Ep#48-iBuyer Offerpad goes public at $2.7B valuation, Cryptocurrency, and Rental Markets

Las Vegas, dubbed the riskiest housing market in the nation less than a year ago by real estate analyst CoreLogic, is on track to price the working class out of the market by the end of the year, says Las Vegas Realtors president Aldo Martinez, and Wall Street is scrambling to scoop up the rentals would-be buyers will be forced to lease. Southern Nevada’s housing market, rumored to be on the brink of collapse since it began recovering in earnest from the crash of 2007, is among the upstarts of the pandemic economy, which has seemed disconnected from reality at times, with record stock market and real estate gains starkly contrasted against a backdrop of widespread financial and emotional despair. In September 2020, real estate analyst CoreLogic predicted with 70 percent certainty that home prices in Southern Nevada would fall by 7.8 percent by July 2021. What seemed like a sure bet proved to be a fool’s wager. The median price of a home — $385,000 — has increased more than 14 percent since CoreLogic deemed Las Vegas the riskiest market in America. The company did not respond to questions submitted by the Current. “Their crystal ball works about as well as everyone else’s,” says Martinez. “If it were a science, Wall Street would be making a gazillion dollars.” https://youtu.be/TXcGgXZYfqg- Hiring a Home Inspector with Experienced Training And Certification Will Save you Thousands https://youtu.be/1aO5_Ft6Gyw : Here Are The Newest And Best Locations To Buy A Home In Overpriced Las Vegas. https://youtu.be/-uw2HbPbO8c : Vegas Covid Restrictions Opening Up And How To Land A Home In A Seller's Market? https://youtu.be/B3-sw_jfla8 : Things To Know Before Buying/Moving To Las Vegas And Americans Less Motivated To Work https://youtu.be/1aO5_Ft6Gyw : This is the most overvalued housing market in America. Spoiler: It’s not in California. https://youtu.be/ak_d72u4SBo : New Home Lottery Is Back In Las Vegas https://youtu.be/5DuRlwUC7_o : Las Vegas Sands Leaving Gaming https://youtu.be/Xdz4ChL5ih0 : Hot