Buying Properties

May 15, 2022

Foreclosure Numbers Are Up, What Does it Mean?

 

Two people talking on a home porch with coffee

While you may have seen recent stories about the volume of foreclosures recently, context is important. Nationwide one in every 4,580 housing units had a foreclosure filing in April 2022.

States with the highest foreclosure rates were Illinois (One in every 2,241 housing units with a foreclosure ...

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May 14, 2022

Should You Update Your House Before Selling?

 

Should You Update Your House Before Selling? Ask a Real Estate Professional. [INFOGRAPHIC] | MyKCM

Some Highlights

  • If you’re deciding whether you should make updates before you sell your house, lean on your trusted real estate advisor to be your guide.
  • In today’s sellers’ market, buyers have limited options and may be more willing to take on repairs themselves.
  • If you’re thinking about selling ...
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May 10, 2022

Rents are rising! See how much prices are up in Las Vegas!

Rents are Rising Chart

 

Check out this handy tool from the Washington Post, where you can check how high rents have increased since 2019. In Clark County, Nevada rents are up 28.5%. Based on multifamily rentals in counties with at least 1,000 units. 

 

Avoiding the Rental Trap in 2022 ...

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May 7, 2022

Is More Inventory On the Way in Las Vegas?

house in a shopping Cart & Alarm Clock

Are more homes coming to the market in 2022? Is the Real Estate Shift happening now?

More homes go up for sale sometime between July and September in the normal years or a healthy real estate market. While recent years have been anything but normal, rather "the new normal", 2022 ...

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May 6, 2022

2022 Housing Market Forecast

 

National Housing Market Stats - Infographic

 

Some Highlights

  • In Las Vegas the pandemic affected the way America looks at housing choices.  Las Vegas and other cities greatly benefited from the migration trends, mostly from California migrants.  
  • Las Vegas is in its infancy of becoming a Sports Mecca, and enjoying quite the economic ...
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May 3, 2022

What You Need To Know if You’re Thinking About Building a Home

 

Picture of a Framed Home looking Up from the floor.

If you’re ready to move up, you may be trying to decide whether you want to buy a home that's already on the market or build a new one. And since the supply of homes available for sale today is low, you’re willing to consider either avenue. While ...

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May 1, 2022

Is Las Vegas Real Estate Over Priced?

 

A house inside a bubble on a wand.

Everywhere you look nationwide home prices are increasing month over month. The end doesn't seem to be in sight with inventory shortages and a never-ending supply of would-be buyers. This leaves many wondering, is there a real estate bubble? Is Las Vegas Real Estate overpriced? Is it worth ...

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April 1, 2022

Navigating Multiple Offers | Las Vegas Real Estate

 

Man with glasses Sitting cross legged with knees up and elbows resting. Looking into the distance.

If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate a ...

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April 1, 2022

Where will Mortgage Rates Go From Here?

What’s Happening with Mortgage Rates, and Where Will They Go from Here?

15 wood square blocks, 1 with a questions mark.

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter ...

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Feb. 2, 2022

Rents Soar: 18% Year-Over-Year

Lemur with mouth open surprised. For Rent Sign, Rents Sky rocketing

by Valerie Brown, Realtor with Realty Edge in Las Vegas, Nevada.

Over the past 12 months, rent prices spiked by an unprecedented 17.8 percent nationally. If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing  ...

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