Nevada has progressively recovered from the housing market crash and continues to do so. Today, the Nevada real estate market is strong.

Confidence in Today’sĀ Housing Prices

Recently The Nevada association of RealtorsĀ® (NVAR) held an online survey through the state . It consistedĀ of about 600 RealtorsĀ® who were asked Ā how they feel about today’s housing market.

71% believe there’s been an improvement in the market over the last year. This response is an improvement over the 65% who answered positively in the same survey back in 2015.

ā€œWe are feeling positive about what’s happening in Las VegasĀ yet always keep our eyes open for what might be coming. There is always some sort of speculation on another crash and return of distressed properties such as short sales. What we are seeing today is steady market over what we saw years ago and home prices still rising. The last year has been good for buyers, sellers, and real estate agents in Nevadaā€, Lori Ballen

Lori Ballen RealtorĀ®,Ā who lives and works in Las Vegas (Summerlin), said the respons in the survey is not surprising. She has seen the same over the past year. There has also been incredible agent count growth in Southern Nevada which indicates people are looking at real estate as a good career again.

People also ask: The Buyer missed the Closing Date, Now what?

Prediction in the future Housing Market

In other surveys, the majority of real estate agents are responding that they expect to see home prices still go up. This prediction covers both resale homes and new construction. Based on this information, anyone thinking of buyingĀ in the near future should move sooner than later. It’s a great time to sell a house in Las Vegas and is expected to be over the next 12 months.

The median price range of houses that sold in Las Vegas during the month of March 2017 was $242,000

People also ask: How to I Buy a House in Las Vegas?

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