, but not because home prices are likely to decrease but rather that interest rates are likely to ease in the next 9 months. Also, because right now it is simply much cheaper to rent than to own. The average rental price for a three bedroom single family home in Las Vegas is $2,188/mo whereas your mortgage for an average 3 bedroom single family home ($424k) in Las Vegas will be significantly more, even with a large down payment.
@lasvegasliving9237 2 ай бұрын
We have seen unprecedented home price appreciation over the last couple of years. I do not see that continuing in a straight line upward without seeing an invertible correction. That will take an economic downturn and I think that could begin when we get to 2025 (after this election year).
@Lily42674 2 ай бұрын
Agree with you 100 percent!
@lasvegasliving9237 2 ай бұрын
Thanks so much!🙏👍
@dionnewallick7522 2 ай бұрын
I viewed a home in Henderson that ticked all the boxes for me. It was sold early February 2024 for 445K then went back on the market March 2024 for 550K. There's been a 10K drop since the initial listing. Really disappointing.......
@lasvegasliving9237 2 ай бұрын
Total insanity! Don't fall in love with anything when you see such seller greed.
@jwtlucky 2 ай бұрын
Would you be able to look at all the new home builds in the north west area of Vegas, from around Aliante to Sky Canyon? I’ve been watching for about a year now, and all the resale houses around the 400-600k range have been coming down, but the new build prices keep inching up every week it seems.
@lasvegasliving9237 2 ай бұрын
Feel free to reach out direct for more detailed information about that area of Las Vegas.
@chilinvive8683 2 ай бұрын
Excellent channel 💯
@lasvegasliving9237 2 ай бұрын
Thanks so much!🙏👍
@2TROLL1 2 ай бұрын
Trump should have used the Zillow defense in his trial trial❤
@lasvegasliving9237 2 ай бұрын
Lol...good one!
@BlazingShackles 2 ай бұрын
nothings gonna save Diaper D. He's going to prison after this trial.
@phoebelee55 2 ай бұрын
Thank you
@lasvegasliving9237 2 ай бұрын
My pleasure!🙏👍
@agentcrypto7741 2 ай бұрын
There needs to be additional sites where the masses get proper housing estimates. Not the crazy inflated zestimate that Zillow gives as default to keep the housing market going.
@lasvegasliving9237 2 ай бұрын
I agree. I am seriously considering looking into building one.
@InsidiousDr9 2 ай бұрын
What's crazy is Phoenix and Miami were considered retirement destinations.
@lasvegasliving9237 2 ай бұрын
All of these retirement location communities have now become very cost prohibitive.
@seannotaro473 2 ай бұрын
Jerry is the man! Happy Easter sir!!
@lasvegasliving9237 2 ай бұрын
Thanks Sean! Same to you!🙏👍
@jamesdeng6951 2 ай бұрын
Letitia James need to sues these Owner for inflating their homes.
@Freedomfred939 2 ай бұрын
Made the same comment.....and yet there will be commenters that will claim the two can't be compared.
@lasvegasliving9237 2 ай бұрын
That's pretty absurd to think that anyone has the right to do that. Never will happen.
@lasvegasliving9237 2 ай бұрын
@@Freedomfred939 It's absurd to think that would ever happen.
@Freedomfred939 2 ай бұрын
@@lasvegasliving9237 so is what happened to Trump
@lorenl9262 2 ай бұрын
What a total JOKE this country has become and if people DON'T pull their heads out of their A$$E$ before the election, this country is going to loo like the "stacks" from the movie Ready Player One!!!! WAKE UP!!!! Kudos to you Jerry :)-
@lasvegasliving9237 2 ай бұрын
Agreed! Thanks for the support!🙏👍
@user-sz6xs2xr9j 2 ай бұрын
Happy Easter Jerry Teresa from Florida Amén 🙏
@lasvegasliving9237 2 ай бұрын
Happy Easter Teresa!🙏👍
@johnpalomino2618 2 ай бұрын
Great advice dude
@lasvegasliving9237 2 ай бұрын
Thank you!🙏👍
@guyz7777 2 ай бұрын
sorry ...home prices are not coming down....after rates drop...prices are going to skyrocket
@lasvegasliving9237 2 ай бұрын
We'll see about that.
@jefris 2 ай бұрын
People who are selling their houses at high prices are not willing to sell it below that because their houses are not in distress situation. Just like mine I bought my house for $450K with 3.25 percent interest rate in 2022. I would sell my house for at least 550K the lowest or else you can kiss my a** goodbye.
@lasvegasliving9237 2 ай бұрын
It all depends on seller motivation. When the economy hits rough water and the real estate settlement commission changes occur this summer, it will likely be a very different ballgame for sellers down the line.
@jefris 2 ай бұрын
let's see what will happen brotha@@lasvegasliving9237
@SinCityAMG 2 ай бұрын
You're back in my neighborhood @ Regency again. :)
@lasvegasliving9237 2 ай бұрын
Right on!👍
@thomasfranco5997 2 ай бұрын
I am sorry, but there is no way I would buy a 2-bedroom home for over a million dollars. Not even for $600,000. I have seen 2-bedroom Condo's for sale in Palm Springs, Ca. for $700,000 and that's not including Association fee at 700 dollars a month. I could sell my rental condo for $450,000. It is a 2bd.and 2bth. and 2 level with an Association fee at 310 dollars a month. They also keep it up every 4 to 5 years with painting, the landscaping and roof. My tenants love it there, and it is close to Knotts Berry Farm and Disneyland.
@lasvegasliving9237 2 ай бұрын
Thanks for sharing your thoughts Thomas.👍
@JohnnieVibes 2 ай бұрын
Are you sorry that you keep telling us not to buy while the prices of houses have doubled in the meantime 🤣
@bobbowie9350 2 ай бұрын
This channel is a joke
@robertdelrosso5328 2 ай бұрын
Its going to end in a who's holding the bag. That is not stability
@WeepingTree 2 ай бұрын
Facts..
@billal-dz 2 ай бұрын
I keep calling him out for his bs a while. There should be consequences for those stupid social media gurus and advertisers. Everyone has a microphone nowadays. Be careful who you listen to falls , seriously
@lasvegasliving9237 2 ай бұрын
No...I have only been talking about the overinflated home prices for over a year and prices had already made its major move before I focused on it.
@BlazingShackles 2 ай бұрын
1:60 You can use the same numbers to make the case that homes were severely under valued back in 2019.
@lasvegasliving9237 2 ай бұрын
I don't think anyone thought even in 2019.
@mivers208 2 ай бұрын
Jerry, I'm a huge fan of your videos and eagerly await your insights every week. That being said, I'm curious about the idea that Las Vegas (LV) real estate might be overpriced. The booming housing market isn't just about uninformed investments-it's attracting savvy investors too. Do you think there will come a time when Californians stop retiring, selling their $1M+ run down homes in less desirable parts of LA and surrounding counties, and then moving to LV to snap up properties? The surge of CA license plates here is hard to ignore, leaving me wondering if now is the right time for me to pick up property.
@lasvegasliving9237 2 ай бұрын
The mass exodus from California to Las Vegas since the pandemic has been unending. California is a total disaster. Unless something dramatically changes there, I foresee the mass migration continuing to Las Vegas. Buying a home now or later really depends on each persons specific circumstances.
@Nicehousecrappycar 2 ай бұрын
Blaming 'corporate greed' seems simplistic, even demagogic.
@lasvegasliving9237 2 ай бұрын
Why should it be anything other than simplistic? it most certainly is corporate greed.
@ericgabay1580 2 ай бұрын
yes, this is true for the ones who have no house to sell before they buy in Las Vegas. but most buyers come from California and they have all or most of the money to buy a house in Vegas. my neighbor sold his house in 23 days this week without a realtor cash full asking price...
@lasvegasliving9237 2 ай бұрын
Very true. Real estate has become a case of the haves versus have nots, which basically means people who own a home already versus those who do not.
@Boewings69 2 ай бұрын
I need some advice, I am retiring at the end of this year my wife retired this year we want to move to Vegas from Tacoma Washington 20 minutes south of Seattle. Think we should sell our house that is paid off up here and buy down in Vegas. We would like to do this before I retire but listening to your video it sounds like we should wait what would your advice be? Thanks
@lasvegasliving9237 2 ай бұрын
Please reach out to me direct to discuss more details. Thanks.
@g9351 2 ай бұрын
March median grows up again. It's $465k. Compared to last March the price is up for 11%. It's seasonal like always in every year I told you about this months ago. This is the actual Vegas real estate market. Focus on what's happening currently makes it more valuable than low balling the market. Your viewers need to know factual data about the Vegas market from you instead of fears.
@lasvegasliving9237 2 ай бұрын
Thanks for the feedback.
@agentdarkness7927 2 ай бұрын
You have been talking about a housing crash for the last 2 years. What part of 2.5% to 3.5% mortgages rates make you believe people will default on their mortgages when most people pay less than what the average apartment rents for? There is no incentive for foreclosure. People have equity to sell and buy new homes, but with current interest rates, why would they? I would rather throw $50k and remodel my current home. I already live in a prime area. I pay for a 5 bedroom house what a 2 bedroom apartment rents for. You keep telling people to wait to buy, but all I see are home prices slowly increasing. It would take a major event and disruption to cause a hick up in the housing market. Even then people still need a roof over their head and if your mortgage is less than rent why sell? It would take the government to sue companies like Blackstone for monopolizing the real estate market and force them to sell their inventory to lower housing costs. I don't see politicians biting the hand that feeds them.
@lasvegasliving9237 2 ай бұрын
I appreciate your well thought out comments. I believe we are due for an over correction based on previous real estate cycles. Time will tell as to how it all plays out.
@Jindsing 2 ай бұрын
This started in Canada around mid 2016..we call it Justinflation
@randyt3558 2 ай бұрын
That's just so dumb...yer mother must be so proud.
@lasvegasliving9237 2 ай бұрын
Canada is a total disaster! Sad to see.
@Jindsing 2 ай бұрын
@@lasvegasliving9237 totally. Im never voting liberal again.
@randyt3558 2 ай бұрын
@@lasvegasliving9237ya...because i own real estate, i'm an accidental millionaire....poor me.
@Jindsing 2 ай бұрын
@BlazingShackles im guessing by that ignorant comment, youre a conservative. Thanks for being so welcoming.
@jasonmerlino3903 2 ай бұрын
Thanks Jerry. Did you see what Dave Ramsey said. Buy now it's going higher... Lol.. I would like to know where the income is going to come from to not only pay off people's records debt but to support higher prices??
@NoDaysOff-oz2zl 2 ай бұрын
Dave Ramsey tells single guys to wife up their girlfriends who have $100,000 in college debt from some worthless degree. Never trust anybody who has declared bankruptcy. That includes Donald Trump. Don't trust lifetime government employees. That includes Joe Biden. Don't trust rich guys whose grandfathers made money from running bootleg hooch. That includes RFK Jr. Don't trust hippies.
@lasvegasliving9237 2 ай бұрын
Dave needs to stay in his lane but he thinks he is all knowing and put his old school, self interests first. He also told people many years ago that Bitcoin was nonsense (and still does) and we all know that's not the case. He has cost people small fortunes from a lot of bad advice.
@Stridermd 2 ай бұрын
The income comes from California.... or other wealthy folks. When there's high inflation the middle and lower classes get crushed while the wealthy do ok or even thrive depending on their assets.
@jasonmerlino3903 2 ай бұрын
@@Stridermd yep. Vegas is going to be the very rich and the very poor within 10yrs. Much small business will leave. They are going to have to come down from their mansions and drive through the slums everywhere to get to the strip. Have fun with that. I already moved. Vegas isn't Vegas anymore. Not for the locals anyway.
@lasvegasliving9237 2 ай бұрын
@@Stridermd Agreed.
@christiandouglas7771 2 ай бұрын
Prices have gone up substantially over last few years, BUT does that mean they will come back down soon? I hope so, last year first time I made over 6 figures (age 26) so hopefully if they drop I can upgrade! I got lucky and bought my condo in 2021 and prices only have gone up, so sad!
@lasvegasliving9237 2 ай бұрын
Time will tell what happens with the real estate market. Most of this will all be dependent on the economy and I don't think anything is going to happen during this election year but I definitely think trouble could be brewing in 2025 IMO.
@bobuhler1511 2 ай бұрын
You sure opened up my eyes
@lasvegasliving9237 2 ай бұрын
I hope that's a good thing! Thanks for watching and the support!🙏👍
@bobuhler1511 2 ай бұрын
@@lasvegasliving9237 yes thank you
@The_Nameless_Entity 2 ай бұрын
I don't see my state Hawaii. Way more than California therefore not on this list because it's way to expensive for local residents.
@lasvegasliving9237 2 ай бұрын
Maybe so, not sure.
@sting114 2 ай бұрын
Nice pink shirt Jerry !
@suniskys78 2 ай бұрын
It really looked great on him!
@lasvegasliving9237 2 ай бұрын
Thanks so much!🙏👍
@lasvegasliving9237 2 ай бұрын
@@suniskys78 Thank you!🙏
@adanblas2451 2 ай бұрын
Honest question Even if interest rate cuts happen. Will the cunsumer be there considering all time high debt all time high defaults super low savings account job lay offs on the rise banks tightening on writing loans and to top it off bad credit scores. So again will the consumer be there. Great content as always Jerry good day yall
@InvestingWithAdamK 2 ай бұрын
I see a ton of built up demand waiting for lower rates. I do mortgages and hear it every week. I don’t think they understand that prices will likely go up if mortgage rates come down, but yes. . . There is a lot of demand on the sidelines
@NoDaysOff-oz2zl 2 ай бұрын
A lot of people are waiting around for some sugar daddy to bail them out. Could be their own daddy. Could be the wealthy widow down the street. Could be Uncle Jerome. Grandpa Biden. Grandma Yellen. It's always somebody else's fault but their own.
@lasvegasliving9237 2 ай бұрын
The consumers have been there even with all of this going on right now. Thanks for the support!🙏👍
@lasvegasliving9237 2 ай бұрын
@@InvestingWithAdamK True, which is scary as prices are continuing to stay overinflated.
@lasvegasliving9237 2 ай бұрын
@@NoDaysOff-oz2zl That's not the case with everyone but certainly some.
@plektosgaming 2 ай бұрын
There are roughly 60,000 homes in Las Vegas that are essentially vacant. Some are second homes, but most are corporate owned. Las Vegas is hit extremely hard by this compared to most other cities, as well. The good news is that when the downturn happens they have to sell them off to other firms what have to get what they can from them. Either by renting or selling them. At the same time when a lot of people are starting to leave the city or sell off their second vacation homes and the casinos are laying off people. Same as last time this happened. It will hit hard and there will be more houses than people looking for them in a couple of years.
@lasvegasliving9237 2 ай бұрын
Hard to think that Las Vegas growth will not continue over the long-term. Yes, we may see a correction in home prices but long-term growth looks very strong.
@plektosgaming 2 ай бұрын
@@lasvegasliving9237 I agree. But 100,000 units/homes not being lived in.. that's going to be good for future growth. When they are forced to come into the market. So the local population will grow while all of the part-timers leave. No big loss. ;)
@g9351 2 ай бұрын
OMG Weekly videos continue to cry for down but the market is still so obviously up. Low affordability does not make the market correction. Keep waiting for a signal to enter market ends up paying higher price or make yourself a renter forever. Simple Economics 101: supply vs demand. This is the key of pricing up or down. Affordability is not.
@lasvegasliving9237 2 ай бұрын
Agreed. However, inventory has been increasing now and that will likely continue over time. Also, once the economy hits rough water it will likely shift sentiment and market dynamics regarding supply and demand.
@g9351 2 ай бұрын
Better check the number. Inventory is far behind the demand. Homeowners with low mortgage rates during pandemics are unlikely to sell their houses.
@beth4698 2 ай бұрын
We are Hollywood 2.0 now so I feel prices will stay up high. But they said they will create more high paying jobs than Casino jobs.
@lasvegasliving9237 2 ай бұрын
I do not subscribe to that theory at all. Once the economy hits, rough water, likely in 2025, other issues, including commercial real estate and job layoffs will shift the market in a big way IMO. Also, AI and automation are going to decimate the job market over time. This will only lead to more affordability problems down the line.
@miguelarivera 2 ай бұрын
Prices are gonna go nuts before the new NAR rules take into effect, hmmm Thankfully NAR membership is optional and non NAR forms exist and can be digitized, automated with Ai and used in public, sorry NAR your rules don’t fly with me and I’m alright with that!
@lasvegasliving9237 2 ай бұрын
Okay, thanks for sharing your thoughts.
@sl5946 2 ай бұрын
I like your backyard is that real grass?
@lasvegasliving9237 2 ай бұрын
Thanks. No, that is artificial turf that looks like the real thing.
@joecapriotti6366 2 ай бұрын
Jerry Your insights are on the mark, Q4 will begin a decline in prices and 2025 will be a default market.
@lasvegasliving9237 2 ай бұрын
Thanks Joe. I do think we will stay propped up most if not all of this year because of the election but 2025 could be a whole new ball game.
@stburke 2 ай бұрын
The houses are worth whatever folks are willing to pay
@lasvegasliving9237 2 ай бұрын
Always will be true.
@Anonymouscat331 2 ай бұрын
Homes are just a place to live and shouldnt be used speculation for investments, it’s terrible as an investment vehicle, get wreckt when the time comes!
@lasvegasliving9237 2 ай бұрын
Agreed!
@karenstasik2979 2 ай бұрын
Hope you are correct that home prices will drop.
@bobbowie9350 2 ай бұрын
Lolol. Dudes been saying that for 2 years!
@lasvegasliving9237 2 ай бұрын
Time will tell if and when that happens.
@AirJordan23DCH 2 ай бұрын
In New York City large french fries from McDonald’s is 6.50$ like I said before are country is BROKEN 😡
@lasvegasliving9237 2 ай бұрын
Unreal!! Thanks for sharing Air!
@chevypreps6417 2 ай бұрын
I think what you are saying could be said in one sentence The American Dream Is Dead. I have no idea why anyone would want to live in a desert.
@lasvegasliving9237 2 ай бұрын
The American dream of homeownership has quickly turned into the American nightmare. Las Vegas continues to be the most popular city in the country basically every month that people are moving to.🤷♂
@Freedomfred939 2 ай бұрын
What Nevada needs is the AG of New York. She knows how to go after property owners that overstate thier home values.
@lasvegasliving9237 2 ай бұрын
Totally absurd that will never get anywhere.
@danie1wei 2 ай бұрын
CA is more expensive than NY? I thought NYC would be the most expensive.
@lasvegasliving9237 2 ай бұрын
California is more expensive.
@kevykevTPA 2 ай бұрын
For the Vegas market, you may be right. But not everyone lives or wants to live in Vegas, and where I'm from in Florida, we've seen similar increases, it appears they're going to stick, as we are being flooded by people from HCOL states, used to much higher prices, fleeing the over-taxation and over-regulation of the stupid states (NY, CA, IL, etc.), and they're bringing their RE prices with them. I just hope they don't bring their voting patterns with them, too.
@lasvegasliving9237 2 ай бұрын
The mass exodus and migration from the higher cost of living states to places like Florida, Las Vegas and other Sunbelt areas has been truly astonishing since the pandemic ended. Unfortunately, prices have skyrocketed and unless we get an economic downturn, I don't see this changing anytime soon.
@Stridermd 2 ай бұрын
That's exactly what's been happening here. Wish we'd build a wall.😂
@kevykevTPA 2 ай бұрын
@@lasvegasliving9237 Well, I guess all I have to say about that is we got what we (not me!) voted for last time around. I'm on the luckier side of the fence, bought a fixer upper that had been in foreclosure for some time for dirt cheap... Under $100k. Now, I could get $275k for it if I was in a hurry, and probably $300+ if I had time to be patient. But, the most likely scenario is that we're here for life, or at least until it's time for the nursing home.
@lasvegasliving9237 2 ай бұрын
@@kevykevTPA Good for you.👏
@dakevs 2 ай бұрын
I think that local governments should be able to prevent real estate investment from buying up single family homes. Multi family units, sure, since they can develop it & turn it into a social hub.
@lasvegasliving9237 2 ай бұрын
Unfortunately, that is very unlikely to ever happen.
@situationmoney 2 ай бұрын
The home pending for $1.7M at $561 per sq ft... Only one to blame for this sales price is the buyer. If "fools" continue to pay these prices, we'll never get back to normal pricing. Good thing is there are only a finite number of fools buying homes in this market. The pool of fools is running low, so LV should see some serious price corrections in the near future.
@lasvegasliving9237 2 ай бұрын
Completely agree...just absurd buying behavior.
@nitemoves3157 2 ай бұрын
Dude, Jerry that pink polo shirt is happening!
@lasvegasliving9237 2 ай бұрын
Thanks so much!🙏👍
@robertbowen6469 2 ай бұрын
You might be able to find a 1 bedroom house for 212,000 in Sleazeattle.
@lasvegasliving9237 2 ай бұрын
Scary to see home prices in most places so out of control.
@robertbowen6469 2 ай бұрын
It is crazy, I just hope they calm down a little by the time I get there!
@lasvegasliving9237 2 ай бұрын
@@robertbowen6469 Hopefully so!
@focusedfreebird 2 ай бұрын
I think it has become obvious that the United States wages are not enough to afford housing. Shameful.
@lasvegasliving9237 2 ай бұрын
Very evident in today's world!
@jclements65 2 ай бұрын
Real estate is supply and demand like everything being bought and sold, MSL pricing doesn’t show you the whole picture, Was it a fixer upper? Was it a short sell like many other houses in Las Vegas. Short sales were running rampant here in Las Vegas . Some houses in our neighborhood went through short sells, sold for half of what ours was valued at, People bought them, quick flip, sold them, Make 150,000 Dollars in 4 months. With risks comes rewards. It’s an investment in your future, Buy and sell as needed. Every week you tear Zillow apart. Better websites are out there, 559,000 for 1100 Sq Ft, 2 bedroom, They should be drug tested, what kind of realtor would even take a listing and represent them? Ethical?
@lasvegasliving9237 2 ай бұрын
I shine the spotlight on Zillow because it happens to the most popular real estate website platform. The fact that prices and estimates can have such huge discrepancies is very disconcerting.
@jclements65 2 ай бұрын
@@lasvegasliving9237 definitely disconcerting, definitely deal with a reputable realtor, Your channel is packed with great information, honest and upfront. I am not a fan of Zillow.
@lasvegasliving9237 2 ай бұрын
@@jclements65 Thanks so much for the support!🙏👍
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