It’s not a secret that we’ve been battling a shortage of homes here in Southern Nevada for a number of years now and in typical “Sales 101” fashion the lack of supply has driven up home prices. With rental costs increasing and mortgage interest rates remaining near historic lows, more and more people are looking into buying a home. The problem that they’re finding is that the prices may have increased past their buying power.
A recent Las Vegas Review-Journal Article confirmed that from the beginning of 2017 to the end of 2017 the median house price has increased by 14% to $267,900. With the continued low inventory there does not seem to be an end in site.
If you’re considering Buying a home in 2018 contact us today at (702) 501-8726! Don’t let home prices go past your budget and miss out on the American Dream!
If you haven’t already heard, it’s a Seller’s Market that’s HOT HOT HOT right now! With the right representation (yours truly) it seems as though listings are going into contract within 48 hours after hitting the market. We continue to have a shortage of inventory and the demand is outpacing the supply.
The photo for this blog is from one of our latest listings. We had 10 offers in less than 24 hours and almost immediately opened escrow!
We’ve found that a properly priced home is seeing multiple offers that could actually drive the price up. That strategy has helped us avoid overpricing the home causing it to sit on the market longer than expected. A house that sits on the market causes some Buyers to ask, “What’s wrong with it that it’s been on the market (blank) days?” …and they’re absolutely right. If the house needs some TLC, you’ll need to properly price it. If it’s absolutely turnkey, you’ll need to properly price it. If it’s somewhere in the middle, you’ll need to properly price it.
Let us help you with coming up with a proper pricing and maximize the profit when selling your home. Contact us anytime. (702) 501-8726 or firstname.lastname@example.org
Recently I met with Mike Cornachio, Branch Manager and Loan Officer with local lender Castle & Cooke Mortgage, and discussed some tips in getting a home loan. We covered a variety of items (credit requirements, job requirements, timeline, etc.) and we decided to film a little Q & A segment to help Buyers out there with the process of applying for a home loan.
Mike has helped numerous clients of mine in the past and not only does he have access to some of the best interest rates around, his fees are some of the lowest offered!
We’ve been helping more and more of our Buyers with new construction home purchases lately. The continued lack of resale inventory simply is making the American Home Buying Dream into a discouraging nightmare. The continued lack of home supply is simply not keeping up with the demand. Not to mention that many of the resale homes on the market are in need of repairs and remodeling which can be quite expensive and intimidating. It makes the beauty of and ease of a buying new construction that much easier when having the right REALTOR® representation.
Working with the various Builders in Henderson, we know the communities, pricing, floor plans, sizes, and most importantly the Current Builder Incentives! The best part is just like when buying a resale home our service and help representing you as a buyer is absolutely free! No broker fees, transaction fees, or commissions are paid by you.
Below is a link to a recent Las Vegas Review Journal article discussing the massive increase in new home sales to start off 2017. It seems that the secret is out with buying a Brand New Construction Home! Contact us today to get started finding your New Dream Home!
With more and more people relocating to Southern Nevada from Southern California the overwhelming savings with their cost of living is still leaving many transients in shock. Their dollar is stretched much farther allowing them a luxury lifestyle that was unattainable in tax heavy California.
I recently previewed a luxury home in Henderson’s MacDonald Highlands for a client relocating from California and took the opportunity to film a quick video pointing out some cost of living facts.
Comparing the Southern NV luxury lifestyle to Southern CA
If you’ve had Kandis & I represent you when buying or selling a home (or you know us personally and know our passion for our clients), then you know we set the bar very high for REALTORS. My latest video helps explain the different when having two top producing real estate agents on your side makes all the difference….we’re full time REALTORS who eat, breathe, and sleep real estate! After all, you need to trust in your real estate agent in selling for top dollar or buying at the best possible price! Contact us today to get started with the representation you deserve!
If you’re familiar with our Blogs/Facebook/Twitter posts, you know that I use my Youtube videos to market and promote but to also educate Buyers and Sellers. One particular video I did last year about The Home is Possible Grant for free money for your home down payment has now been seen by over 1,000 people! If you haven’t seen it already, here it is! Keep in mind that the program is still going strong and now offers down payment money for Conventional, FHA, & VA Home Loans! Contact me today to get started! You can call or text (702) 501-8726 or email me at email@example.com
Don’t get me wrong, there are certainly scenarios when renting a home or an apartment might be best for your situation (bad credit, not planning on setting “roots” in Southern Nevada, etc.) but with the positives most likely outweighing the negatives….I have to ask, “Why are you still renting?”
My quick video above explains the numbers pretty clearly. Stop throwing your money away each and quit making your landlord rich! With interest rates remaining at record lows and rental prices rising, stop Renting! You can now have a mortgage payment at less than a monthly rent payment.
Take advantage of those record low interest rates, Mortgage Company lenient underwriting, Down Payment Assistant Programs, Tax Deductions and contact me today to get started!
One more week of progress and it couldn’t come any sooner….this hotel life is getting really old! Luckily our new home and the Aventine community is nearing the home stretch. Since Episode 2 they’ve installed the drywall, door frames, and added the stucco to the exterior. It looks like a home! Check out the latest video and as always, contact us to BUY or SELL in Southern Nevada!