The median home value in Las Vegas is $273,500 on Zillow. Las Vegas home values have gone up 11.7% over the past year and the Las Vegas real estate market prediction is that they will rise 8.1% within the next year. The Las Vegas real estate forecast shows that there are so signs of slowing […]
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How Quickly Can You Save Your Down Payment?
Saving for a down payment is often the biggest hurdle for a first-time home-buyer Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in each state. Using data from HUD, Census and […]
The housing market is in flux heading into prime buying season
The housing market in recent years has been stuck in the same position and is in flux heading into prime buying season. A limited supply of homes for sale has led to competitive bidding that pushed prices higher and higher. Prospective buyers trying to keep up with skyrocketing prices have at least had low interest […]
Real Estate Trend #3: The Majority of Home Buyers Are Millennials
Move aside, baby boomers and Gen Xers! Guess who’s taking the over the homeowner leaderboard? Yep, you better believe it. The majority of home buyers are Millennials. They’re getting older and finding stable careers. Their household income has increased to $88,200, and they’re looking to buy their first homes in middle and upper-middle class neighborhoods.(4) […]
Real Estate Trend #2: Mortgage Interest Rates Are on the Rise
Call it the seven-year itch. Mortgage interest rates are on the rise after years of being at a standstill. Interest rates are projected to increase to an average of 5% for a 30-year mortgage and 4.4% for a 15-year mortgage (the only type of mortgage we recommend).(3)Mortgage interest rates are on the rise after years of being […]
Buying a Home? Learn More About Property Taxes
Most first-time homeowners realize that along with buying a home will come the responsibility of paying property taxes. Accordingly, it is important to learn more about property taxes. What may come as a surprise is how much property taxes can add up to, requiring many to budget for this expense that can amount to thousands […]
Everything You Need to Know about Nest Protect: Smoke + Carbon Monoxide
Not sure exactly what this new technology can offer you and your family? Here’s what you need to know about Nest Protect: Smoke + Carbon Monoxide, which is an alarm system designed to protect you. The threat of home fires and carbon monoxideDespite recommendations to test your smoke detectors regularly – ideally on a monthly […]
Real Estate Trend #1: Home Prices Are Rising Slowly . . . With Less Offers
Unless you’ve been living under a rock, you’ve heard that during the course of 2017 and early 2018, home prices made a giant 10% jump. Wow! This year, however, may be a different story. Home prices rising slowly in 2019, at a much slower pace. In addition, the number of homes for sale is only […]
Get Ready for Summer with Optional Coverage
If you have a pool, chances are that friends and family flock to your house on hot summer days. After all, there’s nothing more relaxing than lounging around in the water with the people you love. Protecting that pool may be more difficult than you realize. In fact, get ready for Summer with optional coverage. […]
Everything Sellers Need to Know About Home Disclosure Requirements
Home selling disclosures are a necessary aspect of many real estate transactions, especially when the home is not a newly constructed home. Disclosure is essentially the seller’s opportunity to share any knowledge they have concerning potential problems or defects on the property. Today, many states have set seller disclosure requirements pertaining to what sellers must put […]
