The Las Vegas Real Estate Market Report for April 2022 is continuing to show the signs predicted here before. We see a big shift occurring in many regions of the Las Vegas valley. Activity remains constant across all areas of Las Vegas. Whether it is Spanish Trails, Southern Highlands or Cottonwood Terrace. We notice it in areas such as Peccole Ranch, Summerlin, Rhodes Ranch, Mountains Edge, and Henderson. Perhaps most surprising are the condominiums in Las Vegas and Henderson. From gated communities to homes with golf course views. Even homes near the soon to be built Durango … Continue reading...
5 Signs it’s Time to Move into a Condo in Las Vegas
If you’re thinking about buying a condo in Las Vegas, you’re not alone – but how do you know when it’s time? Watch for these five signs. 5 Signs it’s Time to Move into a Condo in Las Vegas If you’re like many people, you’ve entertained the idea of buying a condo in Vegas for a while. However, many are never sure it’s the right time. How can you tell you’re ready, and is it the right decision? Check out these five signs it’s time to sell your current home and buy a condo in Las Vegas: You’re tired of home maintenance Your home doesn’t fit your lifestyle You’re too far from all the … Continue reading...
Durango Station Coming Soon!
What is the new Durango Station, where will it be located, and how will it affect real estate in the area? This guide explains. Durango Station: Coming Soon Off the Strip Station Casinos just broke ground on a new casino in Spring Valley, and given the company’s track record, the area around the brand-new Las Vegas attraction will become highly desirable when it comes to real estate. The company plans to complete the Durango Station by late 2023, and it’s slated to feature 200 rooms and suites. Further, it is designed with about 20,000 square feet of meeting and convention space, the … Continue reading...
Las Vegas Condo Market Boom
The Las Vegas condo market boom is still not attracting much attention. Nonetheless, Las Vegas condos and townhomes are in high demand. While houses in Las Vegas have attracted all the attention in the last year, there has been a boom in the Las Vegas condo market. From the very basic, to the high end gated communities, Las Vegas condos are hot. With demand for Las Vegas condos increasing in percentage faster than houses for much of the year. This was an aspect to the Las Vegas condo market that many did not see coming. Condos - the overlooked market For years many buyers have overlooked Las … Continue reading...
Las Vegas Real Estate Market Report – March 2022
The Las Vegas Real Estate Market Report for March 2022 is quite eye opening. The real estate market for Las Vegas took several new twists in March 2022. With prices and sales surging, new trends developed in Las Vegas real estate. Rising Interest Rates Even prior to the Fed raising rates, home mortgage rates were on the rise. Thus, buyers wanting Las Vegas real estate rushed to get a home in March before rates went even higher. While the number of sales in California is slowing down, the number of sales in Las Vegas real estate market rose sharply. This also helped to create a segmented … Continue reading...
Could You Lose Your Earnest Money Deposit?
When you are buying a home for sale in Las Vegas, you'll put down an earnest money deposit. Earnest money is a good faith deposit that shows the seller you are really willing to buy their home. This deposit is important, because it makes a seller willing to take their home off the market to sell it to you. If you don't come up with an earnest money deposit, sellers may not think that you are serious about purchasing. You don't give your earnest money deposit directly to the seller. Instead, you give it to your real estate agent, who ensures that it is put in an escrow fund. No one is … Continue reading...
15 Tips to Help You Buy a Condo You’ll Love in Vegas
If you’re buying a condo in Las Vegas, there are a few things you need to know first. Your REALTOR® can give you a complete rundown, but for now, this list will get you started. 15 Tips to Help You Buy a Condo You’ll Love in Vegas Check out the 15 things you need to find out before buying a condo in Las Vegas. Condo-Buying Tip #1: Learn the Parking Rules Every condominium complex has its own parking rules (in Vegas and elsewhere), and you'll need to get to know yours before you move in. Ask your real estate agent to find out what the parking is like, how many spaces you'll get, who's … Continue reading...
2022 Las Vegas Real Estate Forecast
The Problem The 2022 Las Vegas Real Estate Forecast is something that is a hot topic these days. After the phenomenal 2021 real estate market growth and appreciation for Las Vegas, the rumors started flying. People asked "Will the Las Vegas real estate market crash in 2022?". Then, the media posted stories saying Las Vegas is one of the most overpriced areas in the United States. Every neighbor became an "expert" and wanted to tell you what their cousin's mailman said is going to happen. However, the truth is, in really understanding this market, we need to look at the bigger picture - … Continue reading...
Expired Listings in Las Vegas
Expired listings in Las Vegas? Las Vegas real estate is seeing it’s hottest market ever. The same can be said for Henderson, Summerlin and even Rhodes Ranch. Condominiums are also experiencing rapid sales. Still, there are some folks who have listed their Las Vegas house for sale and instead of selling, it expired off of the market. That must feel like being on Jeopardy where 2 contestants each have over $25,000 and you have -$1,000. When you sell a home in Las Vegas, you get the greatest protection by hiring a professional. Just like going to the doctor. Yes, you could ask a guy … Continue reading...
Superior Service in Las Vegas Real Estate
Some have asked me what Superior Service in Las Vegas real estate means. To explain, let me tell you about a recent occurrence. A couple months ago, I went to see the doctor. As I was led to the exam room, the nurse told me exactly what would happen. I was told that the physician’s assistant would come in and speak with me briefly. I was told she would then leave the exam room. After that, I was told that she would return with the physician and they would both speak with me. So, what happened? Uncommon service Well, first the physician’s assistant came in and did a brief and yet … Continue reading...