existing home sales jumped 5.5% last month to a 13-month high

existing home sales jumped 5.5% last month to a 13-month high

US Stock markets are plummeting this morning after heavy selling took place in Asia overnight and Europe today.

Some good news this morning comes in the form of Oil and existing home sales. Oil prices are down $4 to nearly $64 per barrel, despite an announcement that OPEC will cut oil production. Maybe because of our  election? Who knows.

 And, in the housing market, existing home sales jumped 5.5% last month to a 13-month high. Now that’s  good for our economy.

If you are interested in relocating to Las Vegas or would like information on Las Vegas real estate, please email me, Bob Ratliff with RE/MAX CENTRAL LAS VEGAS, at rratliff@remax.net, or call me at 702-807-5528. I look forward to hearing from you!