Shannon D'Errico Blog

Will the Raiders Relocation Kick Off a Housing Market Blitz

A White Paper
Posted by John McClelland on June 15, 2017 in  uncategorized
The Raider's move to Las Vegas is something that Las Vegas residents can be proud of and visitors will enjoy seeing. Our city continues to be one of the most exciting, growing areas in the country. Now that media publications have been trumpeting the move, we decided it was important to take a look at some the potential impacts the relocation may have on housing. CLICK THE IMAGE TO DOWNLOAD THE REPORT SUMMARY OF FINDINGS We see the Raiders move to Las Vegas as strongly positive, but as part of a... read more

Why You Should Sell your Home During The Holiday Season

This widely unknown seasonal trend may surprise you!
Posted by Tamara Foote on November 01, 2023 in  uncategorized
If you're looking to make a change in the new year, now is the time to prepare. Deciding to sell your home is a big decision, especially during the holidays. There is a big misconception that the new year is the best time to put your home on the market but 20 years of historical data from Coldwell Banker Premier Realty tells a different story. In real numbers, 23% more homes have historically sold in December than in January and 48% more homes were listed in January than in December. This widely unknown season... read more

Why Would Anyone Want to Live in Las Vegas, NV?

Pros About Living in or Moving to Las Vegas, NV
Posted by Jesse Olive on March 02, 2015 in  uncategorized
There are many more pros than cons when it comes to living in Las Vegas, NV.  So, the better question may be, why WOULDN'T anybody want to live in Las, Vegas, NV? Regardless, we are going to discuss the positives. Fair warning, "Sin-City" did not make the cut this year.  There is something for almost everyone in Las Vegas, NV if not very close by which makes for another pro about living in Las Vegas, NV. Here is a rundown of some of the top reasons to live in Las Vegas, NV.  Affordability. With n... read more

Why isn't inventory going up

National trends
Posted by John McClelland on August 03, 2016 in  uncategorized
Locally, we are still seeing single family home months-of-supply at under three months. Many other areas are seeing relatively low inventories. Tian Liu gives an interesting explanation that could explain part of this phenomenon. http://www.housingwire.com/blogs/1-rewired/post/37693-home-sales-are-rising-so-why-isnt-inventory-going-up... read more

Why Are Home Prices Rising?

Posted by Tamara Foote on June 22, 2018 in  uncategorized
Today’s real estate headlines are full of questions and declarations about Las Vegas’ tremendous home price growth over the past year. The widely followed S&P/Case-Shiller index is up 12.4% year-over-year (measured in March due to reporting lag) while the median single family home has risen by eighteen percent (measured in May). This price velocity is fascinating, however, the real estate market is a market of many markets since housing is heterogeneous and spatial in context. Not all housing typ... read more

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