14,767 Homes Sold Yesterday… Did Yours?

Posted by & filed under Las Vegas Real Estate.

There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is… If it hasn’t sold yet, maybe it’s not priced properly. After all, 14,767 houses sold yesterday, 14,767 will sell today and 14,767 will sell tomorrow. 14,767! That… Read more »

Want to Get an A? Hire A Real Estate Pro [INFOGRAPHIC]

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Some Highlights: Hiring a Real Estate Professional to buy your dream home, or sell your current house, is one of the most ‘educated’ decisions you can make! A Real Estate Professional has the experience needed to help you through the entire process. Make sure that you hire someone who knows current market conditions & can simply… Read more »

The Housing Market is Doing Just Fine

Posted by & filed under Las Vegas Real Estate.

There are some that think that housing affordability is a challenge. Historically, that’s not true. Others think that home prices are approaching bubble values. If we look back over the last sixteen years, that is also not the case. As a matter of fact, the numbers show that the U.S. residential real estate market is… Read more »

Home Values: DEFINITELY NOT in Bubble Range!!

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There are some industry pundits claiming that residential home values have risen too quickly and that current levels are on the verge of another housing bubble. It is easy to see how this thinking has taken form if we look at a graph of home prices from 2000 to today. The graph definitely looks like… Read more »

Don’t Get Caught in the Rental Trap!

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There are many benefits to homeownership. One of the top ones is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage. Don’t Become Trapped Jonathan Smoke, Chief Economist at realtor.com, reported on what he calls a “Rental Affordability Crisis.” He warns that, “Low rental… Read more »

How Scary is the Housing Affordability Index?

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Some industry pundits are saying that the housing market may be heading for a slowdown. One of the data points they use is the falling numbers of the Housing Affordability Index, as reported by the National Association of Realtors (NAR). Here is how NAR defines the index: “The Housing Affordability Index measures whether or not… Read more »

Housing Market Slowing Down? Don’t Tell Builders!

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Many experts have been calling upon home builders to ramp up construction to help with the lack of existing inventory for sale. For the past two months, new home sales have surged, with July’s total coming in at the highest since October 2007. The latest estimates from the US Census Bureau and Department of Housing… Read more »

2 Myths About Mortgages That May Be Holding Back Buyers

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Fannie Mae’s “What do consumers know about the Mortgage Qualification Criteria?” Study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Myth #1: “I Need a 20% Down Payment” Fannie Mae’s survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan…. Read more »