Vegas Valley Market Report
With so many statistics and information floating around in the real estate industry, it is important to understand what factors are important to pay attention to and how they help you make the best decision possible during your real estate transaction so you can act with confidence.
Each month, I provide a variety of important reports with statistics including:
- The summary of Market Activity with the "Vegas Valley Real Estate Marketing Report" which is published monthly
- The amount of properties sold each month broken down by type of selling transaction (i.e. bank owned, short sale, or regular seller) which provides an accurate assessment of inventory being sold each month
- The breakdown of financing used to purchase properties (i.e. are homes being purchased with cash, conventional financing, FHA financing or VA financing) which provides the type of competition in the market place
- The current Absorption Rate and Inventory Depletion figure which help to understand the supply of inventory available and how long it will take (in months) for the current demand of buyers to "deplete" the inventory in the local marketplace.
With these figures, Buyers and Sellers will have a comprehensive view of current market conditions in order to help create a strategy to their real estate transaction.
To sign up for a monthly subscription of the "Vegas Valley Real Estate Marketing Report" and other relative statistics, click
here.