Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs. To […]
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Homes a Cool Million Can Buy in Las Vegas Valley
There’s something hot about a cool million. Even with inflation, there’s a reason people still compliment others with “You look like a million” and talk about feeling great by comparing themselves to a million bucks. The addition of that seventh digit still denotes class and luxury, and that’s true even in a superheated housing market. […]
Henderson County Building Activity Nearly Doubles as Home Construction Picks up in May
Construction in Henderson and Henderson County so far this year is running nearly double that of last year, when COVID-19 concerns evidently put a temporary pinch on new home construction. Through the first five months of this year, construction value has totaled $13.4 million (including $5.4 million in the city and $8.0 million in the […]
Las Vegas’ Fast-paced Housing Market Trails Other Cities
In the Indianapolis suburbs, a house-hunting couple left some postcards on people’s doorsteps saying they loved the place — and asking the owners to call if they were interested in selling. In the Twin Cities, a couple looking to buy their first home made eight offers — averaging around $30,000 above the asking price — […]
High Net Worth Report Summarizes Luxury Housing Trends of Past 12 Months
The Private Bank by Nevada State Bank released the latest edition of its High Net Worth Report series today. Issue 1 of 2021 provides a summary of trends in the luxury housing markets in Southern Nevada and Northern Nevada. This issue includes an analysis of broad market-level trends in sales and prices as well as […]
Are Interest Rates Expected to Rise Over the Next Year?
So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have […]
Things All Neighbors Should Know
Good fences make good neighbors, but when tree branches extend over those fences—or property lines—neighbors can become grouchy. he most admired and sought-after natural specimens in the landscape, trees do more than provide soothing summer shade—they enhance curb appeal and increase the property’s value if they’re cared for. However, trees that grow on or near property lines […]
Las Vegas’ Homebuilding Market Shows No Signs of Slowing Down
Las Vegas’ homebuilding market shows no signs of hitting the brakes as buyers snap up properties and developers draw up more construction plans. Builders notched 1,215 net sales — newly signed sales contracts minus cancellations — in Southern Nevada in April, up nearly 400 percent from 244 sales in April 2020, when the valley’s housing […]
4 Big Incentives for Homeowners to Sell Now
The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market is for more listings […]
Beautify those Bedrooms Before you Sell
You’re ready to list your house—but are your dated bedrooms a turn-off to prospective buyers? Today’s buyers are more focused than ever on finding luxe master suites that double as relaxing retreats. “Pre-pandemic, nobody really cared about the bedroom. Now, people need somewhere to get away,” he says. “Bedrooms are really becoming a place of […]
