Find out why homeowners insurance rates have gotten so high and the type of insurance you need for a second home!

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2024 - Episode 14 - Why are homeowners insurance rates so high? Insurance needed for a second home?

Let us start crunching some numbers, here we go! So, for November 19th and again this just single-family homes. Currently on the market we have 4,545 homes and down by 129, inventory keeps shrinking. In escrow the last 7 days we put 829 homes in escrow, and we closed 774 and both of those numbers are up from last week. We saw 166 homes withdrawn its been floating in the mid one hundred for a long time.  The median sold price was $348,711 and that is up by $3,835 and again though we must remind you guys that we only do a week worth of data, so it is a small sample size. But $348,711 is a nice median price and the median sold price per square foot is 183.67 which went down a little. Stay tuned to hear more!	

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Weekly updates on Southern Nevada Housing Market -11/19/2020

Welcome to Las Vegas Real Estate NOW, where we look to EDUCATE & EMPOWER YOU in an effort to help you make your real estate and personal financial decisions wise one’s for you and your family.  We want YOU to ENGAGE the market armed with the knowledge and expect the very best results, whether you're looking at a house for sale Las Vegas or selling one.   

We are dedicated to delivering timely, balanced truths about local market Conditions in an effort to help you maintain good credit, minimize debt and achieve the dream of homeownership.

Harvey Blankfeld of The Brown Blankfeld Group hosts our show, and we have been selling homes in Southern Nevada since 1988.   Please tune in every Saturday at 11 AM on 101.5 FM 720AM KDWN for our weekly broadcast.

2024 - Episode 14 - Why are homeowners insurance rates so high? Insurance needed for a second home?

Las Vegas Real Estate NOW

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