December 2018

Found 4 blog entries for December 2018.

Red Flags When Home SellingSelling a home can be stressful, especially if the buyer is difficult, demanding or unprepared to purchase a home. Homeowners who want to have a positive experience selling their home must be aware of the warning signs that a buyer might potentially be a problem. Once the seller is locked into a contract with a buyer, backing out of the deal can be difficult or impossible. Here's what you need to know.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Excessive Contingencies

Contingencies are conditions that enable the buyer to back out of the contract without losing earnest money. There are three types of contingencies that are typically included

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Las Vegas Housing Market Update - November 2018

The number of homes for sale continues a steady increase.  Today we have 6915 single family homes for sale.  Condos and town homes add 2046 options.  Home buyers have a total of 8961 homes available today.  That’s up slightly from 8831 last month.  It’s a huge increase over the 5564 homes for sale this time last year.  It’s only .01% over last month’s inventory.  It’s a 61% increase over last year.

We sold 2299 Single Family Homes in November.  We sold 625 condos and townhomes.  Total homes sold was 2927 for the month.  That’s 14.6% less than in October.  It’s 8.8% less than we sold in November 2017.

The median home price remained stable at $295K in November.  Highest for the year was $300K in

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Las Vegas High Rise News - November 2018

Buyers have 359 high rise condos for sale in Las Vegas’ top buildings today. That’s a steady increase from 343 last month and 320 the prior month. It’s still lower than the 363 options buyers had last year.   We sold 52 high rise condos in November. That’s a drop from 70 in October but similar to the 54 sold in September. It’s a big drop compared with November 2017 when we also sold 70 condos.   Top Selling High Rise Buildings in November - Turnberry Towers and ONE Las Vegas tied for first place. Each sold 7 condos. Prices at Turnberry Towers ranged from $260K to $620K. At ONE Las Vegas the range was $295K to $504,900.   Third place was also a tie.
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4 Red Flags All Home Buyers Should KnowBuying a new home is a big decision in anyone’s life, and all home buyers want to make the process run as smoothly as possible without any hiccups or setbacks. One way buyers can help ensure everything goes as intended is by keeping an eye out for red flags. But just what are the red flags home buyers need to know? Here are some of the different red flags buyers may encounter when looking for their next home and what they mean.

1. The Listing Has No Photos

Online listings are extremely important when trying to sell a home. These listings are going to be most buyers’ first impressions, so it’s essential to make sure they put the home’s best foot forward by posting plenty of photos and information. This is why if a listing doesn’t have any

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