Local Economy

Oct. 21, 2012

How To Prepare Your Home Before Listing It

In a buyers market, Las Vegas and Henderson, NV homeowners who are trying to sell their homes are dealing with preparing their homes before listing them.  The task can seem a little daunting at first!  When you're trying to get the highest appraisal for your house, maximizing …

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Oct. 18, 2012

Ask the Agent – Old vs. New

Q: I have found two homes in the Henderson area, both of which I love. One is brand new and in a new development. The other is older and in a much older area, but it is larger and still has everything I want in a home. Which is the …

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Oct. 17, 2012

Changing seasons affect home buyers' habits

All over the country, leaves are changing and temperatures are dropping. Fall brings thoughts of warm, cozy nights by the fireplace, drinking hot cider, and sending the kids back to school. The autumn breezes also bring on many more closings for first-time home buyers. How does the season affect your …

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Oct. 14, 2012

Las Vegas Home Sales Rise

Throughout the month of September in Las Vegas, median home prices climbed to $140,000; that's up 13.5 percent from a year ago, according to the Greater Las Vegas Association of Realtors.

The housing market seems to have flipped focus from foreclosures to short sales; making short sales …

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Oct. 13, 2012

Housing Recovery in Las Vegas Expected to Take Decades

Even though foreclosures have slowed down a bit in the Vegas housing market, the overall forecast for the housing market is bleak; it could take decades to recover from the economic housing crisis.  Even with the assistance of both governmental and corporate help, 59 percent of Las Vegas mortgages …

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Oct. 12, 2012

Cash Investors Contribute to Vegas' Dwindling Housing Supply

Over the past year, with faltering economic influences and consistent changes in real estate, the housing supply in Las Vegas inevitably shrunk.  This is largely due directly to cash investors who have taken advantage of the changing economic climate by purchasing homes "in bulk", and renting them out to …

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Oct. 10, 2012

Luxury Las Vegas homes are still selling

If the sale of $1million dollar-plus homes is any indicator of an uptick in the current housing market, then the sale of 19 such homes this August is good news to those in the Henderson area. This is an increase of 58% from last year, and great news for both …

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Oct. 5, 2012

Home Prices Rise in U.S.- Highest in 6 Years

CoreLogic, a private real estate data provider, claims that housing prices are rising throughout the U.S.  Out of 100 cities, a mere 20 have showed declines in price throughout much of 2012 (so far).  Among the state listed with the biggest price increases are Arizona, Idaho, Utah …

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Oct. 4, 2012

Cupcakes, Bowling and Shopping on the Vegas Strip

Some things are just synonymous with Las Vegas:  casinos and gambling, nightlife, fine entertainment….and, food!  Tasty treats from the most gourmet and upscale, fine-dining establishments on the Strip, to tucked-away neighborhood eateries offering delicious delicacies; Las Vegas is a mecca for foodies. 

Relatedly, both tourists and …

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Oct. 3, 2012

Do you need cash to buy homes in Henderson?

Henderson real estate prices have seen a 15 percent increase since this time last year. Some local experts are saying that may be due to investors snatching up all the properties before those with financing can get to them. Is there a shortage of affordable houses available in the greater …

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