Why Now is the Best Time to Invest in Las Vegas

Here are few reasons why NOW is the best time to invest in Las Vegas real estate:

1. Did you know that traditionally December is the best month to invest in real estate? Home prices typically are lowest during the holiday season (because of fewer buyers competing in the market). More folks are on vacations or planning holidays or out shopping for gifts than buying homes. This gives you as an investor a unique opportunity to try to get better deals from eager sellers. The best time to invest is when competition is less.
   
2. Need a tax write-off? Now might be a good time to considering making an investment purchase before the end of the year rolls around. Talk to your CPA about the benefits of investing in real estate to lessen your tax burden.
   
3. Did you know that interest rates are hovering around 4.0% right now? Those of you who have invested and leveraged real estate in the past know that these rates are near historic lows. They obviously will not last forever. It's rarely been cheaper to finance an investment property. Don't kick yourself later when rates rise back up above 5%. There is a huge difference between a 4% rate and a 5%+ rate.

Our team is constantly looking at properties, in all locations, in all price points for our investors. Contact me today if you're ready to talk about purchasing a home and we can tailor a search to match your criteria.

Have a great holiday week!

Kyle Cunningham
(702) 823-0840 | call or text
kyle@cgvegas.com
Cunningham Group
RE/MAX Advantage

Great Las Vegas Neighborhoods: Comparing Cost, Crime, Schools and More

As Southern Nevada recovers from the economic downturn, neighborhoods across the valley are re-emerging as a result of new construction, renovation projects, and renewed interest among buyers and renters. Many of our neighborhoods have a distinct feel, as well as their own merits in regard to price, location, safety, and schools.

Please take a look at this great article with an informational overview of notable neighborhoods and communities in the Las Vegas Valley:
http://www.vegasinc.com/news/2014/nov/10/great-las-vegas-neighborhoods-cost-crime-schools/

Photos: Christopher Devargas, Mikayla Whitmore, & L.E. Baskow
Source: VEGASINC.com

Las Vegas Home Resales Ebb, Prices Fall, Realtors Report Notes

According to a recent report from GLVAR, the median price of single-family homes dipped from $202,500 in September to $199,900 in October. This is down 1.3 percent month-to-month. Year-to-year, the single-family median home price was up 8.1 percent from $185,000 last October.

The recent decline was not unexpected, as home sales typically tend to slow down with the arrival of cold weather and the holiday season.

Read more at the article:
http://www.reviewjournal.com/business/housing/las-vegas-home-resales-ebb-prices-fall-realtors-report-notes

Clark County Home Price Index | FindTheBest

Photo: David Becker

Source: REVIEWJOURNAL.com

Thinking Green? Be More Environmentally Aware at Home

Small changes of habit can mean big differences in your energy efficiency, not to mention - can lower your energy bills!

Here are some tips from RE/MAX on how to make your home more environmentally friendly:

• More insulation - If your home is under-insulated, it’s probably not as cool in the summer or as warm in the winter as it could be.
• Efficient appliances - Replacing older appliances with energy-efficient models may cost a bit up front, but they’ll save you money over the long haul.
• Smarter lighting - LED lights and compact fluorescent lamps (CFLs) save money and energy (a lot!). They produce less heat, use less energy, and last significantly longer than traditional light bulbs.
• Thermostat awareness - Programmable thermostats will help you regulate temps throughout the day and night in the most energy-efficient way.
• Water wisdom - An aerator on all household faucets could cut your annual water usage by nearly half. Low-flow toilets can save thousands of gallons of water per year. Watering your lawn at night minimizes evaporation and reduces water waste, and adding xeriscaping can help you cut down on (or even eliminate) sprinkler use.

Source: http://www.remax.com/c/housing-blog/blog-post/thinking-green-be-more-environmentally-aware-at-home