The Las Vegas real estate market captivates and intrigues us, in part because it’s never boring! Right now, the market enjoys the confluence of continued strong demand, job creation and business diversification. Those who proclaim that prices will fall simply because mortgage interest rates have risen are ignoring the ongoing contribution of job creation and economic diversification.
Twenty-two percent of small-business owners cited inflation as their single most important business problem, according to a January 2022 survey conducted by the National Federation of Independent Business.
Overall, one in five adults in the U.S. quit their jobs in 2021. That’s according to a new Pew Research study that cited the top 10 reasons employees turned in their notices last year. The trend of workers quitting their jobs in the past two years has been dubbed the Great Resignation, while others prefer to call it the Great Realization — as employees realize they are not happy with their employment situation.
Collaborators Darin Marques, founder of the Darin Marques Group at Huntington Ellis, and Heidi Carlsen, home staging expert with Stately Home Staging, have their fingers on the direct pulse of Southern Nevada luxury real estate and understand just what helps sell these properties to high-earning individuals. The answer lies in the presentation. These two partnering experts weigh in on the key elements of home staging and what it means for both the Realtor and designer standpoint.
Mental health awareness has become a significant part of the health care conversation following the pandemic. In fact, many studies have found an increase in mental health services requests from people of all ages beginning in 2020.
Southern Nevada’s commercial real estate industry entered 2022 on an upswing and continues to flourish, despite some headwinds.
There are multiple factors that go into having the ideal at-home setup such as understanding how much space you need, the location in the home, whether to incorporate a digital element, the aesthetics of the space, and even soundproofing.
As the rates begin approaching pre-pandemic levels, they are still going to remain within a record-low margin. Southern Nevada’s 30-year fixed mortgage rate is currently averaging 5.1 percent. The 15-year fixed mortgage rate is averaging 4.2 percent and the five-year adjustable-rate mortgage (ARM) is averaging 3.5 percent. Compared to 15 to 20 years ago, we were seeing rates as high as 8 percent to 10 percent.
According to a report by TeamStage, 49 percent of employees will leave their job in the next 12 months over a lack of benefits, while 51 percent of employees believe benefits will play a significant role in talent retention.