Luxury Home Trends

Looks at all things concerning Las Vegas luxury homes.  How to sell your Las Vegas luxury home.  Best tips for buying luxury homes.  What sort of improvements help sell luxury homes.  All things related to buying. selling and maintaining luxury homes.

Found 34 blog entries about Luxury Home Trends.

How to Choose Between Popular Home Flooring OptionsIf you are considering changing up the flooring in your home, it is a good idea to explore all of your options before you decide on one. There are a lot of different options available on the market and some are definitely more popular than others. If you are looking for flooring options that you can stick with for many years to come, these these are the best options available today.

Hardwoods

Hardwoods are a very popular type of flooring for home because of their durability and how long they last. However, hardwood floors come with a lot of work, so if you are going to choose hardwood floors for your home, you need to make sure that you are willing to maintain them. Common maintenance efforts include quickly wiping up spills to keep moisture

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Introducing Contemporary Luxury with Spectacular Views at 1374 Opal Valley Dr., Henderson, NV  89052

Come home to million dollar views of golf, water, mountains and Strip in this ultra modern luxury home. For Sale Luxury Home With Strip ViewsExcellent floor plan includes open great room with wall of glass doors to maximize the views.  You’ll find floor to ceiling windows throughout this beautiful home.

 

The modern kitchen features granite/quartz counters.  It offers two dishwashers, a warming drawer and upgraded Wolf stove and vent.  

 

Wine cooler and large island add to the convenience of this kitchen.  Enjoy pleasant evenings cooking on the gourmet grill by the pool.  Large walk in pantry with an extra wine cooler.

 

Formal dining room and wet bar make this home

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Tips for Selling a Custom Home

Guest Blog by Alexis Craig, Top Real Estate Agent and Blogger in Lansing, MI  

Getting a custom-home built can be an exciting experience.

When my grandma retired, she built a beautiful custom-home on a small, private lake. She was able to choose every aspect of the house. She decided on the layout, number of bedrooms, and everything that went into the house — as long as it was compliant with the homeowner’s association (HOA) she was a part of.

If you’ve ever had the pleasure of having a custom-built home, then you know how easy it is to get swept off your feet by the excitement of designing the kitchen how you want it, a custom built shower and bathroom, or a beautiful and complete master bedroom.

Traditional Custom HomeBut a lot of

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What to Expect When Buying a Luxury Home in 2016

Reports show the luxury home market is growing stronger.  Lower un-employment has helped the housing market.  Move up buyers waited until they regained enough equity to sell their homes.  Many of them are now in a position to buy.  This should lead to continued improvement in the high end market.  International buyers are still snapping up luxury homes.  The outlook for luxury real estate is good.

While the outlook is good, real estate is local.  It’s important to work with a local Real Estate expert who specializes in Luxury Homes.  Your local specialist will be on top of the factors influencing their particular market.  One factor to consider in most markets is turmoil in the stock market. It

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The Las Vegas Luxury Home Market Heats Up

We sold 78 Las Vegas Luxury Homes during the second quarter this year.  The Las Vegas luxury high rise buildings recorded 23 luxury units sold.  That's a total of 101 homes priced at $1 Million plus.  A nice increase over the 76 luxury homes sold in the first quarter of the year.  24 of the homes sold for more than $2 Million.  Eleven of the homes topped $3 Million.  

Luxury Home Trends

Las Vegas Luxury HomesFifty nine of the high end homes that sold were bought with cash.  Low interest rates may tempt some high end buyers.  The majority are still paying cash.  This could be due to the paperwork necessary to get a mortgage approved.  The mortgage process is more difficult for self-employed and those with complicated tax

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Spring buying season and warm sunny days have home buyers dreaming of pool homes.  Homeowners question how much the pool adds to their home's value.  Buyers question whether it will be good for their resale.

Does a Pool Add To My Home's Value?

Pool Homes For Sale in Las VegasHow much value a pool adds is one of the most common questions.  In some parts of the Country, a pool can take away from resale value.  If your climate only allows 2-3 months to enjoy the pool, you should ask your local Realtor how it affects value.  That isn't the case in the Southwest.  Our warm sunny days make it possible to use a pool more than in most other parts of the Country.  From San Diego to Santa Barbara to Phoenix and Las Vegas, pool homes are in demand.  

How much an appraiser will allow for a

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Las Vegas Homes For Sale

We have 7268 single family homes listed for sale.  Buyers who are looking for condos, townhomes and high rise condos have 2483 options.  A total of 9751 homes are in the MLS.  Last month there were 9714 and in February there were 9805 homes for sale.

In May of 2014 we had 8717 homes listed for sale.  Today's total is just over a thousand more than was available a year ago.  

Homes Sold in April 2015

Las Vegas Real Estate - Homes For SaleWe sold 2652 Single Family homes in April, plus 617 condos and town homes.  We recorded a total of 3269 homes sold in April.  That's a slight increase over 3134 homes sold in April 2014.  It's only 7 more homes than the 3262 homes we sold in March 2015.

At the current rate of sales, the homes listed for sale now would be

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Las Vegas fine homes have had an outstanding first quarter in 2015.  We've sold 54 luxury homes and 22 luxury high rise condos for $1 Million plus.  That's 76 luxury homes sold in the first quarter.  Seventeen of the properties came in above $2 Million and the top 7 were $3M or more.

Las Vegas Fine Homes For SaleTop home prices included an estate that sold for $8,050,000 in the Ridges of Summerlin.  This spacious 12,445 sf home was on just under an acre of land.  The contemporary masterpiece offered Mountain views and was only listed for 15 days when it went into contract.  Another home in the Ridges came in at $4.55M.  

The second highest price paid in the first quarter went to the "Crown Penthouse" at ONE Queensridge Place.  The 15,691 sf mansion in the sky included a 3000 sf

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The good news for luxury home buyers and sellers is the real estate market continues to show signs of recovery.  Experts are
Time For A Move Up Homepredicting that First Time Home Buyers will not only return to the market in 2015 but will be a driving force in the market.  Why does this matter to the luxury home market?  Sellers in the entry level price ranges tend to use their profits to buy a move up home. As they move up to the mid-level price range, many of those sellers will move up to luxury. 

Reports over the past year have talked about how the luxury market is thriving.  Bloomberg covered the thriving luxury market in May 2014. In 2015, we see the luxury home market as an area that offers good values in some regional markets.  

Buying a Luxury Home in 2015

If

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Improvements That Help Sell Luxury HomesReports show the luxury home market is heating up.  As noted in the Luxonomist, "U.S. Luxury Homes Are Selling at the Fastest Path in Years". The article focuses on the uber expensive $30 Million plus market.  It credits much of it to investors looking for more security than they find in the stock market.  The over the top luxury homes aren't the only sector of the market that is doing well.  Homes priced between $1 Million and $30 Million are also selling at a fast pace.

The Las Vegas market has sold 210 homes for more than $1 Million this year.  Out of those homes, 68 (32%) were on the market for less than 30 days.  How do you sell a home quick when it's in a price range few can afford?  Two important factors are crucial.  Price it right and make

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