Wouldn’t it be great to own a place at the beach, in the mountains, or by the lake? If you are seriously considering buying a vacation home, you have probably weighed many of the pros and cons already. But you should carefully consider everything before you buy. Have you taken these additional costs and benefits […]
Category Archives: Real Estate Investment
Stock Market Got You Down?
What a roller coaster the stock market has been lately. It’s up; it’s down. Whether you are investing for retirement or for additional income now, the vagaries of world investment markets are challenging for those of us with individual, rather than corporate, investment funds and goals. While no risk investments provide the safety of knowing […]
3 Best Practices for Real Estate Investment
Investing In Real Estate: AchieveYour Real Estate Goals With mortgage rates so low, many investors choose to invest in real estate, as opposed to the stock market. In addition, real estate is a prime investment for novice investors, as it is more tangible and understandable than stocks and the index. According to Bankrate’s annual investment […]
What’s In A Street Name?
The January 25, 2015 Sunday New York Times had an article on the Secrets of Street Names, which looked at the effect of a street name on the value of a house. The study found that houses on streets with names have a higher value than houses on number streets. Looking at street suffixes – […]
NV Supreme Court Rules on HOA Super Liens
The Nevada Supreme Court has issued its ruling on a law suit which has been making it’s way through the courts for the past few years. At issue was whether HOAs, which under Nevada law may claim a super priority lien for nine months worth of unpaid dues, could foreclose on their liens. Super priority […]
Average Housing Market a Good Thing
The Nevada Business and Industry Department’s Housing Stability Index gave our market a C grade for the second quarter of this year. That is up from a D+ from the second quarter in 2013. Analysts say that if our market is able to hang out in the C range for the foreseeable future that might […]
HOW TO BUY A HOUSE WHEN THE BANK TURNS YOU DOWN
In a recent blog we discussed how the penalty phase between completing a short sale and getting a new conventional mortgage to buy a house increased in August from two years to four years. If you had a short sale and bought a house prior to August 17, 2014, you were able to complete the […]
Home Improvements That Pay Off When Selling Your Home
Not all home remodeling projects are created equal – especially when you’re trying to get the biggest bang for your buck when it comes time to sell your property. So before you spend thousands of dollars on that home remodeling project you’ve been dreaming about, make sure that you’re armed with the facts first. Today, […]
2014 So Far So Good
The latest numbers released from the Greater Las Vegas Association of Realtors showed that median prices continued to increase throughout the first half of 2014. This is especially good news considering that sale numbers fell, inventory improved and investors were less active. The median price of a single family home in June was $199,900, which […]
Nevada Housing Market Continues to Stabilize
Nevada’s housing market continued to show signs of stabilization in January. One of the major signs of that stability is that big institutional investor buying has slowed down to just 6.5% of sales. This is down from 10.7% a year ago. Short sales also slowed down to 13.4% from 22.9% a year ago. Closer to […]