Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
April wasn't so bad. How will May fair?
March & April weren't the end all everyone thought it would be with all it's doom and gloom. We lost one deal in the middle of March and one seller took their home off the market to "be safe". On the property management side only 10% contacted the office to set up a payment plan the other 90% paid on-time.
The house we lost the buyer on went back under contract beginning of April and is set to close next week along with a few more homes. The sellers who took their home off the market has placed it back on the market after realizing people are still moving too/purchasing homes in Las Vegas, NV.
Real estate agents are considered essential workers and are taking per-cautions to show/list homes. I personally have a few buyers still looking for the right home to purchase as inventory is slightly tighter. Sadly, I also have a few who have to wait due to their employment being placed on hold. Over all after talking with current and past clients people in the city are looking at the positive and see the great place Las Vegas is to live in. With a low cost of living and home affordability, it's a wonderful city to reside in.
How is the market doing were you are from?