Tagged : buying a Las Vegas home

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home financing options

Mortgage & New Home Financing Considerations

Are you considering a move, or new home purchase in Las Vegas? If you're a new home owner, or looking to sell an existing house, unless you will be paying cash, you'll be looking at getting a new mortgage.

Before you do anything, make an appointment with the mortgage representative at your bank, or with a recommended mortgage broker, or advisor. They'll be able to help you get the answers you need.

Here are some tips, just to get you thinking of the types of questions to ask, or options to consider:

1. Get Your Rate Quote in Person

There are so many websites that allow you to research mortgage rates online and give what they promise is the best rate quote. Mortgage pricing is based on several

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After a hot, quiet summer, September and October real estate sales in Las Vegas are through the roof! A continuing trend of low housing inventory levels means it’s a great time to sell your Las Vegas home.

September 2017 stats for Las Vegas real estate

Low Inventory

According to the Greater Las Vegas Association of Realtors (GLVAR) monthly report for September, there are only 1.8 months’ worth of inventory on single-family homes. Real estate agents accept that a six-month supply is deemed a normal volume for a balanced real estate market, so this is a seller’s market right now.

For this past September, there were 45% fewer homes on the Vegas market than at the same time last year.

Fewer homes on the market means Las Vegas home sellers can usually get a better return on their house

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This is a Great Time to Sell Your Las Vegas Home

Selling a Las Vegas home

An inventory shortage of homes for sale in Las Vegas means it’s a great time to sell your Las Vegas home or condo ­– if that’s something you’ve been thinking about recently.

With the Greater Las Vegas Association of Realtors (GLVAR) latest market report, for the month of July, listed inventory is down a whopping 45.2% from the same time last year, it’s certainly a seller’s market in Sin City right now.

With inventory levels at an ultra-low 1.9 months right now, the President of the GLVAR, David J. Tina, noted that a six-month supply is normally thought of as enough homes for a balanced real estate market, but added homes and condos in Las Vegas are really selling quickly, so the inventory

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Vegas home buyers need sellers

Key stats from the Las Vegas February real estate market update indicate that the buyers are out there, but we need sellers.

Las Vegas Single-Family Home Sales

Here are some highlights from sales of Las Vegas single-family homes in February 2017:

Las Vegas single-family home stats for February 2017

With favorable selling stats like these, why aren't people listing their homes! We have 5% fewer new listings and an inventory of only 2.2 months. 

Las Vegas Condo Sales

Perhaps it's only single family homes that are seeing this problem. Let's look at Las Vegas condo sales in February:

Las Vegas condo stats for February 2017

Available Inventory of Las Vegas condos, only 1.4 months!

The Las Vegas market hasn't been this hot in months. Homes have almost been selling themselves. I recently sold a home in Summerlin that was

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