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“ASK LAURA ABOUT REAL ESTATE”<br />
What is Happening With Home Prices?<br />
If you are thinking of selling your home, you may be feeling unsure about what’s happening with<br />
home prices and fear whether or not the worst is yet to come. That’s because today’s headlines<br />
are painng a very negave picture. Contrary to those headlines, prices aren’t in a freefall. The<br />
latest data tells a very different (and much more posive) story.<br />
If we take a look at the year‐over‐year data, home prices stayed posive – they just appreciated<br />
more slowly than they did at the peak of the pandemic.<br />
In the rst half of 2022, home prices were climbing, and they peaked in <strong>June</strong>. Then, in July, home<br />
prices started to decline slightly. By roughly August or September, the trend began to stabilize. As<br />
we look at the most recent data for the early part of <strong>2023</strong>, we see a recent rebound in momentum<br />
with prices cking back up. Monthly changes in home prices are gaining steam, slowly but surely,<br />
as we move into the busier spring season.<br />
Laura Harbison<br />
Broker/Owner— B.0026537.LLC<br />
Seniors Real Estate Specialist ® (SRES)<br />
Accredited Buyer Representave ® (ABR)<br />
Graduate, REALTOR ® Instute (GRI)<br />
Equator Plaorm Planum Cercaon<br />
Equator Short Sale Agent Cercaon<br />
Cered Residenal Specialist (CRS)<br />
Advanced Evaluaons Cercaon<br />
At Home With Diversity (AHWD)<br />
Broker Price Opinion Resource (BPOR)<br />
Probate Specialist Cercaon (PSC)<br />
NVS Instute BPO Cercaon<br />
Five Star BPO Designaon<br />
Cered Distressed Property Expert ® (CDPE)<br />
Resort & Second‐Home Property Specialist<br />
(RSPS)<br />
NAWRB Cered Delegate Spokeswoman<br />
Disnguished Real Estate Broker ® (DRB)<br />
What Does This Means to You ?<br />
<br />
<br />
Sellers: If you’ve been holding off on selling because you’ve been worried about what was<br />
happening with home prices and how it would impact the value of your home, it may be me<br />
to jump back in. You don’t have to put your needs on hold any longer because the latest<br />
data shows a turn in your favor.<br />
Buyers: If you’ve been waing to buy because you didn’t want to purchase something that<br />
would decrease in value, you now have the peace of mind things are going in the right<br />
direcon. Buying now lets you get into the market before home prices climb more and gives<br />
you the chance to own an asset that typically grows in value over me.<br />
Boom Line<br />
If you put off your plans to move because you were worried about home prices falling, data shows<br />
the worst is already behind us and prices are actually rising now. Call me today if you would like<br />
more informaon ‐ I’m here to help!<br />
Sharing your goals,<br />
Laura@HarbisonRealEstate.com<br />
www.LauraHarbisonRealEstate.com<br />
Call Laura Today!<br />
702‐777‐1234<br />
Laura Harbison, ABR, AHWD, BPOR, BS, CDPE, CRS, DRB, GRI, RSPS, SRES<br />
Realty Execuves Southern Nevada Properes<br />
Broker/Owner License # B.0026537.LLC<br />
770 Coronado Center Drive, Ste. 160<br />
Henderson, NV 89052<br />
Office: 702‐777‐1234<br />
2<br />
<strong>June</strong> <strong>2023</strong>
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