Home prices are up 30% year over year in Las Vegas, but interest rates remain historically low so now is still a great time to buy!

Record low interest rates have made this the best Vegas area real estate market in years. Whether you’re renting your home, or you’re thinking of investing in a rental property, now’s the time to buy. Here’s why:

Las Vegas homes are an appreciating investment. According to the Greater Las Vegas Association of Realtors the median price of single-family houses in the Las Vegas area are up 30% year over year. When you’re ready to move up, the additional value in your house will make the move much easier. If you’re an investor, condos and townhouses are up an astonishing 40% from last year as well.

Search All Las Vegas Homes for Sale

Interest rates are at a historic low. The increase in price is cancelled out by low interest rates. Not only are low interest rates saving you money in the long run, but the steady appreciation of your house’s value off-sets your costs even more.

Higher home prices mean higher rent. If you are renting, buying now can save you a lot of money in the long run. Not only will you not have to deal with the possibility of higher rent, but you’ll be putting money into an appreciating asset. If you’re an investor, not only will your investments continue to appreciate, but you can also improve your cash flow.

These low interest rates have made it easier than ever to get into a new home, but they won’t last forever! Contact me today to start looking for your new home!

 

If you, or someone you know, is looking to purchase or sell a home in Las Vegas or Henderson, please contact me anytime for more information about our current market or the home buying process. I’m available, 7 days, 8 AM – 9 PM.

702.340.6686

Click HERE for the latest, Up to date, neighborhood market analysis and statistics of various Las Vegas Communities and Schools.

TAKE ME DIRECTLY TO THE FREE MLS SEARCH PAGE.

Alan Taylor | REALTOR®
Prudential Americana Group, REALTORS ®
10777 W. Twain Ave. SUite 333
Las Vegas, NV 89135
Cell: 702-340-6686
Office: 702-340-6686
Fax: 702-507-0095
E-mail:AlanSellsLasVegas@Gmail.com
Website:
AlanSellsLasVegas.com

Alan Taylor, Prudential Americana Group REALTORS ®Agent to the biggest
celebrities in the world……..You!

Author: Alan Taylor

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What Is My Las Vegas Home Worth? How the Cost of a Remodel Adds Value to Your Home

If you’ve ever asked yourself, “What is my Las Vegas home worth,” you can only answer that question with professional knowledge, which we offer. We take into account the prices of comparable properties that have sold, the current supply and demand, and any home improvements you’ve put in.

What Is My Home WorthThe “2013 Cost vs Value Report” compiled by Remodeling Magazine, can give you some idea of the average costs and resale values of common mid-range remodels in Las Vegas. Your actual amounts will vary by the location of your house, the materials you’ve used and how much you’ve spent originally.

 

  • A minor kitchen remodel boasts the greatest return on investment by giving back 90 percent, or $17,460, at resale for its $19,350 cost. This update of a 200-square-foot      space includes new cabinet and drawer fronts on existing cabinet boxes, a more energy-efficient cooktop and wall oven, and replacements for laminate countertops and resilient flooring.
  • Adding a second story shows the highest $102.366 return, but this represents only 65 percent of its initial $157,027 amount. This improvement includes a family room on the first floor. The second-floor addition measures 24 by 16 feet and covers a bedroom with carpet and walk-in closet, and a bath with a one-piece tub/shower unit, wood vanity with solid-surface countertop, resilient vinyl flooring and papered walls.
  • A new bath by itself costs $39,333 and gives back 58 percent, or $23,029. This covers 6-by-8 feet, a 30-by-60-inch fiberglass tub/shower with ceramic tile surround, standard chrome fixtures, a low-profile toilet and ceramic tile flooring.

For more information on how your current and future remodels can affect the price of your home, or if you want us to get the ball rolling on your sale, contact us.

 

If you, or someone you know, is looking to purchase or sell a home in Las Vegas or Henderson, please contact me anytime for more information about our current market or the home buying process. I’m available, 7 days, 8 AM – 9 PM.

702.340.6686

Click HERE for the latest, Up to date, neighborhood market analysis and statistics of various Las Vegas Communities and Schools.

TAKE ME DIRECTLY TO THE FREE MLS SEARCH PAGE.

Alan Taylor | REALTOR®
Prudential Americana Group, REALTORS ®
10777 W. Twain Ave. SUite 333
Las Vegas, NV 89135
Cell: 702-340-6686
Office: 702-340-6686
Fax: 702-507-0095
E-mail:AlanSellsLasVegas@Gmail.com
Website:
AlanSellsLasVegas.com

Alan Taylor, Prudential Americana Group REALTORS ®Agent to the biggest
celebrities in the world……..You!

Author: Alan Taylor

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Entering the Housing Market? Getting Pre-Approved for a Home Loan is the 1st Step

If you’re considering buying a new home, you could easily find yourself driving through desirable neighborhoods or searching the Internet for houses you are interested in. Before you try to find your dream home, it can be helpful to speak with a mortgage broker. Getting pre-approved for a home loan is the 1st step to investing in real estate, and it gives you additional leverage when it comes time to make an offer. To quickly and easily apply for a loan at no cost and get that all important pre-approval letter, click the image below:

Spencer Valerio of iMortgage

Many people are surprised whenever they are turned down for a home loan because they think they meet all of the qualifications for obtaining a mortgage. They have good credit, a reasonable down payment and stable job history. What they may not know is that there are items on their credit report that they were previously unaware of. Their credit to debt ratio could also be too high or the amount of income earned might be too low for the price range they are considering.

alansellslasvegas.comAll of these possible surprises are eliminated when you are pre-approved beforehand. You can have peace of mind knowing your mortgage application is unlikely to be denied. This will also give you a better idea of the amount you can afford, so you can then focus your search on properties that are within that price range.

Sellers sometimes receive multiple offers on a single piece of property. When that happens, they have to make a decision as to which one they will accept. If two offers are very similar with regards to terms and selling price, the choice could come down to buyer qualifications. If you have a pre-approval letter and the other buyer does not, this could cause your contract to be viewed more favorably.

During the pre-approval process, you’ll be able to find out more about the different types of loans that are available. That way, you’ll be in a better position to choose the one that is right for you. Being pre-approved for a mortgage only takes a little bit of extra time, but it is well worth the effort in the long run. To find out more about the pre-approval process, or to see some homes that are on the market, contact us today.

 

If you, or someone you know, is looking to purchase or sell a home in Las Vegas or Henderson, please contact me anytime for more information about our current market or the home buying process. I’m available, 7 days, 8 AM – 9 PM.

702.340.6686

Click HERE for the latest, Up to date, neighborhood market analysis and statistics of various Las Vegas Communities and Schools.

TAKE ME DIRECTLY TO THE FREE MLS SEARCH PAGE.

Alan Taylor | REALTOR®
Prudential Americana Group, REALTORS ®
10777 W. Twain Ave. SUite 333
Las Vegas, NV 89135
Cell: 702-340-6686
Office: 702-340-6686
Fax: 702-507-0095
E-mail:AlanSellsLasVegas@Gmail.com
Website:
AlanSellsLasVegas.com

Alan Taylor, Prudential Americana Group REALTORS ®Agent to the biggest
celebrities in the world……..You!

Author: Alan Taylor

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Are you thinking about selling your Las Vegas home? Now is the time!

There hasn’t been a better time to sell your Las Vegas home. Whether you’re planning to move or planning to move up, now’s the time. Here’s why:

Prices are up over 30%. According to the Greater Las Vegas Association of Realtors, the median price for single-family homes in the Las Vegas area is up 32.8% from last year. Meanwhile, the median price for condominuims and townhouses is up 43.5%. Your home is worth more now than it has been in years.

     What is My Home Worth?

What Is My Home Worth

Low supply means quick turn-around. Big investors are scooping up homes, and there aren’t enough to go around. The Las Vegas area currently has about a five-week supply of homes on the market – normally, the supply hovers at six months’ worth of homes. Because there are so many people looking to buy, your home isn’t going to be sitting on the market for months before it gets a bite.

Can’t get enough statistics? Want to know all the stats that I have access to for a given area or neighborhood or zip code in the Las Vegas area? Become a Market Insider by clicking this link or the picture below.   You’ll have access to Market Analysis, Community Info, Local Schools, and more. You can also compare two areas.

Become a market Insider

Investors are paying cash for houses. This extra attention from big-money investors is great for sellers.  Not only is your house going to sell faster than usual and at a higher price, it’s also more likely to be purchased in cash. Cash that can go towards a down payment on your next home!

If your house has lost value over the last few years, it’s time to take a second look at it – you might be sitting on more money than you thought! If you’re ready to sell your home, contact me today!

If you, or someone you know, is looking to purchase or sell a home in Las Vegas or Henderson, please contact me anytime for more information about our current market or the home buying process. I’m available, 7 days, 8 AM – 9 PM.

702.340.6686

Click HERE for the latest, Up to date, neighborhood market analysis and statistics of various Las Vegas Communities and Schools.

TAKE ME DIRECTLY TO THE FREE MLS SEARCH PAGE.

Alan Taylor | REALTOR®
Prudential Americana Group, REALTORS ®
10777 W. Twain Ave. SUite 333
Las Vegas, NV 89135
Cell: 702-340-6686
Office: 702-340-6686
Fax: 702-507-0095
E-mail:AlanSellsLasVegas@Gmail.com
Website:
AlanSellsLasVegas.com

Alan Taylor, Prudential Americana Group REALTORS ®Agent to the biggest
celebrities in the world……..You!

Author: Alan Taylor

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Adult active living community homes for sale – Retire in Las Vegas!

The city of Las Vegas attracts people from around the world for its exciting gambling and entertainment.  It is an ideal retirement destination for those in their golden years with its warm dry climate and adult active living communities geared at those 55 years and older.  These communities are for those looking to make the most out of their retirement by staying active and social.

sun city summerlin

Social Life

Residents of the several adult active living communities located within Las Vegas enjoy a sun city anthemhost of amenities and planned activities to fill up their free time.  This style of community offers a resort style atmosphere with such amenities as pools, exercise facilities, community center and a plethora of sports.  The residents have their choice of a vast array of clubs, social functions and sports leagues to participate in that allow them to stay healthy and interact with their fellow community members.

Homes

Demand for senior housing is high and only getting stronger as the baby boomer sun city aliantegeneration continues to age and enjoy retirement.  Purchasing a home in an active adult living community is a solid investment that you will have confidence you can sell quickly if you choose another location or need the money for other expenses. Adult active living community homes for sale vary by community with choices including stand alone and condo style homes available.  Buyers will find a range of prices and amenities by community and should have no problem finding a community that fits their needs within the city of Las Vegas.

If you are interested in finding out if an adult active living community is right for your and homes that are available, please contact us.

If you, or someone you know, is looking to purchase or sell a home in Las Vegas or Henderson, please contact me anytime for more information about our current market or the home buying process. I’m available, 7 days, 8 AM – 9 PM.

702.340.6686

Click HERE for the latest, Up to date, neighborhood market analysis and statistics of various Las Vegas Communities and Schools.

TAKE ME DIRECTLY TO THE FREE MLS SEARCH PAGE.

Alan Taylor | REALTOR®
Prudential Americana Group, REALTORS ®
10777 W. Twain Ave. SUite 333
Las Vegas, NV 89135
Cell: 702-340-6686
Office: 702-340-6686
Fax: 702-507-0095
E-mail:AlanSellsLasVegas@Gmail.com
Website:
AlanSellsLasVegas.com

Alan Taylor, Prudential Americana Group REALTORS ®Agent to the biggest
celebrities in the world……..You!

Author: Alan Taylor

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An Excellent Reason to Move: Nevada has no state tax!

Nevada Has No State TaxWe all know that Nevada is home to wonderfully warm weather, history and excellent culture, but one particular selling point is undeniable for people looking to set up shop and purchase property–Nevada has no state tax.

This fact alone results in countless people choosing to move to the Silver State. Could you imagine tax time rolling around and not having to worry about accounting for state tax? The first time you do your taxes, you’ll probably feel like you’re getting away with a crime! The state is also home to Las Vegas, one of the most Nevada Has No State Taxvisited cities in the entire world.

For people who enjoy living in tax free areas, it does not get much better than Nevada. Nevada is also tax friendly for business owners, making it a no brainer to set up shop in the Silver State. You should always do research into your particular tax situation to understand the implications of living in Nevada. If you are looking to own property in the area, make sure that you get in touch with realtors who can point you in the right Nevada Has No State Taxdirection of some gems, while also answering any questions that you might have about property ownership as a whole.

Anyone looking to move to Nevada will find that it is a pleasure. If you have any questions, or would like to begin looking at property in the area, be sure to contact us today. You will find a number of options, regardless of what city or county you hope to dwell.

If you, or someone you know, is looking to purchase or sell a home in Las Vegas or Henderson, please contact me anytime for more information about our current market or the home buying process. I’m available, 7 days, 8 AM – 9 PM.

702.340.6686

Click HERE for the latest, Up to date, neighborhood market analysis and statistics of various Las Vegas Communities and Schools.

TAKE ME DIRECTLY TO THE FREE MLS SEARCH PAGE.

Alan Taylor | REALTOR®
Prudential Americana Group, REALTORS ®
10777 W. Twain Ave. SUite 333
Las Vegas, NV 89135
Cell: 702-340-6686
Office: 702-340-6686
Fax: 702-507-0095
E-mail:AlanSellsLasVegas@Gmail.com
Website:
AlanSellsLasVegas.com

Alan Taylor, Prudential Americana Group REALTORS ®Agent to the biggest
celebrities in the world……..You!

Author: Alan Taylor

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Las Vegas is running out of water? Don’t believe it! Here’s Why

Have you heard that Las Vegas is running out of water? Don’t believe it!

Despite the fact that the entire city and surrounding areas lie within a desert climate region, the housing market in Las Vegas is booming.  In fact, Las Vegas is the 31st most populated city in the US. Clearly, no one is worried about running out of water.

Las Vegas has been well-supplied with water since the early 20th century – first from water piped in from wells, and later by the the construction of the Hoover Dam and the subsequent creation of Lake Mead. But with the demand for water rising each year, will Las Vegas run out of water?

The answer is: No – not now, and not in the future.

Bureau of Land Management approves Las Vegas water pipeline projectConcern springs mainly from the fact that the level of water in Lake Mead has been going down in recent years and there are fears that Las Vegas uses more water than is deposited by the Colorado River. But even so, Las Vegas is in no immediate danger of running out of water.

And if Las Vegas were ever in danger of running dry, the federal Bureau of Land Management has given approval to a planned pipeline that would stretch from  the Spring, Cave, Dry Lake and Delamar valleys across 300 miles of desert and which would tap into 84,000 acre-feet of groundwater.

Find a Home in Las VegasThe pipeline won’t be constructed today, or even tomorrow for that matter. But the plans are drawn and approved and ready to be put into action as a failsafe if ever the water supply from Lake Mead becomes dangerously low.

In Las Vegas, they are prepared in case the future is drier, and water is needed. Homebuyers need not be concerned that their hard-earned investment will dry up and blow away. And now is a great time to invest in Las Vegas real estate as interest rates are at an historical low. Prepare for the future, the city of Las Vegas has, and the future of Las Vegas looks very wet indeed.

If you, or someone you know, is looking to purchase or sell a home in Las Vegas or Henderson, please contact me anytime for more information about our current market or the home buying process. I’m available, 7 days, 8 AM – 9 PM.

Click HERE for the latest, Up to date, neighborhood market analysis and statistics of various Las Vegas Communities and Schools.

TAKE ME DIRECTLY TO THE FREE MLS SEARCH PAGE.

Alan Taylor | REALTOR®
Prudential Americana Group, REALTORS ®
10777 W. Twain Ave. Suite 333
Las Vegas, NV 89135
Cell: 702-340-6686
Office: 702-340-6686
Fax: 702-507-0095
E-mail:AlanSellsLasVegas@Gmail.com
Website:
AlanSellsLasVegas.com

Alan Taylor, Prudential Americana Group REALTORS ®Agent to the biggest
celebrities in the world……..You!


Author: Alan Taylor

Posted in Uncategorized | Tagged , , , , , | Leave a comment