Summerlin Nevada Real Estate

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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 [...]

Investors take advantage of Las Vegas Market

Monday, November 16th, 2009

Absentee buyers bought an astounding 40.2 percent of all Las Vegas homes in August, the most for any month this decade, including the 39.3 percent in November of 2005 during the housing boom.  It is stated that 45 percent of Las Vegas buyers in August used cash to pay for their homes, showing the level [...]

Showing Signs of Recovery

Saturday, October 24th, 2009

The housing market here in Las Vegas and Henderson has shown signs of improvement in almost every category in the past month of September.  The median existing home price rose an astounding $3,500 from the previous month of August.  The median price is still down a total of 33.7 percent from a year ago, but [...]

Ways to Increase your Home’s Value

Wednesday, October 21st, 2009

When you first purchase a house in Henderson, Las Vegas or Summerlin, you’re most likely thinking of ways to build a home for you and your family. A big yard means plenty of room for the children to play. A newly renovated kitchen means you can finally throw the types of dinner parties you’ve always [...]

The Opportunity to Invest

Friday, October 9th, 2009

Many analysts are waiting to see if the big decline of investment sales from July to August of this year will be the pattern for the remainder of the year.  So far investors do not seem to be going away, even as the amount of foreclosed homes on the market decreases.  In August around 45 [...]

The “New” Market

Friday, September 18th, 2009

Although the median market price of existing homes is continuing to drop due to foreclosure sales, the new housing market is beginning to show some progress.  Resales for this year alone are up an astounding 52 percent, leaving the new housing market very little room to breathe.  Buyers are realizing that good homes are hard [...]

Releasing Foreclosures

Friday, September 11th, 2009

It appears that lenders, who have been holding off as many as 20,000 homes from the foreclosure market, are slowly releasing them onto the Multiple Listing Service (MLS).  Lenders are doing this because they are concerned that releasing too many homes at once will push down the market price even further, earning less of a [...]

The Importance of Curb Appeal

Monday, August 31st, 2009

Most real estate agents will tell you that the best time to sell a home in the Henderson, Las Vegas, Summerlin Nevada areas is during the late spring and early summer months. When the weather turns warm, the vibrant growing season commences, and children can be seen playing happily in the yard, potential homebuyers really [...]

Nevada Leads Nation’s Foreclosures

Friday, August 28th, 2009

The state of Nevada leads the nation with the highest residential foreclosure rating in the country at 3.7 percent for the second quarter.  Yet oddly enough many would still consider the Henderson and the greater Las Vegas area a seller’s market for many single-family homes. Even though the prices on many homes have dropped by [...]

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