Category Archives: Sellers

Sales of Existing Homes Up, Down, Around

Nationally, Bloomberg News is reporting that the housing market continues its sluggish start to 2015.  Sales are down, faced with rising prices and low inventory.  Housing prices have been rising faster than incomes and borrowing standards remain tight, both of which prevent potential buyers from taking advantage of continued low interest rates.  Bloomberg reports the […]





Report: US Home Prices On the Rise

The National Association of Realtors recently announced the latest US real estate figures and the numbers are encouraging for anyone considering selling their home. Evidently, home price growth accelerated in much of the country during the fourth quarter of 2014. This is a fantastic development for anyone hoping to get a good price on their […]



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 – […]



Real Estate Is Looking Up For 2015

Last month I blogged about 5 Predictions For The US Housing Market in 2015, which painted a rosy picture for this year. I just read a fascinating blog entry by Sam Khater, Deputy Chief Economist for real estate data collection giant, CoreLogic. Khater points out that real estate has returned to a level where “normal” […]



Who’s Moving to Las Vegas?

The Review Journal did a special article on January 6, 2015 about who is moving to Las Vegas.  Citing a study by United Van Lines, Nevada is the sixth most popular state for people who are relocating.  The data from the study shows that 57 percent of moves are into Nevada, which 43 percent of […]




MORTGAGE FORGIVENESS DEBT RELIEF ACT UPDATE

As we have reported before, Congress has yet to renew the Homeowners Relief Act which provided a tax break on mortgage forgiveness obtained through short sale, foreclosure, or principal reduction.  It now appears that Congress will extend the Act after the November elections, making it retroactive for all of 2014.  However, it is unclear if […]



Is It a Buyer’s Market in Las Vegas?

The Las Vegas Review Journal reports today in its Business section that home prices increased less in July than they have in the past 20 months.  Slow sales and increased inventory may be shifting our sideways market towards buyers.  .  Nationally, sales are down 5.3 percent from last year.  Among the reasons for slower sales […]