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2023 Episode 12 w/ Rick Cenname and the Monthly Market Update

2023 Episode 12 w/ Rick Cenname and the Monthly Market Update

This past week there was a recent article in the …

Las Vegas Real Estate NOW · Harvey Blankfeld

April 10, 202344m 50s

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Show Notes

This past week there was a recent article in the Las Vegas Review Journal that discusses raising the real property transfer tax when you sell a home. The state is considering this to use the funds to help the homeless find shelter and get people off the street. For more information on the current transfer tax rate and if this bill will pass, be sure to SUBSCRIBE to our channel and listen weekly. Is our current market shifting? Considering that this has been the best month for real estate since July of 2022, we believe so. Our average sales price remains the same for the last few months at $425,000, but the time on the market is shrinking. Will prices start to go up? Are interest rates stabilizing and going down? Be sure to watch and listen for your accurate real estate market update.