How to Determine the Best Areas to Live
Searching for the perfect home is hard. You have a certain idea of what you want in mind, which may or may not be realistic according to your budget. What happens if your budget does not permit you to find the home you want, in the area you want? Do you compromise on the home […]
How Much Space Does Your New Home Need?
When searching for a new home we tend to go in with unrealistic expectations and demands. Don’t worry, it’s natural. However, it is often hard to determine exactly how much space you need in your new home. With hobbies, family members and general acquisition of furniture and various other objects, it’s important to make sure […]
5 Things to do When Buying a House and Applying for a Mortgage
Buying a house is a big deal and, furthermore, so is applying for a mortgage. When you’re ready to purchase a house you need to get your finances in order to work out just how much you can afford to spend. 1: Be Realistic Many people over-estimate how much they can afford on a monthly […]
Las Vegas housing market attracts more buyers
The Las Vegas housing market is finally on the way up after being labeled the “Foreclosure Capital”. With rock bottom prices, Las Vegas is seeing an influx of cash buyers as investors are grasping the opportunity for rental properties. With over 59% of homes sold in February purchased by cash buyers, the market made a […]
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 […]
FOR THE BEST PRICE, NOW IS THE TIME TO SELL YOUR HOME!
If you’re thinking about selling your home, I’m thinking of telling you NOW’s the time! Now, I’m not a clairvoyant and I’m not privy to any secret housing information, so all of this is based on my own gut feeling…. But I DO eat, sleep and breathe real estate, every single day!!! Here’s my […]
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 […]
SELLING SHORT? NOW IS THE TIME TO SELL YOUR HOME!!
SELLING SHORT? NOW IS THE TIME TO SELL YOUR HOME!! Needing to short-sale your home? NOW Is the time! Buyers are abundant and available properties are scarce. In addition, Fannie Mae and Freddie Mac have just announced new SHORTENED timelines for short-sale decisions and a couple of the major banks are changing their processes to […]