$UMAX The performance of the Las Vegas new housing market

New Post Public Reply Private Reply Replies (0) Message Board
Lets Roll
99
$UMAX The performance of the Las Vegas new housing market in 2020, and the predicted substantial increase in demand for new homes in the Las Vegas Valley in 2021, has driven the increased demand for the products of Home Foam Corporation leading to its need to move to a larger facility. In the Las Vegas Review Journal on December 24, 2020, the byline was “Las Vegas Housing Market Expected to Stay Hot in 2021″. In this article, it stated that the National Association of Realtors expected national home sales to rise 7 to 10 percent in 2021. The article went on to suggest that the Las Vegas market should outpace this national forecast and specifically states that Las Vegas has also long been a popular spot for people to move from higher-priced areas, especially Southern California. The article went on to say that: (1) home sales growth was accelerated during the pandemic as exiled office staffers work remotely and buy bigger more affordable homes in Southern Nevada; (2) the Las Vegas’ housing market was initially hit with turbulence after the pandemic upended daily life, as the valley’s sales pipeline shrank rapidly, but the real estate market recovered and is now at its most frenzied level in years; (3) new home sales by the end of 2020 may have reached the most since 2007; and (4) local home builders predict that the Las Vegas new home market will be strong in 2021 which is being mainly driven by out of state buyers, mostly Californians, which is driving the predicted increased sales in 2021 and beyond. The expected increase in new home starts in the Las Vegas market is being driven by historically low interest rates, low than normal home inventory for sale, first time home buyers, and new residents moving to the valley from high price áreas like California and New York. This is an economic trend that should last for several years to come. UMAX and Home Foam plan to take full advantage of this predicted economic growth.
Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!
Scroll down for more posts ▼

Top 10 Most Recent News Articles

FFR Sets New Sales Record, Eyes Market Expansion

Updated Category News Views 72

FFR Breaks New Ground With Record Sales Something big's brewing at FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR), and it's causing quite the ripple. Picture this: 351 devices shipped in October alone. That's a hill-climbing record for this newbie on the U.S. stock scene. February was their starting line, and they've zoomed past 1,000 units in cumulative sales, chalking up...

Continue Reading
Mastering Progressive Overload: Break Workout Plateaus

Updated Category News Views 149

Getting off the Fitness Merry-Go-Round You've been hitting the gym, feeling great, and suddenly—bam! You've hit a wall so hard you might as well be a bug on a windshield. That's where our buddy Joshua Bankes comes in, explaining the magic of progressive overload for fitness buffs. Understanding Plateau Phenomena Remember, results aren't linear. As you start a new...

Continue Reading
TikTok-Coda: A New Era for Digital Commerce

Updated Category News Views 73

Redefining Commerce in the Digital Age Alright, folks, let's chew the fat over something that's flipping the script on digital commerce. Coda, the Southeast Asian powerhouse in digital content monetization, is stirring things up with TikTok Gaming. Since June, it's been cooking up one billion views worth of creative potential from users, tightening the grip on digital...

Continue Reading
HashKey and RD Tech Partner for RDUSD Expansion

Updated Category News Views 0

A Partnership with Serious Implications Here's a fresh duo in the financial frontier—HashKey On-Chain and RD Technologies are teaming up in a bid to push the RDUSD stablecoin into the heart of cross-border trade and finance. And why does it matter? Well, in the wild west of digital finance, stablecoins are the solid ground, and these two are planting their flag. It's a...

Continue Reading
Orthocell's Remplir™ Hits Record U.S. Sales in October

Updated Category News Views 126

Orthocell's October Surprise with Remplir™ Sales Well, isn't this a breath of fresh air? Orthocell Limited just reported a staggering rise in its U.S. Remplir™ sales for October 2026. We're talking 92 units shifting off the shelves, pulling in a tidy AU$279,000. That's an 84% leap compared to the average monthly sales of 50 units in Q1 FY27. It seems the company's...

Continue Reading
Context Labs Unveils AI Distillery for Enterprises

Updated Category News Views 574

Rethinking AI with Sovereignty in Mind A bouquet of tech buzzwords lands on every investor's doorstep with the unveiling of Context Labs' latest contraption. We’re talking about the AI Distillery™, which promises enterprises a way to run sovereign AI systems by keeping data in-house. Now, if you’re nodding along to the buzz, let's cut through the clutter....

Continue Reading
Navigating the Maze of Required Minimum Distributions

Updated Category News Views 165

Understanding Required Minimum Distributions Ever felt like retirement planning is walking a financial tightrope? Well, when it comes to Required Minimum Distributions (RMDs), you're tiptoeing on a wire. These IRS-mandated withdrawals aren't just accounting quirks; they’re a cornerstone of retirement income strategy—a fact unmistakably highlighted by Janie Kelly in...

Continue Reading
UPM-Kymmene Finalizes Demerger: WISA Group to Nasdaq

Updated Category News Views 141

UPM-Kymmene Shakes Things Up Here's the meat and potatoes: UPM-Kymmene Corporation is going through a big change. They've decided to cut a part of themselves off and send it out into the world. This partial demerger has been registered, and now WISA Group Plc is stepping out from UPM's shadow. Where to? They're headed for the big league, getting listed on Nasdaq Helsinki....

Continue Reading
Abbott's SonicForce Impresses in Crucial Clinical Trial

Updated Category News Views 147

Breaking Through Cardiac Barriers Never thought I'd see the day when we're literally sending shockwaves through the heart, but here we are. Abbott's makin' waves, quite literally, with its SonicForce™ Coronary Intravascular Lithotripsy (IVL) System. They’ve just dropped some promising 30-day outcomes from the TECTONIC study, which has grabbed the spotlight at the...

Continue Reading
CPC's Rigorous Self-Governance Balances Power Effectively

Updated Category News Views 220

What's the Deal With Those Ancient Quotes? There's nothing like a quote from the Warring States Period to set the stage for good ol' fashioned governance chatter. Lu Buwei's words about rulers and compass points is historic, sure, but it speaks to the core need for standards in today's China. This isn't just some fortune cookie wisdom; it's a clarion call for order and...

Continue Reading

Top 5 Most Recently Viewed Articles

Air Transat's Challenges: A Call for Urgent Management Changes

Updated Category News Views 261

Air Transat's Challenges and Management Issues Air Transat (TSX: TRZ) is currently embroiled in a significant struggle, marked by managerial disputes and ongoing labor challenges. Pierre Karl Péladeau, representing Financière Outremont Inc., has stepped forward as a potential mediator, seeking to find common ground between the pilots and the company's management. The...

Continue Reading
US Medical Aesthetics Market Expected to Hit $16.38 Billion

Updated Category News Views 178

Overview of the US Medical Aesthetics Market The US Medical Aesthetics Market is on a trajectory towards substantial growth, with projections indicating it could reach approximately US$16.38 billion by the year 2030. The market's expansion is anticipated from an estimated US$7.62 billion in 2024. This growth trend is driven by several factors, including an increasing...

Continue Reading
Reconnect with Family Bonds: Hyatt's New Travel Program

Updated Category News Views 94

Enhancing Family Travel Experiences A new initiative by the Destination by Hyatt brand aims to enrich the multigenerational travel experience. The globally recognized collection of hotels and resorts has introduced the ‘Roots to Reunion’ program, designed to facilitate deeper familial connections while exploring stunning destinations. This program will be available...

Continue Reading
The Impressive Growth of Vertex Pharmaceuticals Over 15 Years

Updated Category News Views 217

Vertex Pharmaceuticals: An Investment Journey Vertex Pharmaceuticals (NASDAQ: VRTX) has shown remarkable performance over the last fifteen years, significantly outperforming the broader market. Investors who took a chance on VRTX have been rewarded with impressive growth, achieving an annualized return of 17.22%. This figure indicates that the stock has exceeded the...

Continue Reading
Tesla's Pricing Moves Shake Up EV Market Landscape

Updated Category News Views 234

Tesla Inc. just kicked open a can of worms in the electric vehicle (EV) space with its Semi pricing strategy. By announcing a price of $300,000 for its Long-Range trim and $260,000 for the Standard version—underneath rival pricing—Tesla isn’t just playing nice; it’s throwing down the gauntlet. This is a direct challenge to competitors that might still be clutching...

Continue Reading