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Every Second Does Count in the Housing Market When There’s So Much Demand For a Relatively Low Supply of Homes. Getting Pre-Approved Before Starting Your Home Search Will Make You Agile Enough to Snatch Up Your Dream Home Before Anyone Else Can. Continue Reading
Las Vegas Real Estate Blog - Page 3
September 7th Cake
We used to sell this at The Country Fare Inn. Only our chef made it with a Chocolate Chip Mousse. The exterior looked more white with chocolate specks. It was delicious and for a long time our most popular dessert along with our Strawberry Tart. To make the chocolate chip mousse, simply cut the chocolate into bits instead of melting Continue Reading
Weekly updates on Southern Nevada Housing Market -09/03/2020
Inventory today would reflect that it is a sellers’ market, prices are going up but not drastically. And while the median prices are going up that is mainly a function of the product mix. In other words, there is a lot of more expensive homes that are selling right now than homes that are at the bottom of the ladder. Considering that it is a challenge for buyers right now, but buyers are still Continue Reading
7342 Swiss Blue Topaz Ct. Las Vegas, NV 89120
Here is a video of one of our newest listings! It's right next to sunset Park! Sqft: 1,840 Beds: 3 Baths: 2.5 Loft For more information please contact us! Continue Reading
What is an appraisal waiver?
This week we have 2 clients that purchased homes get appraisal "waivers." Why would this happen? Should I waive my appraisal as the buyer? An appraisal waiver is when the lender reviews the contract, down payment, buyers credit score, and based on the figures concludes that the homes sale price is appropriate. Just because a lender waives the appraisal, this does Continue Reading
Weekly updates on Southern Nevada Housing Market -08/20/2020
We have been tracking single family homes every week since March 2020. Now we are going to share with you, now this week we have currently available 5,241 homes on the market, that is up 15 from last week. In escrow the past seven days we put 883 homes in escrow, we closed 625 single family homes. 171 homes were withdrawn from the market, but that number has not really changed this whole time Continue Reading
Renting vs Buying
One of the main reasons to buy in Las Vegas right now (August 2020) is because the cost of buying is so good right now. Interest rates are at an all time low. Harvey explains in this video about this article he read from Fidelity that reviews this formula; if you take your annual rent, divide it by the price of a home purchase, if that number is less than 20, then you should buy. If the number is Continue Reading
Crab Cake Recipe
My family and I moved here to Las Vegas in 1993 from Baltimore. Ever since then we have wanted to host a "Crab Feast" just like we did back there. Last month we finally did it. I know, we should have planned it better and not have it during a world wide pandemic, but we only had a few people there and we observed every precaution to avoid any issues. I'm glad to say that Continue Reading
Weekly updates on Southern Nevada Housing Market -07/30/2020
The number of single-family homes on the market consistently continues to go down over the last 2 months. Homes in escrow have increased from 876 last week to 841 this week. The number of sold has increased by 50 from last week. The Median Sold price per SqFt did not change much from last week. Median Days on Market keeps creeping up. That means there is a lot of homes that have been overpriced Continue Reading
Weekly updates on Southern Nevada Housing Market -07/23/2020
Inventory continues to shrink this week we went down 5,193 single family homes available on the market. We put another 876 homes in escrow and that went up by 23 from the prior week. We closed on escrow 695 that is up by 38 homes and 150 homes were withdrawn from the MLS and it is down from last week. That is a small number nothing unusual anywhere from two hundred is pretty much normal at any Continue Reading
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