All Blog Entries by Debbie Drummond

Found 393 blog entries published by Debbie Drummond.

Getting Your Garage Organized: Tips for HomeownersKeeping an organized garage is important, especially if you're using your garage primarily for storage. A clean garage is also important should you want to sell your home. The more organized your garage is, the easier it will be to find the things you need. If you're trying to organize your garage, these tips can help.

Utilize All Available Space

Most garages have a lot of un-utilized space, especially on the walls and near the ceiling. Installing storage shelves and loft space makes it possible to use these spaces more efficiently.

Hanging wire bins from a peg board on the wall can also give the homeowner more storage space. When installing loft space or shelves, homeowners should work with a professional contractor, especially if they're

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Las Vegas Housing Market Update - April 2019

The Greater Las Vegas MLS has 7729 Single Family homes for sale in the metropolitan area.  Condos and town homes add 2471 additional options.  Total homes for sale today is 10,200.  That’s the first time we’ve been over ten thousand homes for sale in well over a year.  The number of homes for sale is up 4.9% from March and 94.8% over a year ago.

We sold 9.6% more homes in April than in March.  A total of 2876 single family homes sold through the MLS.  Condos and town homes added another 823 closings.  Total homes sold in April was 3699.  More than March but -.2% from April 2018. 

The median home price continues to linger at $300K for the second month in a row.  That’s the same as last month but 3.8%

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Las Vegas High Rise News - April 2018

The Greater Las Vegas MLS currently has 445 condos in our top high rise buildings for sale.  Up from 412 last month.  We’ve seen a steady increase over the 319 condos for sale at this time last year.

We sold 62 condos in those same buildings.  A slight increase from the 58 we sold in March.  Down from 70 in April of last year.  

Top Sellers in April - Palms Place took the lead with 10 condos sold.  It was followed by 8 closings at MGM SignatureONE Queensridge Place and Turnberry Towers tied with 5 closings each.

Las Vegas High Rise Prices - Sales volume may be a little sluggish but prices are strong.  We sold 9 luxury condos priced above $1 Million in April.  In fact, 6 of them were above $2M and 3

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Your Mortgage Refinancing GuideMost new home buyers will need to secure financing in the form of a mortgage with a lender. However, the interest rate a borrower closes with, doesn't have to be the interest rate they are stuck with for the life of the loan. In most cases, a homeowner can refinance their loan.

There can be several reasons for refinancing a mortgage. One reason could be to simply reduce the amount of monthly payment. However, some may be struggling to make mortgage payments or could use extra funds to cover unexpected expenses. Those homeowners that qualify may benefit from refinancing their home mortgage, as refinancing can help borrowers get better terms on their loan or achieve specific goals.

There are important considerations for those thinking of

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Address Liens Before Selling a HomeWhen selling a home, a homeowner may encounter a home lien. A lien serves as a legal recorded claim which is made against the property in order to collect any money owed. Not every lien makes it hard to sell a home, as most homeowners have a lien from the mortgage lender when they take out a mortgage. In such a case, this lien is only enforced if a homeowner is not able to pay back the mortgage loan. However, there are other liens that can cause potential difficulties for homeowners. Learn more about problematic home liens today.

For informational purposes only. Always consult with an attorney or certified tax expert before proceeding with any real estate transaction.

The Problem with Home Liens

Homeowners can be subjected to liens from

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3 Floor Plans Home Buyers Should KnowRanch or multistory home? There are many questions home buyers have about the different types of floor plans when they’re planning to buy a new home, like what exactly is the difference between an open floor plan and a semi-open floor plan? A home’s floor plan can drastically change how the home feels to live in, so home buyers should know the differences between them and know which floor plans will work best for their lifestyles. Here are some of the different floor plans home buyers will find and what sets them apart from each other.

Open Floor Plans

Open floor plans have become especially popular in the past few decades, but what exactly does it mean when the floor plan is open? Homes are considered to have an open floor plan when two or

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All About Getting Your Windows ReplacedWindow replacement is a home improvement that most homeowners only perform every few decades. If you're a current homeowner, or are thinking of selling your existing home, ando believe that you may need window replacement to increase the value of your home, here's what you need to know.

When Should You Replace Your Windows?

Typically, homeowners wait until their windows are inefficient and in disrepair before they decide to replace. Below are a few signs that window replacement is appropriate:

  • The space around the windows is drafty and uncomfortable.
  • Weatherstripping isn't helping.
  • The room becomes hot in summer or cold in winter.
  • The home is unevenly heated depending on where the sun is shining.
  • The cost to repair the
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Selling a Home? Here's What You Need to Know About Seller Disclosure RequirementsHome selling disclosures are a necessary aspect of many real estate transactions, especially when the home is not a newly constructed home. Disclosure is essentially the seller's opportunity to share any knowledge they have concerning potential problems or defects on the property. Today, many states have set seller disclosure requirements pertaining to what sellers must put in writing before the transaction, and in some agreements the current owner must also make repairs or include a buyer ‘credit' for repairs post-purchase. So, as a seller one needs to know exactly what is required by law for this important process.

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

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Virtual Reality and What You Need to KnowIn recent years, virtual reality has become a popular tool with marketing professionals. This exciting new technology is perfect for marketing a new home for sale. Home buyers seeking a new way to experience homes can turn to virtual reality for the unique perspective they crave.

If you're a home seller hoping to experience a whole new way of showing your home, virtual reality may be the tool for you and your real estate agent. Here's what you need to know about using virtual reality to market a home for sale.

Benefits of Virtual Reality

There are many benefits of virtual reality! Here's what you need to know if you're a homeowner trying to sell:

  • Stands out from other forms of marketing. Virtual reality is so different from other
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Smart Ideas to Improve Your BackyardHomeowners don't need to install in-ground pools or coordinate flashy fountain shows to improve their outdoor space. Sometimes it's as simple as adding an outdoor table for everyone to enjoy their favorite meals, or putting in a few extra plants for a little burst of color. Homeowners who want to spend more time in the fresh air should keep the following tips in mind.

Camouflage

Color can do more than invite people outside, it can camouflage the outdoor space and make for a more attractive landscape. For example, owners can add potted plants to the patio so it blends in with the surrounding backyard. When positioning plants, think in terms of both air quality and shade. The plants should be placed near the seating areas to provide a clean air

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