Kathy Shippen-Realty ONE Group

08/30/2026

Las Vegas Homebuyers Enjoy More Affordable Prices in July 2026
After decades of watching Las Vegas real estate trends, I’ve learned that even the slightest shifts matter—like July’s 2% dip, bringing the median home price to $480,000. Despite higher mortgage rates, sales volume continues to hold steady. Inventory has edged up, but options remain tight—especially for entry-level buyers navigating affordability challenges. On the other hand, luxury properties are moving briskly. Having started my career in new home sales back in 1993, I’ve seen cycles come and go, and I know how important it is to read between the lines of these numbers—especially for those weighing their next move in Southern Nevada.

08/29/2026

Top U.S. Cities Offering Big Savings on New Homes
Having started my real estate journey in new home sales back in 1993, I’ve seen market shifts from every angle. Right now, in several U.S. cities, we’re witnessing new home builders reduce prices by an incredible 30-70%—a direct response to elevated mortgage rates and surplus inventory. These price cuts and incentives mean that, in many areas, buying a brand-new home can actually be less expensive than purchasing an existing one. It’s a rare window I haven’t seen often since my early days in Summerlin, when I was honored as "Sales Agent of the Year." For anyone considering new construction, it’s an unprecedented time to explore your options.
https://www.housing-trends.com/agent-news/kathy-shippen/1885238-Top-U.S.-Cities-Offering-Big-Savings-on-New-Homes

08/28/2026

Report: Las Vegas home prices slip slightly in July
After years of watching the Las Vegas market evolve, it's always interesting to spot new shifts. In July, we saw median single-family home prices land at $480,000—a slight 1% dip compared to last year. Condos and townhomes, on the other hand, held steady at $290,000. There’s also been a modest uptick in listings without offers, while overall sales have remained consistent—though still quieter than the busiest years we’ve experienced. Having been immersed in Las Vegas real estate since 1993, I know these subtle changes often open up new opportunities for both buyers and sellers.

08/27/2026

US Mortgage Rates Hold Mid-6%
Having been in real estate since the early '90s, I’ve seen mortgage rates cycle through their highs and lows. Right now, with the average 30-year fixed rate hovering near 7% in mid-Q3, most experts anticipate we’ll stay in the mid-6% range through 2028—no dramatic drops on the horizon. For buyers, holding out for those much lower rates could mean missing out on a market where price growth is more modest, inventory is improving, and there’s less of the frenzy that defined previous years. Pending and existing home sales are ticking up, and with more listings and builder concessions available, there’s greater flexibility for both sides of the table. While refinancing for a lower payment may be limited, it’s still worth considering options like shortening your loan term, switching from an ARM, or tapping into equity for other goals. Each market comes with its own set of opportunities—I’ve learned that firsthand since my early days selling new homes.

08/27/2026

08/26/2026

Renting Is Cheaper, but the Gap Is Shrinking

08/25/2026

Starter Homes Are Becoming More Affordable—Here's What First-Time Buyers Should Know
Having started my career in new home sales back in 1993, I’ve witnessed firsthand how affordability trends shift over time. Right now, it’s encouraging to see that the income needed to purchase a starter home in the U.S. has dipped to about $70,693—a 1.5% decrease from last year. With median incomes now surpassing this benchmark by $17,000, first-time buyers may find more options within reach, even though mortgage rates remain on the higher side. For those exploring homes at the median price, the income requirement rises to around $109,796. As someone who’s helped many navigate these milestones since my early days as Summerlin’s “Sales Agent of the Year,” I know how important this information is for making your first move with confidence.

08/25/2026

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08/24/2026

Las Vegas Market Update