The Truth About Builder Incentives and Seller Concessions
If you’re a seasoned homeowner – or even getting ready to make your first leap into home ownership – the odds are you’ve seen those ‘special offers’ in real estate listings. They are, after all, designed to catch your eye – with phrases like: “$20,000 in free upgrades!” or “We’ll pay up to $10,000 of […]
Las Vegas Poised to Continue 2015 Real Estate Gains Into 2016
This 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 […]
Renting Really Is Twice As Expensive As Buying
The stats are really quite simple. On average, homebuyers with median income who purchase the typical home spend 15.3% of their income on their monthly house payment. In contrast, renters spend 29.9% of their monthly income on rent. (Data source: Zillow, 12/9/14 article.) Those are pretty impressive numbers, or make that ‘distressing’ if you’re renting. […]
