What is happening with Real Estate? No Buyers, No Sellers.

Описание: 0:00 Intro
3:00 Major Market Drivers
4:49 Year-to-Date Transaction Volume Falls
11:05 Unemployment and Recessions
21:35 Discussion about Interest Rates and the FED
33:41 Stagflation
36:12 QE and Justin’s Recommendations for the FED
48:22 Market Update (Sales Prices)
53:05 Market Update (Demand Numbers)
56:51 Market Update (Supply Numbers)
1:04:55 Outro

Las Vegas Real Estate Market Update for September 2025
Welcome to your go-to source for the latest insights and updates on Real Estate!
In this Update Video, I provide a deep-dive into the Issues Causing the Significant Slowdown in the Real Estate Market
1. Real Estate Sales have slowed (4.5% below 2024 YTD, 3.2% below 2023 YTD)
2. Lowest Year-to-Date Transaction Volume in a Generation
3. Driven by Fear and Uncertainty
4. Economy headed into Recession, Unemployment Increasing, Inflation also Increasing
5. Stagflation is here, and it will get worse
6. I provide an in-depth discussion of Interest Rates and the FED
7. I provide Justin’s recommendation for what the FED should do to solve this problem

Market Highlights:
1. Price Down Slightly:
o The median price for single-family resale home decreased to $470,000, which is in line with most of 2024.
o Median price for a resale condo fell to $230,000 (down 8.0% YoY).
o Median price for a resale townhome decreased to $335,000. (down 1.5% YoY).

2. Sales Volume – Incredibly Weak:
o SFR resales were Down 1.2% MoM to 1,631. That’s 206 fewer houses sold than July.
o Condo resales were Down 20.1% (54 fewer units) to 215 Month-over-Month.
o Townhome resales were Down 9.0% MoM to 181.
o Interestingly, these weak demand numbers occurred with no real changes in prices or interest rates, so this occurred due to extreme uncertainty in the macro-environment.

3. Supply – Shockingly Weak:
o SFR for sale listings were Down (3.1% or 172 units).
o Condo listings Decreased, by 123 units or 7.4% MoM. Townhome listings were also Down, by 23, or 2.0% MoM.
o Annual Inventory Growth has been decreasing sequentially over the past four months.
o Newly Listed inventory (slightly down) indicates supply will likely show negative growth next month as well.

Key Takeaways:
• Fear and Uncertainty are driving the current market.
• Only “Need-To” Buyers and Sellers remain, “Want-To” participants have left the market for now.
• Inventory is tight, so decreases in interest rates could lead to higher prices showing up quickly.

Subscribe and Stay Updated: Don’t miss out on future updates! Subscribe for the latest on building wealth through real estate in Las Vegas.
________________________________________
For further inquiries or personalized real estate advice, feel free to reach out. I’m here to help you navigate the complexities of the Las Vegas housing market and achieve your real estate goals.
________________________________________
Justin is a Navy veteran, and at the Chong Miller Group, about one-third of our clients are active-duty military or veterans, allowing us to develop significant insights into the specialized housing and financing needs of military members and their dependents. We also deploy this knowledge more broadly, to help investors and primary property buyers and sellers relocating to (or around) the Las Vegas Valley.

This video is a production of the Chong Miller Group, a Las Vegas real estate team, and features team principal Justin Miller. The data used in this video are from a variety of business and real estate sources. The Chong Miller Group is an independent real estate business, with our licenses hanging at Keller Williams Marketplace.

Justin Miller, Las Vegas Real Estate Broker/Salesperson, License No. BS.0145509 | Ph.D. NYU/Stern School of Business
Helping people build wealth through real estate.

Keywords:
1. Fear and Uncertainty Driving Market
2. Las Vegas real estate market update September 2025
3. Real Estate resales
4. Las Vegas home prices September 2025
5. Las Vegas real estate inventory September 2025
6. Fake Real Estate News
7. Real estate trends
8. Real estate investment