Henderson Nevada Homes

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Home Affordable Foreclosure Alternatives Program (HAFA)

Wednesday, December 30th, 2009

HAFA is a program in development that is not likely to take effect until April 2010.  The HAFA program provides incentives in connection with a short sale or deed-in-lieu of foreclosure used to avoid foreclosure on a loan eligible for modification under the HAMP program.  HAFA is part of the Home Affordable Modification Program (HAMP).  [...]

Homebuyers Rush for Tax Credit

Monday, December 28th, 2009

First-time homebuyers make up a large percentage of the home sales here in the Las Vegas and Henderson Valley.  Many tax preparers are busier than normal during this offseason due to congress’ extension on the $8,000 credit for first-time homebuyers last month.  Congress also expanded it to other buyers who can receive up to $6,500.  [...]

Nevada Foreclosure Filings Continue to Fall

Saturday, December 26th, 2009

It has been reported that foreclosure filings in Nevada dropped by double digits for the second consecutive month.  The filings this past November were 33 percent below what they were in 2008.  It is still being questioned whether or not this is a temporary reprieve or if the market is truly turning around.  It appears [...]

New-Home Sales Stalled in Las Vegas and Henderson

Wednesday, December 16th, 2009

Even though the Las Vegas and Henderson housing market is showing strong signs of recovery, it’s still hurting in many ways.  One of those ways is the new housing market.  Sales of existing homes in Las Vegas and Henderson strongly rebounded this year and prices appear to be stabilizing.  However, in the new-home category, the [...]

Real Estate during the Holidays

Tuesday, December 15th, 2009

Now is still a really good time for Real Estate in Henderson, Las Vegas, Summerlin Nevada areas. Buyers can, and do, get serious during this busy time of year. Lots of sellers take their homes off the market during the holidays, assuming no one will be buying at this time. But with serious buyers still [...]

November Market Update

Monday, December 14th, 2009

Overall in the Henderson and Las Vegas market for November the housing prices remained relatively flat.  Single family homes are hitting their seasonal slump around the holiday season, and sales are slowing down.  The single family median home price has dropped 24.7 percent from a year ago down to $140,000.  Condominium prices have also dropped [...]

Experts are “Cautiously Optimistic” On Market

Monday, December 7th, 2009

Many financing, gaming and real-estate executives recently gave an assessment on their predictions of the Las Vegas’ economy and real-estate market.  Many are optimistic about the future of the market here in the Las Vegas and Henderson valley.  Corporate VP of development at Stations Casinos, Tom Roberts, stated that the gaming industry is stabilizing and [...]

Mediation Reduce Foreclosures

Wednesday, December 2nd, 2009

Nevada’s new foreclosure mediation program is helping reduce the number of foreclosures here in the Las Vegas and Henderson valley.  The program gives homeowners who are being foreclosed upon, the right to seek mediation.  Although Nevada is still ranked number one in foreclosures, filings fell twenty six percent from September to October, and four percent [...]

First-Time Homebuyers Lead Housing Economy to Recovery

Monday, November 23rd, 2009

According to the National Association of Realtors, the housing economy appears to be headed for a sustainable recovery, aided by the home buyer tax credit.  The tax credit expansion will help increase sales for first time buyers through the middle of 2010.  This year alone it looks as though there will be about 2.4 million [...]

Buying a Home as an Investment

Friday, November 20th, 2009

These days, most of the listed homes for sale in Henderson, Las Vegas, or Summerlin are all about building a family future. Savvy buyers know that the market is theirs, and they can bargain for things like better school districts, home improvements, and other amenities that make owning real estate in Nevada great. However, when [...]

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