Las Vegas Real Estate News
Las Vegas
Despite 2020 COVID Outbreak, U.S. Home Sales Enjoyed Most Activity Since 2006
Existing U.S. home sales rose in December, with total home sales in 2020 reaching their highest level since 2006. Activity in the major regions was mixed on a month-over-month basis, but each of the four areas recorded double-digit year-over-year growth in December.
Mortgage Loans in Forbearance Dips to 5.46 Percent in U.S.
The Mortgage Bankers Association's latest Forbearance and Call Volume Survey is reporting this week that the total number of U.S. loans now in forbearance decreased from 5.53% of servicers' portfolio volume in the prior week to 5.46% as of January 3, 2021.
Greater Las Vegas Ends 2020 with Record-Breaking Home Prices
Las Vegas Realtors are reporting that local home prices remained in record territory as 2020 came to a close, with rising home sales and a shrinking housing supply.
Driven by COVID Concerns, U.S. Holiday Travel to Decline 29 Percent in 2020
Public health concerns and travel guidance are influencing their decisions not to travel over the year-end holidays, a period that typically sees high demand for vacations.
