February 2015

Found 3 blog entries for February 2015.

Should You Buy a Condo, Town Home or Smaller House?

Downsizing Your HomeThe types of homes we live in may vary over the course of our lives.  Maybe your first home was a starter that you fixed up yourself.  Then you moved to a larger home as your career took off and you started a family.  Now you're at a point where it's time to simplify your life.  Buying a smaller home that requires less maintenance and expense can free up your time and resources.  Or maybe you're considering buying a vacation home where you can escape the hustle and bustle of a busy life.

When you're ready to downsize to a smaller home, the first step is deciding what type of home will work best for your needs. Here are some things to consider when it's time to downsize.

Carefree Condo Living

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Las Vegas Homes For Sale and Real Estate News

The Nevada Association of Realtors recently hosted the Rocky Mountain Regional Real Estate Conference.  NAR's Chief Economist, Dr. Lawrence Yun spoke at the conference.  Yun is confident the housing market's gains over the past two years will continue.   The reasons he expects the housing market to continue growing include a stronger GDP and lower un-employment.  In addition, Nevada is attracting new residents with our business environment and lower taxes.  

New Construction Homes For Sale SummerlinThe warm, sunny weather we've been having doesn't hurt anything.   Yesterday's high was almost 80 degrees.  We took a day off to drive up to visit the wild horses Northwest of town in Cold Creek.  It gave us a nice glimpse of snow on the Mountain

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The Latest High Rise News

Today's buyers have 480 high rise condos to choose from in our most popular buildings.  Over the past year we sold 537 in those same buildings.  In January we only closed on 35 high rise condos.  That's a drop from the 55 that we closed in December 2014.  While this is a drop from December, in January of 2014 we only closed 32.  It appears the slight drop is seasonal.

The good news for owners - the 537 we sold over the past twelve months brings the current inventory down to less than an 11 month supply of high rise condos.  The high rise market still favors buyers but the market is gradually absorbing the inventory.  If you've been sitting on the fence, you are not likely to see a better time to buy than the current

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