Home values near recent peaks; modest year-over-year declines seen as inventory recovers after earlier surges. Buyer leverage increases slightly, reducing bidding wars in many neighborhoods. Sales activity stabilizes but stays below pandemic highs as affordability limits some demand. Market likely shifts toward balanced conditions, less frothy than recent...
Median sale price as of Oct: $441,808 Sellers: 13,636 Buyers: 7,277 Sellers outnumber buyers by 87.4%. Nationally, sellers outnumber buyers by 36.8%. Inventory levels and stable pricing make Las Vegas a buyer-leaning market....
Refinancing a home can lower interest rates, switch adjustable to fixed rates, fund improvements, or consolidate debt. It involves finding a lender, calculating if savings outweigh costs, exploring loan options, cleaning credit reports and the home, and gathering documents like income proof and title insurance. Refinances can take 30-60 days, and careful preparation speeds the process. Continue to...
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