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HOLD THE PHONE: Vegas homeowners bombarded by offers for their off-market homes


HOLD THE PHONE: Vegas homeowners bombarded by offers for their off-market homes
White-hot housing market to blame
John Locher/AP Photo
and last updated 2021-05-06 00:46:49-04
LAS VEGAS (KTNV) — The extremely competitive housing market in Southern Nevada has led to homeowner bombardment of unsolicited offers for properties usually by phone or text message and it will not be ending any time soon.
You have likely received phone calls, text messages, even emails and mail.
Hey this is Casey, looks like I got your voicemail, I know this is kind of out of the blue, I was just reaching out if you would be open to hearing a cash offer on your house, said one recent caller. ....

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Report finds Vegas-area home prices setting monthly records


Report finds Vegas-area home prices setting monthly records
May 6, 2021
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1of3FILE- In this Wednesday, May 29, 2013, photo, the Las Vegas skyline glows at dusk as a motorist pulls into the driveway of a home, in Henderson, Nev. Home prices in the Las Vegas area are setting monthly records, according to an industry survey putting the median price of existing single-family houses at $375,000 in April. A report released Thursday, May 6, 2021, by the organization Las Vegas Realtors said local home prices have never been higher and the housing supply has rarely, if ever, been tighter.Julie Jacobson/APShow MoreShow Less
2of3FILE - In this April 13, 2015 file photo, a sign advertises homes for sale in Las Vegas. Home prices in the Las Vegas area are setting monthly records, according to an industry survey putting the median price of existing single-family houses at $375,000 in April. A report released Thursday, May 6, 2021, by the orga ....

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Housing market in Southern Nevada remains hot, sets another price record in April


Housing market in Southern Nevada remains hot, sets another price record in April
A report released Thursday by Las Vegas Realtors shows local home prices have never been higher while the local housing supply has rarely, if ever, been lower.
and last updated 2021-05-06 11:12:49-04
LAS VEGAS (KTNV) — A report released Thursday by Las Vegas Realtors shows local home prices have never been higher while the local housing supply has rarely, if ever, been lower.
LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during April was $375,000. That breaks the all-time record set in March. ....

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Calculated Risk: Las Vegas Real Estate in April: Sales up 89% YoY, Inventory down 70% YoY


5/06/2021 10:12:00 AM
This report is for closed sales in April; sales are counted at the close of escrow, so the contracts for these homes were mostly signed in February and March.
“These April statistics benefit from a comparison to the same month last year, when our housing market was hit hard by the beginning of this pandemic,” said 2021 LVR President Aldo Martinez. “It’s still striking to see how home prices here and nationwide continue to rise to record levels. April did signify the first month this year when single-family home sales did not exceed the previous month. .”
LVR reported a total of 4,552 existing local homes, condos and townhomes sold during April. ....

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