Get free access to our world class MLS search tools, save your favorite listings, create saved searches & much more!

Las Vegas Real Estate News

Mortgage Debt Relief Act ExtensionAccording to Mark Stark, owner of Prudential Americana LLC (one of the largest Prudential franchisees in the country), the Las Vegas real estate market has made a full return to traditional sales. In February 2014, bank foreclosures and short sales combined only made up a meager 14% of total closed transactions.

This is due in large part to the failure of Congress to extend the Mortgage Debt Relief Act at the end of 2014. This Act allowed short sale homeowners to avoid paying taxes on the unpaid balance of their loan when they sold for less than what was owed. Instead, these potential sellers are opting to stay in their homes and make the payments rather than be faced with one huge tax bill.

And, though it is possible (anticipated?) that Congress will

4,592 Views, 0 Comments

New Homes for Sale - Henderson NevadaAre you interested in purchasing a brand new home in Henderson?  If so, there is a small new home community opening, and they are releasing their first phase of elevated home-sites next week.

This boutique community, Horizon Terrace, is located in Henderson foothills off of Horizon Ridge and Gibson.  The exclusive neighborhood consists of 45 two story homes which show case views and larger lots.  The neighborhood is close to established schools, several parks and trails, St Rose medical facilities, Galleria Mall, The District at Green Valley shopping centers, Sunset and Green Valley Station resorts, and the Lake Mead National Recreation Area.

Floor plans will range in size from 3122 sf to 3648 sf and feature four or five bedrooms. Prices will start in

2,921 Views, 0 Comments

They say that a picture is worth a 1000 words – in real estate, that can be a good thing or a bad thing. Even keeping in mind that real estate agents are not professional photographers, over the years we have seen some real doozies posted on the Internet! Those are the ones that are certainly not going to sell the house, but they will leave a lasting impression on the viewer.

I was reminded of that again today when I came across the site, HookedOnHouses.com. (This is now one of my favorite sites!) In addition to a wonderful section on celebrity homes, they have a collection of some truly awesome BAD listing photos that make your jaw drop and leave you shaking your head.

Make sure to check them out

4,798 Views, 0 Comments

Bark in the Park - Henderson NevadaBark in the Park
March 8, 2014
10:00 AM - 3:00 PM

Join The City of Henderson Parks and Recreation department as they celebrate the 11th anniversary of Bark in the Park. Bark in the Park activities will take place at one of Henderson’s newest parks, Cornerstone Park.  Expect five hours of fun for you and your pet. 

Bark in the Park will include the following activities:

  1. Demonstrations
  2. Vendor booths
  3. Pet adoptions
  4. Fun contests and games
  5. Entertainment
  6. Free admission

Each dog must be accompanied by a guest handler 10 years or older.

Let your dog be your guest of honor at Bark in the Park. Enjoy the day!

Location: Cornerstone Park
Address: 1600 Wigwam Parkway
Contact Name: City of Henderson Parks and Recreation Department
Phone:

3,812 Views, 0 Comments

Las Vegas housing is usually known for its glitz and the plethora of beautiful new upscale master planned communities that surround the Valley.

Brendan Duffy, Las Vegas Elvis impersonatorBut at the heart of Las Vegas beats a very different type of lifestyle that is truly "Vintage Vegas." These are the neighborhoods that were home to mobsters like Bugsy Siegel, divas of the stage like Diana Ross, casino magnates like Sheldon Adelson, and uniquely Vegas show biz personalities like Liberace, Ellvis and Wayne Newton. In these areas you can find everything from pink bathroom tiles and coffered copper ceilings to running lights around platform beds.

Downtown is home to many of Las Vegas' most  charming older streets. Along St. Louis and in the Huntridge district you can find many cozy bungalows

7,171 Views, 0 Comments

Mortgage Closing CostsIf you have been thinking about buying a home in Las Vegas in the next five weeks, Fannie Mae might pay 3.5% of your closing costs!

This spring, in an effort to move some of the foreclosure inventory in its portfolio quickly, Fannie Mae is offering a special closing cost incentive for owner/occupants who go to contract by March 31st, 2014 and close by May 31st, 2014 on one of its HomePath properties. They will pay 3.5% of the sales price as a cash incentive on listings that are purchased during the "First Look" period. 

The "First Look" period is defined as the first 30 days the property is listed for sale in Nevada. (In other states it is only 20 days.) To encourage home ownership, during that time period ONLY owner/occupants are allowed to bid on

2,254 Views, 0 Comments

Things not to do when getting a mortgage loan in Las VegasYou can unknowingly sabotage your home financing goals by making some obvious and not-so-obvious moves with your finances.  Check out the list below to see if you know the top 10 things NOT to do when you are in the process of buying a home or refinancing.

Do Not:

  1. Transfer money between accounts, unless receiving complete documentation from your bank, itemizing all transfers.
  2. Make unnecessary checking or savings account transactions, such as withdrawals or deposits
  3. Leave an existing job - changing jobs may mean you don't have an appropriate work history, especially if you change fields of employment as well.
  4. Allow your bank accounts to go into a negative balance, even if you have overdraft protection
  5. Apply for credit in any form, including
2,278 Views, 0 Comments

This year I decided to take a cruise to the Caribbean for my birthday, and I saw some pretty amazing real estate along the way! I thought it would be fun to share some photos of the luxury custom homes I saw overlooking the emerald blue waters surrounding Tortola, Antigua, Barbados, St. Lucia and St. Barts.

Luxury Custom Homes

Our first stop was Tortola, and as we were cruising into port, I spotted these hillside island mansions overlooking grottos, sea caves and private beaches that were accessible only by ladders or elevators. After that we took a boat trip over to Jost Van Dyke and the "Soggy Dollar Bar" (home of the infamous Painkiller rum punch). The sand on this beach is absolutely perfect and the best we found on our whole trip. It felt like walking on velvet.

6,325 Views, 0 Comments

Score in the Super Bowl of Las Vegas real estate with seller financing on two great homes for sale in the 89074 zip code in the Green Valley area!

2514 Via Di Autostrada

Green Valley Ranch Home for Sale

Quaint and cozy three bedroom 2 bath 2 car garage home in a storybook Green Valley Ranch community with small park. Light and airy, vaulted ceilings, tile floors and counters, fireplace, master with separate entry to rear yard, freshly painted, white wood blinds, lattice-covered patio, lush secluded back yard with shade trees, palms and flowering bushes. Great location convenient to shopping, restaurants, movie theaters and more. Fridge, washer and dryer. Only $165,000!

 

2826 Norfolk

Adorable 1361 square foot three bedroom two bath 2 car garage one story home on elevated

3,233 Views, 0 Comments

Marijuana Real Estate, Las VegasColorado recently changed their state laws to allow residents to legally grow their own marijuana for personal recreational use. And now one enterprising Colorado real estate firm is taking advantage of the laws to form a new specialty - marijuana real estate.

Talk about going green! I just noticed a post from a Colorado web site, MarijuanaRealEstateColorado.com, which is touting their expertise in the alternative field (no pun intended!) of marijuana real estate. They help clients find suitable homes and assist them through the process of converting the property to a legal grow house.  

The home page of the site advertises:

"How would you like to cultivate your own personal grow from the convenience of your home while doing it 100% legally,…
9,069 Views, 1 Comment

Have a Question?

Contact Us

Follow Us