Yesterday the S&P/Case-Shiller numbers where released. In the seasonally adjusted tiered indices, each index registered a month-to-month increase with the exception of the middle tier which consists of homes priced between $126,631 and $196,595. This was mildly surprising given that we get a lot of requests for homes in these ranges but do not have a large amount of for-sale inventory. We have more listing inventory in the high range. The breakdown for the listing inventory (offered for sale and not und... read more

Yesterday, Standard & Poor's released the S & P/Case-Shiller home price indices. Major news outlets were all over the place when quoting these. Some said it went up, some down, some sideways. I would like to highlight a few features of these indices: -There are seasonally adjusted and non-adjusted indices. Standard & Poor's, in a technical bulletin, recommends against using the seasonally adjusted series because it can misinterpret variations in the choppy real estate markets with seasonality. -S &a... read more

After you have contacted the right agent and properly priced your home, you need to make sure you get top dollar for it by doing everything you can to maximize its value. Preparing your home to be shown to prospective buyers is the next step you need to follow to sell your home, and it involves fixing any issues that currently exist before staging it for everyone to see. Your ability to prep your house better than your competition will ultimately determine whether or not you sell your home, how quickly you can se... read more

Since we are all staying home for Nevada, what better time to prepare your home for a future sale? Even if you’re not considering a spring sale, use these tips as a productive way to improve your space and make these next few weeks fly by.  Make Minor Repairs There are many minor repairs or updates that you can handle yourself in the kitchen and bathrooms. Make sure that the drawers are in working order, drains don’t clog and all water faucets are f... read more

If you missed our monthly Real Estate Report video, Chairman and CEO, Bob Hamrick discusses our newest white paper which affirms that while another recession is probable, it's not entirely guaranteed. Increasing questions from apprehensive clients prompted us to create this in-depth report to analyze and historically chronicle past recessions and their impact on the housing market, both nationally and locally. Below, John McClelland, our vice president of research summarizes the report. Presently, media o... read more