Southern Nevada home price growth trailed the national average in 2019. Housing prices in the Las Vegas market saw a growth rate of 2.9% in 2019, one of the slowest rates in the nation. Phoenix led the Top 20 markets with a growth rate for home prices of 6.5%. The year-end numbers weren’t seen as […]
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Thinking of Selling? Now May Be the Time.
Thinking of Selling? Now May Be the Time. The housing market has started off much stronger this year than it did last year. Lower mortgage interest rates have been a driving factor in that change. The average 30-year rate in 2019, according to Freddie Mac, was 3.94%. Today that rate is closer to 3.5%. […]
Strategy Key To Nevada Builder Trade-In Program
When someone buys and sells a home at the same time, it can be really stressful because the process is confusing and there’s so much money on the line. It’s really important to develop a well-thought-out strategy before hanging a ‘for sale’ sign in front of your home or visiting any sales offices.The contingency program […]
Summit Opens Regina Ridge in Northwest Las Vegas
Summit Homes of Nevada and Presidio Residential Capital have opened Regina Ridge, a new community in northwest Las Vegas offering 18 single-family detached homes. Regina Ridge is off Centennial Parkway and Fort Apache Road. Prices start in the mid-$400,000s. “This community offers it all — luxurious homes with lots of flexibility for families in a […]
What You Should Know About Buying A Rent To Own Property In Las Vegas
You are in the market to purchase a home, but maybe your credit isn’t exactly where you need it to be. Maybe you don’t quite have all of your down payment yet. Maybe you would like to “test drive” a property for a few years. If these scenarios sound like you, then a rent to […]
Entry-Level Homeowners Are in the Driver’s Seat
Entry-Level Homeowners Are in the Driver’s Seat One thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest Home Price Insights report, CoreLogic reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020. Why is this good news for the […]
EXPLORING NORTH LAS VEGAS: DINING, ATTRACTIONS, SHOPPING AND MORE
Among the different parts of the Las Vegas Valley—Downtown, Henderson, Summerlin, even unincorporated Clark County—North Las Vegas tends to get overlooked most. The city of 252,000 Nevadans is often brushed aside or forgotten in favor of flashier municipalities. But the place sometimes known as Northtown is coming into its own. Founded in 1919 and incorporated […]
Home Value Growth Expected to Re-Accelerate Just in Time For Home Shopping Season
Annual U.S. home value growth has slowed in each month since April 2018 – The typical home in the U.S. is worth $245,193, up 3.8% from a year ago. – There were 1,500,262 homes listed for sale in January, down 8% from a year ago. – Typical U.S. rent grew 2.3% to $1,602. Annual U.S. […]
Opportunity in the Luxury Market This Year
Opportunity in the Luxury Market This Year Homes priced in the top 25% of a price range for a particular area of the country are considered “premium homes.” At the start of last year, many of the more expensive homes listed for sale hadn’t seen as much interest, since much of the demand for housing […]
Interest Rates Over Time
Interest Rates Over Time With interest rates hovering at near historic lows, now is a great time to look back at where they’ve been, and how much they’ve changed over time. According to Freddie Mac, mortgage interest rates are currently hovering near a five-decade low. The impact your interest rate has on your monthly […]
