The Real Reason Home Prices are Increasing
There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are ...
Posted by Agent Connect on November 30, 2017 in Las Vegas Community
2 Charts That Show the Truth about Home Affordability
There is a lot of discussion about the current state of housing affordability for both first-time and move-up buyers, and much of the narrative is tarnished with a negative slant. However, the truth is that housing affordability is better today than ...
Posted by Agent Connect on November 29, 2017 in Las Vegas Community
Low Interest Rates Have a High Impact on Your Purchasing Power
According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.92%, which is still near record lows in comparison to recent history!
The interest rate ...
Posted by Agent Connect on November 28, 2017 in For Buyers
The Cost of NOT Owning Your Home
Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed....
Posted by Agent Connect on November 27, 2017 in Las Vegas Community
Existing Home Sales Slowed by a Lack of Listings
The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply.
Existing home sales are currently at an annual pace of 5.48 million, the highest pace since ...
Posted by Agent Connect on November 24, 2017 in Las Vegas Community
Access is an Important Factor in Getting Your House SOLD!
So, you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process, and they have asked you what level of access you want to provide to potential buyers.
There are four elements to a ...
Posted by Agent Connect on November 21, 2017 in For Sellers
Homeowners: Your House Must Be Sold TWICE
In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in ...
Posted by Agent Connect on November 20, 2017 in For Sellers
Top 4 Home Renovations for Maximum ROI
Whether you are selling your home, just purchased your first home, or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most “Return On ...
Posted by Agent Connect on November 17, 2017 in Las Vegas Community
Your Friends Are Crazy Wrong If They're Telling You Not to Buy
The current narrative is that home prices have risen so much so that it is no longer a smart idea to purchase a home. Your family and friends might suggest that buying a home right now (whether a first-time home or a move-up home) makes absolutely ...
Posted by Agent Connect on November 16, 2017 in For Buyers
Feeling ‘Stuck in Place’? You Aren’t Alone… And There’s Hope!
Whether you are a renter who is searching for your dream home or a homeowner who feels like your only option is to renovate, you have at least one thing in common: feeling stuck in place.
According to data from the National Association of ...
Posted by Agent Connect on November 15, 2017 in Las Vegas Community
Market Watch Report - October 2017
Happy Holiday season!
Opportunities abound as many of our colleagues are lured into “holiday hibernation” and shut down their businesses until January 2018. Cheers to you getting your share during the remainder of 2017....
Posted by Agent Connect on November 14, 2017 in Las Vegas Community
7 Reasons to List Your Home This Holiday Season
Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays.
Here are ...
Posted by Agent Connect on November 13, 2017 in For Sellers
Mortgage Interest Rates Are Going Up… Should I Wait to Buy?
Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association ...
Posted by Agent Connect on November 13, 2017 in For Buyers
Thank You for Your Service!
Thank you for your service!
Posted by Agent Connect on November 10, 2017 in Las Vegas Community
Veterans Affairs Loans by the Numbers
Since the creation of the VA Home Loans Program, 22 million veterans have been able to achieve the American Dream of homeownership.
So far in 2017, $188 billion has been loaned to veterans and their families through the program....
Posted by Agent Connect on November 9, 2017 in For Buyers
A Housing Bubble? Industry Experts Say NO!
With residential home prices continuing to appreciate at levels above historic norms, some are questioning if we are heading toward another housing bubble (and subsequent burst) like the one we experienced in 2006-2008.
Recently, five housing ...
Posted by Agent Connect on November 8, 2017 in Las Vegas Community
5 Reasons Homeownership Makes ‘Cents’
The American Dream of homeownership is alive and well. Recent reports show that the US homeownership rate has rebounded from recent lows and is headed in the right direction. The personal reasons to own differ for each buyer, but there ...
Posted by Agent Connect on November 7, 2017 in For Sellers
Multigenerational Households May Be the Answer to Price Increases
Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to an article by Realtor.com, “Nearly 1 in 5 Americans ...
Posted by Agent Connect on November 6, 2017 in Las Vegas Community
Low Inventory Causes Home Prices to Maintain Fast Growth
The National Association of Realtors (NAR) released their latest Quarterly Metro Home Price Report last week. The report revealed that severely lacking inventory across the country drained sales growth and kept home prices ...
Posted by Agent Connect on November 3, 2017 in Las Vegas Community