Joanna Piette nominated for Best Real Estate Agent

New Home Resource’s very own Joanna Piette has been nominated in this year’s Best Of Silver State Awards. With three competitors for Best Real Estate Agent in the Real Estate category, she needs your vote via the Facebook voting app which closes on June 1, 2013. The Best of Silver State Awards award ceremony will […]

Update on Las Vegas Real Estate

Happy Holidays!   There has been quite a bit going on in our marketplace today, from even further constraint in available housing, to increased NOD filings, to even higher sales prices in recent months. A little bit of history……   In August 2009, Clark County saw a whopping peak of 11,482 filings of Notices of Default.    The […]

Low inventory in Las Vegas is driving up home prices

  The lack of resale housing available in Las Vegas has caused all out-frenzy to buy, perpetuating a steady increase in pricing over the past year. The GLVAR (Greater Las Vegas Association of Realtors) reported earlier this month that the median price of single-family homes is up almost 14% since September 2011, and some sources […]

What is going on with appraisals today??!!

What is going on with today’s home values??!!       Whether you’re a buyer or seller in today’s market, it’s probable you’ll encounter appraisal issues! Low inventory, likely due to AB284, has caused an all-out bidding frenzy for the few homes on the market today.   Prices are regularly being bid higher by anxious buyers, and prices set […]

The Mortgage Debt Relief Act is About to Expire!

The Mortgage Debt Relief Act is soon to expire!   And Congress has not mentioned a word about extending it…..     NOW is the time to get your short sale completed!    Let me first remind everyone that we’re not attorneys,  and do not profess to understand this Act nor the law it its entirety.     Seek professional […]

WHAT IS AB284 AND HOW IS IT AFFECTING THE LAS VEGAS HOUSING MARKET?

The assembly bill known as AB284 became effective 10-1-11 and dramatically reduced the number of foreclosure filings in Nevada.       Just as a disclaimer, we’re not attorneys and don’t even pretend to explain nor understand the whole of the law. To put it as simply as possible, the bill requires lenders to file an affidavit regarding the possession […]

Home Warranty or NO?

A new home purchase is one of the largest investments a person will ever make. A Home Warranty is simply a service contract.  It helps to safeguard homeowners against the high cost of repairs or replacements to the major mechanical systems and appliances that fail due to normal wear and tear.    A home warranty offers the convenience […]

How Important Are Customer Reviews?

Whenever I make a purchase from eBay, I always read through the seller’s “Feedback” before committing to buy.   I need to know if this seller is slow to ship, regularly does a terrible job in describing his product, or is a flat-out thief.   My purchase of that item is going to be heavily-weighted based on […]