June 2019

Found 5 blog entries for June 2019.

Age-restricted Community BasicsActive adults that have more home than they need may be looking to buy a new home to meet their current lifestyle. It can be useful to find a home that will provide the support and community needed in the next stage of life. The age-restricted community is a great idea for some who are looking to make a change.

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

Gain Access to More Amenities

An age-restricted community can provide residents amenities such as game night, community pools and a private golf course. Much depends on the type of community and how is it run by the HOA. This can be a nice alternative for social adults that want to stay active.

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4 Common Mortgage Mistakes Buyers MakeVery few people have the means to buy a home with cash only, and that means in order to buy a home, most people are going to need a loan. Because loans are so important to buying homes, it’s important that buyers make sure they don’t make any mistakes when applying for and using them. However, it can be easy to make mistakes, especially for first-time home buyers who haven’t dealt with mortgages before. Here are some common mistakes buyers make regarding mortgages and how to avoid them.

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

1. Going With the First Lender

There are many, many different lenders out there, and each of them offers different rates

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Las Vegas Housing Market Update - May 2019

We have 7881 single family homes available for today’s buyers in Las Vegas, North Las Vegas and Henderson. Condos and town homes offer 2471 options. Total homes for sale today is 10,352. That’s a 1.5% increase from last month. It’s an 86% increase over May 2018.   We sold 3174 single family homes last month. Condos and town homes add another 822 closings. Total homes sold in May was 3996. We sold 8% more homes in May than the 3699 we sold in April. We sold 3.5% more homes than we did at the same time last year.   The median home price is staying flat at $300,000. This is the third month in a row when there has been no change. While the median home price is flat for the…
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Las Vegas High Rise News - May 2019

Las Vegas currently has 462 luxury high rise condos for sale. Up from 445 last month and 311 when we reported in June 2018.   We sold 61 condos in the top buildings we follow here. That’s a considerable drop from the 85 we sold in May 2018 but similar to the 62 we sold in April.   Top Sellers in May - Signature at MGM was the most active with 9 condos changing hands. ONE Las Vegas and Palms Place tied for second with 8 transactions in each building. Turnberry Place and Veer Towers tied for third place with 6 closings each.   High Rise Prices in May - We only sold four high rise condos priced at $1 Million or more, down from 9 last month. Only ONE Queensridge
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Buying a Home? What You Need to Know About Pre-Approval and Pre-QualificationPre-qualification and pre-approval are both a part of the mortgage application process. All home buyers who apply for a mortgage must go through these processes. To show they are able to qualify for a mortgage, most buyers will start the mortgage application process before making an offer on a home.

If you're thinking about buying a home, it's important to know the difference between pre-qualification and pre-approval. Knowing the difference can help you decide what you need to do in order to make a competitive and attractive offer when you find a home you wish to buy.

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

What Is Mortgage

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