Yelp has made a quiet, subtle change that could have a big impact on the real estate industry: the mega reviews website has made it extremely difficult for people to find Yelp reviews for Opendoor and Offerpad, two of the country’s leading online homebuyers and re-sellers. Bearing nearly 500 reviews, a subpar 3-star rating and many responses from its corporate […]

An In-Depth, Data Driven Opinion. This opinion is lengthy yet informative, and the graphs supplied display accurately on desktop computers. Information deemed reliable but not guaranteed. About Luxury Real Estate Advisors | Why Our Opinion Matters The team at Luxury Real Estate Advisors (LRA) closely watches both Las Vegas and Global economic indicators by using […]

What this journalist fails to mention in the headline or the 1st paragraph is that inventory is up….to a two months supply. 6% is considered a balanced market with equal amounts of buyers and sellers. Also, real estate data/inventory should be evaluated at the community/tower level For an in-depth, data driven market report, visit https://www.luxrealestateadvisors.com/historical-data/

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Malibu saw a sharp decline in house sales in the wake of the deadly November wildfires in California, with transactions in the area falling nearly 40% in the fourth quarter of 2018, according to data released Thursday by brokerage Douglas Elliman. The Woolsey Fire ripped through Malibu, one of the priciest real estate markets in […]

Las Vegas dominated the national scene for 2018 new-home sales in master-planned communities like it hasn’t done in more than a decade by placing four in the top 21, according to rankings released by two real estate consulting firms. Though the number of overall home sales remains well below pre-recession levels and Las Vegas slowed […]

Mortgage rates are expected to rise further this year to their highest level in a decade, affecting home buyer’s monthly payments and lessening the dollar increase in home-purchase lending. A larger effect will be on refinance:  Millions of homeowners had refinanced into low-rate mortgages over the last few years.  These homeowners are unlikely to refinance […]

As of September 2018, the serious delinquency rates for Federal Housing The CoreLogic Loan Performance Insights Report analyzes mortgage performance for all home loans. Based on this report, the serious delinquency rate for September 2018 was 1.5 percent, representing a 0.4 percentage point decline compared with September 2017.[1] Declining unemployment rates and rising home prices have helped to […]