Buying

March 19, 2013

Rising Nationwide Home Prices

The housing market continues to show promise of an upward turn as the end of the Winter season approaches. Housing prices nationwide are looking toward increase as the spring selling season arrives this month.

In January 2013, prices for homes were up over 9 percent from one year ago. Marked …

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Posted in Buying, Statistics
Feb. 15, 2013

2012 Home Prices Marked Significant Gains

Nationally, home prices have increased on a year-over-year substructure by over 8 percent. This statistic marks the price advancement in December 2012, and exhibits the largest increase since 2006. Monthly, the average was less than a 1 percent increase. Home prices in January 2013 were expected to rise close to …

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Feb. 1, 2013

Explaining Exclusive Buyer's Agency

There are two options for agents in real estate: represent the seller, or the buyer. Back just a few years ago, the only option for a real estate agency was for the agents to represent the seller. In that scenario, a home seller would acquire a real estate agent in …

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Posted in Buying, Henderson, Las Vegas
Jan. 25, 2013

Important Questions to Ask Your Agent, and Why

Going through the process of buying a home can seem like a daunting task.  If you know the right things to look for and the best questions to ask your real estate agent, however, the process can go much more smoothly.  Here are some important questions to ask …

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Posted in Buying, Investing
Jan. 23, 2013

Borrower Tips to Use and to Avoid During Loan Processing

When entering into the detailed process of purchasing a home, there are certain strategies that may help to successfully secure your home loan application.  There are also maneuvers to avoid during this time in order to make sure you're getting the best loan possible for your individual needs …

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Posted in Buying, Financing
Dec. 12, 2012

Sales Down, Prices Up

While home sales in Las Vegas have slowed down, prices are rising again in the Valley, says a report from the Greater Las Vegas Association of Realtors. November showed 2,682 single-family home sales – up 16.8 percent from last year. The median price for these homes was $146 …

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Dec. 5, 2012

Ask the Agent – What is Earnest Money?

Q: My husband and I qualified for a VA loan, which means that we can purchase a home with no down payment, but we are still being asked for $2,000 “earnest money” – what is this? Why do we have to come up with so much?

Anna

 A: Congratulations …

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Posted in Buying, Financing
Nov. 26, 2012

Las Vegas’s empty buildings = opportunity?

If you’ve driven around the Las Vegas Valley, you’ve most likely seen the half-built structures and abandoned construction sites littering the area. Many of these projects were halted in the last few years as part of what many are calling the Las Vegas real estate bust. Sadly, the economy did …

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Nov. 22, 2012

Turkey first…then Santa

It wasn’t even Halloween when all the stores started to decorate for Christmas. Now, all the malls and even the Las Vegas Strip are decorated for the winter holidays – and we haven’t even had our turkeys yet! It’s become almost impossible to find out where, when, and how one …

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Posted in Buying, Food, Henderson
Nov. 9, 2012

High Rates of Foreclosure in Las Vegas and Henderson

Las Vegas, Nevada (including Henderson real estate) currently has the highest rate of foreclosure in the entire country.  What is considered to be the metro area of Las Vegas, continues to be considered in the top five worst areas in the nation for real estate.  This mortgage crisis …

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