Summerlin Nevada Real Estate
« Previous Entries Next Entries »December Real Estate Update
Tuesday, January 26th, 2010The month of December was a good one for the real estate market, and will hopefully be a sign of things to come in the near future here in the Henderson and Las Vegas Valley. December ranked in as the second highest month in the year in the sales category. The sale of new homes [...]
Bank of America Expected to Release Homes
Tuesday, January 19th, 2010Bank of America expects to release about 6,000 foreclosed properties into the housing market here in Nevada in 2010. They are going to evenly distribute the releases, releasing about 500 homes per month. This process is part of the so-called “phantom inventory” of foreclosed homes being held by banks. Banks are working out loan modifications [...]
Get the Most Out of Your Square Footage
Monday, January 18th, 2010If you’re getting ready to sell your Henderson, Las Vegas or Summerlin home, you know that one of the most important things you can do to increase your sale price is to spend some time staging. After all, the better your home looks, the better the chances are that someone else will love it enough [...]
Housing Market Rebounding
Thursday, December 31st, 2009For the fourth consecutive month existing home sales have gone up, showing a lot of buyer activity currently on the market. Existing Home Sales went up seven plus percent this past November, posting its largest recorded sales in 33 months. This is a great example of how the market is recovering, especially here in the [...]
Homebuyers Rush for Tax Credit
Monday, December 28th, 2009First-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. [...]
New-Home Sales Stalled in Las Vegas and Henderson
Wednesday, December 16th, 2009Even 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, 2009Now 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, 2009Overall 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, 2009Many 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, 2009Nevada’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 [...]
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