Posts in category: Housing Market

Vegas Golden Knights

If you’re any kind of sports fan – or even if you’re not – there’s no denying that having not one, but two professional sports leagues coming to Las Vegas is a Very Big Deal. (How about those Vegas Golden Knights? We know people who’ve made hockey their #1 favorite sport since they arrived!)

That excitement isn’t only for the fans, either. With professional organizations like this, there are new people moving to town – working for the league, servicing the influx of visitors, providing the new commerce that surrounds a major addition like this to a city. And with Raiders Stadium under way, that level of energy is only going to keep growing.

The addition of these national sports teams is only one of the reasons that Las Vegas is seeing growth continue – along with new resorts underway, convention and new business expansions, the available job market, and much more. But it raises an important question that (admittedly probably) isn’t the very first thing people ask themselves when they prepare to move:

“How important is the right REALTOR® when looking for a home in a new city?”

The truth is, that’s one question that should be very near the top of the list – because a reputable and experienced REALTOR® is someone who can help you with several of multiple decisions you’ll confront with a big change of location. “Which part of town should I choose? How to determine the best schools, traffic, shopping, and recreation spots? Where is the best resale? Low crime statistics?” – and so much more. Your REALTOR® should be able to help you clarify your needs and wants, provide information to help you make informed decisions to meet them, and work for you to find exactly the right property at the right price for you and your family.

We’ve written articles about why the right REALTOR® matters so much (see “How to Know You’re Hiring the Right REALTOR®” and “What Do You Mean It Sold Already?”) – which discuss what to look for, and how the right one can be so instrumental in helping you get the home you want. (Great reading, and gives you things to think about!)

But the basic facts you should know about your REALTOR® are simple and irrefutable:

• How long have they been working in real estate?
• What is their experience in this city? (which parts of town do they know best?)
• What is their average number of clients at a time? (will they have time for you?)
• Are they part of a team? (can they provide timely support during your search?)
• What is their reputation in the industry? (can they give you references to contact?)

The most important thing about choosing the right REALTOR® is this: Start by doing your own research. And one of the easiest things you can do is simply pick up the phone. There’s a lot to be said for a company’s culture in how they treat every customer (especially the “potential” ones). At New Home Resource, our team is among the most experienced, helpful, and friendliest in the city. We’ll be happy to prove it – just give us a call! 702.365.1000.

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for property management, a newly built home from a local builder, or a resale property in just the right location, a New Home Resource Realtor® is here to provide the service you’re looking for. Please contact a New Home Resource Realtor® today at 702-365-1000 or visit www.newhomeresource.com. Broker Joanna Piette, and agents Denise Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, Kathy Paterniti and Heidi Colón are all here to help!

Earlier this year, the list of the 20 Top Selling Master Planned Communities for 2016 was released by research firm RCLCO, and to no one’s surprise, two extraordinary Las Vegas area master planned communities were included on that list – and you don’t even have to go past #7 to find them.

Clocking in at the #5 position is Summerlin, and at #7 is Inspirada. (Woo-hoo, Las Vegas and Henderson!) Plus, Mountain’s Edge, Providence, and Cadence also made the list of the Top 50 Master Planned Communities. That’s pretty solid proof that the real estate market in Las Vegas is recovering well from the Great Recession – (something we’ve known for some time). Considering the popularity of these areas, it occurred to us that if you’re just thinking about moving to the Las Vegas valley, perhaps a primer in a few of the successful master plans might come in helpful! Remember, this list is by no means exhaustively complete – because Las Vegas continues to grow and attract new residents from all over the country – but it can come in helpful to give you a sense of the ‘lay of the land’ to get your in-person home search under way soon.

Summerlin

Located along the western rim of the valley at the edge of Spring Mountain and Red Rock, Summerlin is the largest master planned community in Las Vegas – covering 22,500 acres. More than 100,000 people live there – which is about 5 percent of Clark County’s total population. Well-known for its thoughtful neighborhoods, beautifully landscaped avenues, and numerous parks, community centers, and hiking and biking trails – Summerlin lies at the higher end of the Las Vegas elevation with many homes offering picturesque views of both city skyline and nearby mountains – capped by the close proximity of Red Rock Canyon National Conservation Area. Many of Las Vegas’ finest homebuilders offer new communities in the various villages at Summerlin, where buyers can find both production and custom homes to choose from. Summerlin itself began selling homes in 1990, so the resale opportunities in this area are immense.

Inspirada

This 1,900-acre project is located in the heart of Henderson (which Bloomberg Businessweek ranked as one of America’s 50 Best Cities – and named America’s Second Safest City by Forbes Magazine in 2011). Situated on the southern edge of the valley, it’s among the top-selling master planned communities nationally, as we mentioned – with builders closing 564 new-home sales in Inspirada last year, up 45 percent from 2015. Nationally recognized homebuilders in this master plan include Beazer Homes, Century Communities, KB Homes, Pardee Homes, and Toll Brothers. Inspirada’s park system is one of the defining features here – with four already built and 85 acres of parks and trails planned. Community events are varied and inviting to residents of all ages, and homes range from approximately 1,500 to over 4,500 – priced from the $200s to the $400s.

Mountain’s Edge

Located in the southwest part of the valley, this 3,500-acre master planned community calls for 14,500 homes in more than 22 neighborhoods that will include multiple schools, stores, office space, and shopping centers. Builders include D.R. Horton, Woodside, Beazer, Pardee, Discover, Lennar, Toll Brothers, KB Homes and many others. Mountain’s Edge features hundreds of acres of land devoted to open spaces, parks, and trail systems. It was developed as the region’s first drought-tolerant community, estimated to save over 200 million gallons of water annually vs. traditional grass sod landscaping. Close to both the city and stunning mountainscapes and featuring an active community event calendar, Mountain’s Edge began in 2004 and was the #1 selling Las Vegas community from its opening through 2008. Both new and resale homes are available at Mountain’s Edge to explore.

Providence

Found in the northwest Las Vegas valley, Providence is a 1,200-acre master planned community that will ultimately include about 7,500 single and multifamily homes in 39 different neighborhoods. Located near schools, shopping, dining and the 215 Beltway/U.S. Highway 95 access. In addition to being in close proximity to both Nellis and Creech Air Force Bases, Providence attracted new-home builders KB Homes, Lennar, Pardee, Richmond American, Ryland, Warmington Residential, Woodside and Summit Homes. With acres of neighborhood parks and trail systems, a thriving community center and an active event calendar, Providence has previously ranked in the Top 10 master planned communities in the country. Winding avenues and numerous amenities have made Providence a lovely and peaceful addition to the Las Vegas landscape. Next stop: Mount Charleston!

Cadence

Located near the intersection of Lake Mead Parkway and Boulder Highway in Henderson, Nevada, Cadence is a 2,200-acre master planned community calling for 13,250 homes, over one million square feet of commercial property, 30 acres of trails, six schools, and a casino resort. Homebuilders include Richmond American, Lennar, Ryland, Woodside, and more. Schools, shops and restaurants are right inside this community – along with parks, pools, and trails – with the 50-acre Central Park a main draw (amphitheater, pickleball, and free wifi anyone?). Add in a bike-share program, and close proximity to Lake Las Vegas and Cowabunga Water Park – and you’ve got the makings for Las Vegas fun any time of year.

Keep in mind that both new and resale homes are available for purchase in all these areas, too. And whichever route you choose for your Las Vegas home, you can rely on the experienced services of the New Home Resource Team to look after your interests and ensure a smooth and seamless transaction.

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for property management, a newly built home from a local builder, or a resale property in just the right location, a New Home Resource Realtor® is here to provide the service you’re looking for. Please contact a New Home Resource Realtor® today at 702-365-1000 or visit www.newhomeresource.com. Broker Joanna Piette, and agents Denise Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, and Kathy Paterniti are all here to help!

owning income property

Do you know the difference between owning income property and being a homeowner? In many cases, the only thing that separates the two is your mindset. That may sound odd, but often it’s simply shifting your outlook from an “I can’t do that” to a “Why not?” frame of mind.

Here in Las Vegas, a lot of people have discovered that owning income property is a possibility, and it’s actually a lot easier to start creating a real estate portfolio than they realized. Often, it begins with making plans to move from their existing home into a new one – and deciding to keep (rather than sell) their current home and rent it out.

Many people may read that last paragraph and reply with “I need the money out of my current home to buy the new one!” In some cases, that may be true. But the truth is, most people automatically make that assumption – without sitting down with a professional to crunch the numbers. Surprisingly to many people, it’s entirely possible that it may actually make more financial sense – for tax or investment reasons – to own income property than to sell that home.

For the most part, we find that many homeowners choose to convert their primary residences into investment properties for one of two reasons.

First, if the housing market is struggling and you’re concerned the home’s value has dropped, you can postpone selling the property, rent it out to pay for the monthly mortgage payments, and then sell it when the value has risen. This was a common occurrence during the financial crisis of 2008 – as many homeowners went this route to stay afloat while the economy got back on its feet.

The second reason is that many choose to take advantage of excellent financing now available at the current low interest rates to purchase their next home, leaving them with the option to turn the original home into a rental and increase their income. This can turn out to be a great opportunity, often with a better return on investment than the stock market. Additionally, if the home was originally purchased as a primary residence, it likely had a low interest rate – and when you transition your home to an investment property, you’ll be able to keep this perk.

Whichever route you choose to start the first of your (hopefully) many rental properties that will bring you additional income over time – be sure to make yourself aware of the responsibilities you bear as a landlord to ensure all the legal requirements are met. And of course, having the assistance of an expert in this area is invaluable – from knowing the state of the current local rental market to the financial obligations and details that must be attended to.

The best way to start off on the right foot in owning income property is to find the right Property Manager to help you be assured that you’re doing it all “right” from the start.

Recently, New Home Resource posted a 4-part series of articles that explain in detail “How a Property Manager Takes Care of Business.” In this series, you’ll find out pretty much everything you need to know about taking care of your rental home – as well as why it’s a good idea to work with an experienced Property Manager; including ways to protect your investment, locating and taking care of tenants, and much more.

So, before you just decide to list that home for sale and move to the next one, give some thought to the fact that this may be your chance to start building a real estate ‘empire’ of your own. One that can not only bring you and your family additional income, but help to improve your financial bottom line for the future, as well. And always remember that the professionals at New Home Resource Property Management are here to help you find your best options to make it happen.

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for property management, a newly built home from a local builder, or a resale property in just the right location, a New Home Resource Realtor® is here to provide the service you’re looking for. Please contact a New Home Resource Realtor® today at 702-365-1000 or visit www.newhomeresource.com. Broker Joanna Piette, and agents Denise Moreno Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, and Kathy Paterniti are all here to help!

image003When it’s a seller’s market, competition among buyers is just a(n unfortunate) given. It’s great for the owner, of course – but frustrating when one home after another escapes your grasp because another buyer’s offer is accepted over yours.

Maybe that’s why just sometimes, a little out-of-the-box thinking can come in handy. Sure, money talks – but it’s not the only language a seller speaks. And if a buyer can be creative enough, they might just find a way to turn the tide in their favor. Don’t believe us? Here’s a few examples where going off the beaten path made all the difference for these buyers and sellers.

Pizza, Anyone?

As most people know, the real estate market in Portland, Oregon has been hot for a while now. So when Donna DeNicola found the home she wanted to buy last summer, she wasn’t surprised there were four other offers on the table ahead of her. In order to catch a break, her offer was above the asking price, she threw in free rent for the owners, and added one unusual clause: She would provide the seller with a free pizza every month for life. (By the way, Donna just happens to own an Italian Restaurant in Portland.) It ended up being just enough to make the difference for the sellers, because her offer was accepted over all the others.

How Much Is That Doggie In The Window?

Emily Reuter and Kyle Skellchock had spent months searching for a home in Washington, D.C. – and perhaps it was serendipity that led them to fall in love with a home that would bring a happy (and furry) ending to their search, and tremendous peace of mind to their sellers. The owners were selling their D.C. home to move to Florida, and weren’t able to take their dog, Buddy, with them. But as it turns out, Emily and Kyle fell in love with both the home AND Buddy, and when they discovered the seller’s predicament, were more than happy to offer Buddy continued permanent residence in his current home . . . as their new pet. The offer they made for the home was nearly identical to another potential buyer’s – but their willingness to take in Buddy made the difference to the seller. End result: They got the home, and the wagging tail, too.

The point, as we mentioned above, is that it’s not always about the money. As emotional as a home purchase is for the buyers, in many cases it’s even more so for the sellers. They’ve lovingly cared for it through the years and enjoyed many happy and loving memories there. And it’s not that uncommon for a seller to choose an offer (even if it’s the lowest) because they felt a kinship with the new owners-to-be.

We don’t deny that sometimes a little craziness can help convince a seller you’re the best choice. But when you’re starting out on your search for a home, be sure to get all of these ducks in a row first. They’re easy to do, and they give you just that much more of an edge when you might need it the most:

• Use a great Realtor™ and a lender who both have excellent reputations.

Get your financing in place with a formal pre-approval letter in hand.

• Be prepared to put down a large earnest money deposit.

And when you do find the home you love, it won’t hurt to write a compelling letter to the sellers. Explain what you love about their home, why you want to live there, and perhaps share a bit about yourself. (And then maybe think about throwing a few pizzas into the deal, too!)

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for a newly built home from a local builder, or a resale property in just the right location, a New Home Resource Realtor® is here to find the perfect property for you. Please contact a New Home Resource Realtor® today at 702-365-1000 or at www.newhomeresource.com. Broker Joanna Piette, and agents Denise Moreno Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, Lance Partin and Kathy Paterniti are all here to help!

image003This year, Las Vegas has been reaping the results of the long-term recovery in the real estate market with many economic indicators headed in the right direction – Up. A drop in unemployment, more new homes starts, an increase in the sale of resale homes – overall, we’ve seen a consistent improvement each month across the board. And that’s a welcome change for home owners / sellers, buyers, and the real estate industry as a whole.

And the good news continues: New home builders are seeing more first-time buyers entering the market, and as the job market improves, Millennials are beginning to transition from renting to owning. Single-family home sales have hit a 9-year high nationwide – and here in Las Vegas, the median price of homes has increased by 10% compared to June 2014.

Granted, for several years, it seems there’s been nowhere for the market to go except up. Due to the uncertainty in the job and housing markets over the past seven years, 7.4 million home sales have been lost. And while many of those sales may never be recovered, the housing demand is now being driven by population growth, higher employment, and improved incomes. It’s all great news – with industry analysts predicting that the U.S. housing market should continue to improve into 2016.

Adding to this resounding recovery is the fact that more buyers are once again able to become owners. Those who were hit hard by the recession have spent the interim years rebuilding their credit and recovering financially. And many who experienced short sales or foreclosures have moved past the mandatory imposed waiting periods imposed before they could obtain a new government mortgage loan. (Although thanks to a special financing program from one local Las Vegas lender – Premier Mortgage Lending – buyers are also eligible to get non-traditional financing as early as one day after a foreclosure or short sale is completed. Visit AnotherChanceNevada.com for more information.)

When you combine all these excellent reports from all sectors of the U.S. economy – and add in that mortgage interest rates are still at long-time historic lows – more and more buyers are able to pick the home they love and receive that “Loan Approved” phone call we all hope for.

But to find out if you’re able to get that good news, you have to ask! Discover if you can get back into home ownership by contacting a real estate professional or mortgage lender today. Here at New Home Resource, we’re making it possible for Las Vegas residents to do it every single day. You could be among them.

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for a newly-built home from a local builder, or a resale property in just the right location, a New Home Resource Realtor® is here to find the perfect property for you. Please contact a New Home Resource Realtor® today at 702-365-1000 or at www.newhomeresource.com. Broker Joanna Piette, and agents Denise Moreno Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, Lance Partin and Kathy Paterniti are all here to help!

vegas-homes.gi.topIt’s no secret that the real estate market has had a tough go of it these past few years here in Southern Nevada. But now, all the data and statistics are gathering to indicate that the housing marketing in Las Vegas is back in action. If you’re wondering what the local perspectives are as to what’s in store for both new and resale homes in the valley, here are some of the notable highlights:

Las Vegas Home Prices Are Up 8% Over Last Year

The Greater Las Vegas Association of Realtors (GLVAR) reports that local home prices and sales stabilized in May 2015 – with the median price of homes sold through MLS rising from last year’s $195,000 to the current median of $211,250. According to GLVAR President Keith Lynam, “Overall, home prices have been stable this year, and demand is steady in our housing market.”

New Home Prices, Sales, and Permits Up This Year In Southern Nevada

As reported by Vegas, Inc. recently:

  • New home sales have risen over last year by 8.9%.
  • Builders pulled 680 new home permits in May – for a total of 3,289 year-to-date – a jump of 23.3%.

Clark County Unemployment At Its Lowest Level Since 2008

Few things will drive down a housing marketing like unemployment. If people don’t have jobs, they can’t buy. That’s now changing in Southern Nevada, as recent statistics show that area unemployment rates fell to 6.6% – and that’s music to everyone’s ears.

Available Home Inventory Is the Current Challenge

While new home builders are racing to meet demand, it’s clear that one thing needed to balance the market is additional inventory. It wasn’t too long ago that such a statement would have been considered wildly optimistic for Las Vegas. But in a move to address the issue, banks are finally beginning to take action on eliminating one of the last dark clouds on the Southern Nevada horizon – cleaning up the books on foreclosures. In doing so, yet another obstacle to the housing market will be eliminated – and it’s a step in the right direction for the Las Vegas economy.

Indeed, even as prices are stabilized and beginning to climb, consumers are seeing the value in returning to homeownership. With mortgage loans becoming more readily available and low interest rates playing a key role, it’s clear that the housing crisis now in the rear-view mirror and the Las Vegas valley’s economy is once more on the rise.

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for a newly-built home from a local builder, or a resale property in just the right location, a New Home Resource Realtor® is here to find the perfect property for you. Please contact a New Home Resource Realtor® today at 702-365-1000 or at www.newhomeresource.com. Broker Joanna Piette, and agents Denise Moreno Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, Lance Partin and Kathy Paterniti are all here to help!

busting-myths-resized-600-250x188“I have a friend who’s a real estate agent, and they told me you should ALWAYS _______. ” Go ahead. Fill in the blank. We’ve all heard plenty of ‘facts’ about what to do, or not do, when it comes to buying and selling real estate. Some are very true, some not so much – and some not at all. In fact, there’s really a pretty lengthy list of things we’d like to help set the record straight about. But for this week, we’re going to share our top 3 topics. We’ll follow-up soon with more in future blogs.

Myth #1: Rental Property Will Always Make You Money.

The truth is, if you know the market and purchase wisely, you can more than likely come out in the black on your real estate rental investment. While people tend to think big number returns (10-14%), when you factor in local conditions that affect tenant turnover, rental down time, and maintenance or improvements required, a more likely figure is a 6-7% return on your initial investment. Pay close attention to that first sentence, though. Research values, economic conditions, and market trends before you buy. Or you could be unpleasantly surprised at year-end.

Myth #2: Adjustable Rate Loans Are Always A Bad Choice.

In fact, not so much. The devil, however, is in the details – so you want to make sure you read all the fine print and fully understand how the loan will work: When it will adjust, by how much and how often, what the rates are based on, early payoff penalties, etc. For some people, it’s actually an expedient solution. Getting a mortgage based on a lower front-end interest rate can be a good thing, especially if you don’t plan to be in the home when the rate adjusts upward.

Myth #3: My Real Estate Agent Is Making Too Much Money Off of My Home.

In our experience, there are 2 kinds of people in the world: Those who realize how hard a Realtor works on their behalf, and those who don’t. However, it’s not simply a matter of effort, which can be considerable. (They don’t just put up an MLS listing and forget about it. It takes marketing and networking, communicating with Realtors and their buyers, and much more.)

But it’s also about how commissions are split, and often split again before ever reaching your agent’s wallet. While buyers easily calculate in their heads lump sums in 6% increments, consider how far that money has to travel before reaching your agent. Half of it goes to the selling office, and half to the buying office. Then each agent usually has a 30-50% split with their broker, whittling their paycheck further. When you add expenses incurred to sell a property (advertising, fuel, licensing fees), then subtract taxes paid on that commission – what’s left is a considerable amount less than you imagine.

Yet even with all that, your Realtor is the one person you can count on to be on your side, legally and ethically required to protect your interests in the purchase or sale of real estate. In reality, it’s a great value for all the work they do to get you the best price for your home – whether you’re buying or selling.

New Home Resource helps current and future homeowners with their Las Vegas real estate needs. Please contact a New Home Resource Realtor® today at 702-365-1000 or at www.newhomeresource.com. Broker Joanna Piette, and agents Denise Moreno Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, Lance Partin and Kathy Paterniti are all here to help!

It is taking a little bit longer for homeowners to break even on their investments. Overall, buyers can expect a relatively quick return according to a recent Las Vegas Review Journal article. “Home-sales website Zillow set the Las Vegas Valley’s ‘break-even horizon’ at 1.5 years in the fourth quarter, up from 1.2 years in the same period a year earlier, ” says Review Journal reporter Jennifer Robison.

According to Robison, Des Zillow found that it is much better to buy a house than rent by looking at a number of components, from maintenance costs to home-equity growth. Despite the quick return the majority of people are not buying due to financial reasons.

Although, the housing market is still picking up slightly, according to a recent Vegas Sun article. Median closing rates saw a 6% improvement. Builders were selling one home per week per subdivision in December, as claimed by Home Builders Research President Dennis Smith’s article: “That’s on par with early 2014 and ‘not at any type of record pace’ for the area, but it is a very positive turnaround from the lackluster activity during the last two quarters of 2014.”

New Home Resource helps current and future homeowners with their Las Vegas real estate needs. Please contact a New Home Resource Realtor® today at 702-365-1000 or at www.newhomeresource.com. Broker Joanna Piette, and agents Denise Moreno Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, Lance Partin and Kathy Paterniti are all here to help!

Here at New Home Resource we take pride in what we do for you and your family. We do more than help you find a new house, but a new beginning. As you settle into the Las Vegas valley, putting down roots, your next steps probably include fun stuff to-do. Fortunately, Las Vegas is not only wealthy with housing opportunity but Las Vegas offers plenty of everyday or weekend recreational activities in which the whole family can participate.

Casinos are big part of life here in Las Vegas, but not all of their glitz and glamor are just for the adults. The Fountains of Bellagio are not only free, but a fun and accessible spectacle for all ages to appreciate and enjoy. Plus, parents don’t have to worry about a splash zone. Conveniently located in the same area is Bellagio’s Conservatory and Botanical Gardens where the kids can enjoy beauty and education as well.

Looking for something far, far away from the Strip? Bonnie Springs offers entertainment and a brief respite from the Las Vegas vibrancy. Bonnie Springs offers something for the whole family. As a non-profit organization, this familial adventure can be a whole day event that can be scheduled for a Saturday away from home.

Our New Home Resource Realtors® want to make the transition from one home to another is as painless as possible so you can focus on the new adventures ahead. Check into our blog next week to find more stuff you and the rest of your household can do in the valley.

If you and your family are ready for a new adventure as well as a new home or wanting to sell your current home in exchange for an adventure elsewhere, please contact a New Home Resource Realtor® today at 702-365-1000 or at www.newhomeresource.com. Broker Joanna Piette, and agents Denise Moreno Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, Lance Partin and Kathy Paterniti are all here to help!

Why is Southern Nevada a great place to live? Here are 4 reasons that don’t involve casinos!

We’re well aware of the reputation that Southern Nevada has developed over the years. They say what happens here stays here. Sure, gambling and casinos is what put us on the map. But believe it or not, there are other charms to the Las Vegas metro area that don’t involve blowing your paycheck at the craps table. Consider these four reasons why Southern Nevada is such a great place to live.

1. Southern Nevada is awake all night: Some people may think the Strip is the only place open 24/7, but that’s not true. Throughout the Vegas Valley, you’ll find that most grocery stores, gas stations, bars and even gyms are open all night. This means that no matter how early you wake up (or stay up), you can still grab a bite to eat.

2. Red Rock Canyon National Conservation Area: Just west of Las Vegas you will find some of the most beautiful desert landscape in all of the U.S. Red Rock is the place to go if you’re interested in hiking, biking, camping and especially climbing. Best of all, it’s only about 20 minutes away from the center of Las Vegas.

3. Over 300 sunny days a year: Hate shoveling? Had enough of rain and clouds? Well in Las Vegas, an average of 85% of days are sunny. Southern Nevada is perfect for those who prefer the heat over the cold.

4. No state income tax: Nevada is one of seven states that has no state income tax. This is a wonderful benefit for retirees and many entrepreneurs.

If you are looking for a new home in this exquisite place to live or wanting to sell your current home, please contact a New Home Resource Realtor® today at 702-365-1000 or at www.newhomeresource.com. Broker Joanna Piette, and agents Denise Moreno Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, Lance Partin and Kathy Paterniti are all here to help!