If you’re thinking about buying or selling a house, it’s important to know that it doesn’t just affect your life, but also your community. The National Association of Realtors (NAR) releases a report every year to show how much economic activity is generated by home sales. The chart below illustrates that impact: As the visual […]
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This Time Around, Homeowners Are Better Positioned To Weather a Recession
Though fears of an oncoming recession remain potent, Las Vegas mortgage experts say existing and aspiring homeowners shouldn’t worry about a housing market crisis to rival that of the late 2000s. Mortgage providers are much more well-equipped to face economic calamity than they were in 2008, and homeowners just need to know how to ask […]
What Home Buyers Need To Know About Credit Scores
If you’re considering buying a home, you should know that your credit score is an essential piece of the puzzle when qualifying for a home loan. Lenders review your credit to assess your ability to make timely payments, pay off debt, and more. It is also a factor that helps determine your mortgage rate. A […]
Eco-Friendly and Energy-Saving Homes Attract Buyers
Are you planning to sell your house? If so, you may be surprised to hear just how much buyers value energy efficiency and eco-friendly features today. This is especially true as summer officially kicks off. In fact, the 2023 Realtors and Sustainability Report from the National Association of Realtors (NAR) shows 48% of agents or […]
The Real Cost of Selling Your Own Home
Selling a house is no easy task. While some homeowners choose to sell their homes on their own, known as FSBO (For Sale by Owner), without the guidance of a real estate agent, many face a variety of challenges. face Here’s what you need to know if you’re an individual looking to sell your home […]
Why Home Ownership Wins in the Long Run
Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership when making your decision. Consider this: if you know people who […]
What is My Home Value in Las Vegas? | Top Questions to Ask
As a home seller, one of the top questions you will be asking prior to setting an asking price for your real estate listing is what your home value in Las Vegas is. Determining your home value can be a challenge unless you have assistance from a real estate professional and plenty of important information […]
Lending Standards Are Not What They Were Before The Crash
You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it. In 2004, the index was around 400. But, […]
Where Do You Go When You Sell? A New Home May Be The Answer.
Looking to sell your home but worried you won’t be able to find your next one on today’s market? You’re not alone, but we have some good news that might ease your worries. Construction of new homes is on the rise and is an increasingly important part of the housing stock. That said, if you’re […]
Assessing your Wants and Needs As a Homebuyer is More Important Today
When it comes to buying a home, it’s important to be strategic, especially considering today’s affordability challenges. Mortgage interest rates affect the cost of obtaining a mortgage. To offset today’s rising cost of borrowing, some homebuyers are scouring their wish lists and reassessing the features they really need in their next home to avoid being […]
