Transparency, Communication Matter in Your Real Estate Transaction

RE/MAX agents are known for their transparency and seamless communication, as well as their high productivity, professionalism, and diligence. Read more at the following blog post provided below to see if a RE/MAX agent is right for you.

http://www.remax.com/c/housing-blog/blog-post/transparency-communication-matter-in-your-real-estate-transaction

Source: REMAX.com

Demand More than a Home

New master-planned community homes with more than favorable accommodations in the northwest valley. Take a look!

http://www.lvrj.com/real_estate/demand-more-than-a-home-192683941.html

Source: LVRJ.com

New Housing Market off to Strong Start this Year

Rising sale prices and multiple new housing construction sites in the Las Vegas Valley! Read more at the article provided below:

http://www.vegasinc.com/news/2013/feb/22/new-housing-market-strong-start-year/

Photography: LEILA NAVIDI
Source: VEGASINC.com

Percentage of Underwater Homeowners in Vegas Drops in 2012

From the article: "The percentage of underwater homeowners in Las Vegas Valley fell last year as rising home values gave many people a financial lift. But there’s ample room for improvement: Las Vegas is expected to stay the underwater capital of America for at least another year."

Read more:
http://www.lasvegassun.com/news/2013/feb/20/percentage-underwater-homeowners-las-vegas-drops-2/

Photography: SAM MORRIS
Source: LASVEGASSUN.com

Nevada has Second-highest Foreclosure Rate for Fourth Consecutive Month

Although foreclosures have decreased over the course of a year, foreclosure activity has been spiking again over the past four consecutive months. Read more at the following article:

http://www.lvrj.com/business/nevada-has-second-highest-foreclosure-rate-for-fourth-consecutive-month-191174251.html

Source: LVRJ.com

Homebuilders Look to Buy More Land as Market Thaws

A builder by the name of Lennar Homes is opening more subdivisions as others close out (Lennar is currently involved in about 15 active subdivisions around the valley).

Some statistical insight from the article: "Frustrated by competition from cash investors in the resale market, prospective homebuyers turned to new homes in 2012. Builders sold 5,544 new homes last year, a 42 percent increase from the previous year, Smith reported. New-home permits jumped 58 percent to 5,908."

http://www.lvrj.com/business/lennar-homes-begins-work-on-40-acre-infill-parcel-191476151.html

Photography: JASON BEAN

Source: LVRJ.com

UNLV Students Prepare to Build Competition-Ready ‘Net-Zero’ House

An interesting article posted this morning by the Las Vegas Sun acknowledges a group of bright UNLV students for participating in a worldwide competition called the "Solar Decathlon". The participating students have been challenged to design and construct a fully-functioning house powered exclusively by the sun, otherwise known as solar power.

Follow the link provided below for more on the story:
http://www.lasvegassun.com/news/2013/feb/14/unlv-students-ready-begin-construction/

Photography: STEVE MARCUS
Source: LASVEGASSUN.com

Median Home Prices Experience Largest Year-Over-Year Increase in Nine Years

From the article: "The median price of single-family homes sold in the region in January was $150,000, an increase of only 0.7 percent from December. But it was up 27 percent from a year ago, marking the largest year-over-year jump since at least 2004, according to a report out Friday from the Greater Las Vegas Association of Realtors."

http://www.vegasinc.com/news/2013/feb/08/single-family-home-median-prices-experience-larges/

Photography: STEVE MARCUS
Source: VEGASINC.com

U.S. New Home Sales Fell in December, Sales for Year Up

New home sales are climbing with the new year. Check out the article for details:

http://www.8newsnow.com/story/20705870/us-new-home-sales-fell-in-december-sales-for-year-up

Source: 8NEWSNOW.com

Las Vegas Area Communities in Top 15 for Home Sales

From the article: "Three Las Vegas Valley master-planned communities were in the top 15 nationwide for sales last year, research reports say."
Find out which LV communities are booming by reading more at the article linked below!

http://www.vegasinc.com/news/2013/feb/04/three-las-vegas-area-communities-top-15-home-sales/

Photography: JUSTIN M. BOWEN
Source: VEGASINC.com

Netco Title: December 2012 Sales Reports

The following reports show SFR (Single Family Residence), Condo, and Townhome sales activity for December 2012. Click on the report images to enlarge them for a better view!

 

Source: NETCOTITLE.com

Exterior Replacement Projects Provide Biggest Return on Investment for Homeowners

Curb appeal projects can offer the greatest return on investment for any homeowner. According to NAR President Gary Thomas, “Projects such as siding, window and door replacements can recoup more than 70 percent of their cost at resale. Certain interior remodeling projects can also create a substantial value at resale. Follow the provided link for more info and project suggests:

http://www.realtor.org/news-releases/2012/10/Exterior-Replacement-Projects-Yield-Best-ROI

Source: REALTOR.org