LAS VEGAS – A report released Tuesday by Las Vegas REALTORS® (LVR) shows local home prices and sales continuing to post monthly declines. LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during October was $440,000. That’s down 2.2% from September, and down from the all-time record price of $482,000 in May. The...
One part of the home-buying process that people don’t often think about is that of preparing your current home to be sold on the market. To get into your new home, you’ve got to ensure that your old one is ready to welcome a new family within its walls. To get your home polished and prepared to be adored by prospective home-buyers, follow the guide below. VIEWING YOUR HOME AS A PROSPECTIVE...
With low inventory in many markets throughout the country, many homeowners are afraid to sell their homes because they’re concerned that they may not be able to find a new one. This can be a real problem, but if you are seeking to sell—whether to upgrade or find a new neighborhood—there are a few ways to combat the low inventory. 1. Look to buy first In most markets it is a real mistake to put...
Making your basement an enjoyable place to spend time can be tricky. Without the right lighting it may feel too much like a dungeon (unless you’re into that!). Here are a few quick tips. 1. Maximize the natural lighting. Trim back shrubs and other plants that block sunlight from window wells. If the window well has a cover, keep it clean or replace a cover that blocks light with one that lets light...
Many of the terms you have heard and read about purchasing a house may be unfamiliar to you, and that is understandable. However, mortgages can be fixed or variable in interest rate. And any length of time up to and including a custom period is acceptable. However, mortgage interest rates have been on a slow and steady decline for the last few years. This has caused some to wonder: Will my fixed-rate...
LAS VEGAS – Las Vegas area home prices hold steady after three-month slide. A report released Thursday by Las Vegas REALTORS® (LVR) shows local home prices holding steady after declining for three straight months, with fewer properties selling and more available for sale. LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service...
Purchasing a home can be a stressful experience, whether you’re a first-time buyer or you’ve been through the process before. But that’s one of the reasons that working with a real estate professional is so worthwhile. With your agent’s guidance, buying a home should be enjoyable, rather than stressful. Here are some of the more unique circumstances where your agent can make your life much...
For buyers, curb appeal and landscape upkeep are critical indicators of how well a property has been maintained throughout its initial inspection. And this is one of the reasons why outdoor landscaping has the potential to increase the value of your property by tens of thousands of dollars. It is one of the few home renovations you can do that instantly enhances the value of your property and increases...
Home inspection is an important part of the home sale process, both for buyers and sellers. When it’s time for you to hire an inspector, here are five things you should be thinking about: 1. It’s your choice: You are not bound or obligated to use any particular inspector. Your real estate professional may have some recommendations, but it’s ultimately up to you. Ask around and choose...
LAS VEGAS – Las Vegas area home prices slip for third straight month. A report released Wednesday by Las Vegas REALTORS® (LVR) shows local home prices declining for the third straight month, with fewer homes selling and more available for sale. LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during August was...