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 […]
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 […]
Solar Lighting for Your Yard
One of the simplest, most economical and also eco-friendly ways to provide lighting in your yard is to use solar lights. Solar lights can bring ambiance to your home and yard for all those summer parties and back yard entertaining. There are a wide variety of solar lighting options on the market that can help […]
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 […]
Finding A Neighborhood With Great Schools If you have children, or even if you don’t yet but plan to in the future, schools are something you will need to take into consideration when you search for a new home. In most areas, certain boundaries define which schools your children will go to, and switching to […]
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 […]
Buying a house, sight unseen?
Never before today in my real estate career have I encountered so many folks who are buying property, sight unseen. In today’s busy, busy world of real estate purchases, more and more out of state and foreign buyers are wanting to invest in the Las Vegas housing market. I personally think NOW NOW NOW is the time […]
Is it possible to obtain home financing after short sale or a foreclosure?
As Realtors, one of the first things we do is make sure the buyer in our car has the ‘ability’ to buy: either they have cash funds to purchase, or they need financing. Buyers who’ve had a short sale or a foreclosure often think it’s the end of the road for them…. that due to their impaired […]