Recovery to Continue in 2014, Says NAR; Rates and Home Prices Predicted to Rise
Recovery to Continue in 2014, Says NAR; Rates and Home Prices Predicted to Rise By Nick Caruso The real estate market will continue its road to recovery in 2014, with home prices rising 6 percent and mortgage rates hitting 5.4 percent. In addition, demand is predicted to plateau, all according to Lawrence Yun, chief economist […]
Are Dated Appraisals Holding Back the Recovery?
Are Dated Appraisals Holding Back the Recovery? By Andrew King Some of the most beaten down real estate markets are finally experiencing that long-awaited bounce back from the crash. Cash offers are yielding more sales. Pent-up demand is driving prices higher. But something’s missing. Brokers in the faster markets, such as Nevada, California and Florida—where […]
Update on Las Vegas Real Estate
Happy Holidays! There has been quite a bit going on in our marketplace today, from even further constraint in available housing, to increased NOD filings, to even higher sales prices in recent months. A little bit of history…… In August 2009, Clark County saw a whopping peak of 11,482 filings of Notices of Default. The […]
Low inventory in Las Vegas is driving up home prices
The lack of resale housing available in Las Vegas has caused all out-frenzy to buy, perpetuating a steady increase in pricing over the past year. The GLVAR (Greater Las Vegas Association of Realtors) reported earlier this month that the median price of single-family homes is up almost 14% since September 2011, and some sources […]
What is going on with appraisals today??!!
What is going on with today’s home values??!! Whether you’re a buyer or seller in today’s market, it’s probable you’ll encounter appraisal issues! Low inventory, likely due to AB284, has caused an all-out bidding frenzy for the few homes on the market today. Prices are regularly being bid higher by anxious buyers, and prices set […]
FOR THE BEST PRICE, NOW IS THE TIME TO SELL YOUR HOME!
If you’re thinking about selling your home, I’m thinking of telling you NOW’s the time! Now, I’m not a clairvoyant and I’m not privy to any secret housing information, so all of this is based on my own gut feeling…. But I DO eat, sleep and breathe real estate, every single day!!! Here’s my […]
SELLING SHORT? NOW IS THE TIME TO SELL YOUR HOME!!
SELLING SHORT? NOW IS THE TIME TO SELL YOUR HOME!! Needing to short-sale your home? NOW Is the time! Buyers are abundant and available properties are scarce. In addition, Fannie Mae and Freddie Mac have just announced new SHORTENED timelines for short-sale decisions and a couple of the major banks are changing their processes to […]
How Important Are Customer Reviews?
Whenever I make a purchase from eBay, I always read through the seller’s “Feedback” before committing to buy. I need to know if this seller is slow to ship, regularly does a terrible job in describing his product, or is a flat-out thief. My purchase of that item is going to be heavily-weighted based on […]
Selling your home? Read this!
We just had to re-post this fantastic article, written by Tara-Nicholle Nelson from ReadersDigest.com. 13 Tips for Selling Your Home By Tara-Nicholle Nelson from ReadersDigest.com We’ve all heard about how “bad” the real estate market is. But what’s bad for sellers can be good for buyers, and these days, savvy buyers are out in spades […]