Home4Sale

Open House

Well, it looks to be an exciting week. The whole Las Vegas Housing Market has undergone a market correction. So prices are falling, buyers are getting back into the market, and mortgage rates are still very low. Sounds like a recipe for success. I've had the price lowered by over 15% since I went on the market and am now a respectable $697,500. A real bargain when you consider the size of my landlot and the prices of similar homes.

If this intrigues you I invite you to stop by anytime. Or if you want to visit during an open house, come by this weekend. I'll be open from 11AM-4PM Saturday and Sunday. See you then.

An Update from me!

It's been an interesting couple of weeks here. I made the front cover of the local Home Buyer's Guide October Edition which should bring me some more foot traffic. And that's a good thing (sorry Martha). We've had a half dozen or so interested buyers, but half of them are still waiting for their homes to receive an offer before they can consider making an offer on another property (that's what is called a contingent offer, if I recall correctly). The rest we're still expecting to hear from this weekend.

More and more homes in my price range are getting offers, which is also a good thing. I think that means the market is starting to come back to an equalibrium. Finally, the August housing numbers were announced today and new home construction spending increased by something like 20%, that's twice what analysts were predicting.

So all and all I'd say things are looking up and I hope to meet my new owners soon. Maybe they'll come for a tour tomorrow?