Archive for August, 2018
Wednesday, August 29th, 2018
What’s trending in the housing market here in Las Vegas? Lots!! Prices are rising-up, up and away. The Median priced re-sale home is around $350k .
Every section of the Las Vegas Valley has New Homes under construction. Depending on your likings there are homes around $150k usually condo and townhomes, then the skies the limit, you name it you can upgrade it in a new home in Summerlin, Henderson, North Las Vegas, the SW and NW. Typically if you’re buying a new home most people send an average of $70k in upgrades at a home priced around $500k. Which could include, flooring, cabinets, countertops, elevation of the home, extensions, lighting and electrical upgrades and so much more. It’s all about personal taste and money when it comes to upgrading a new home.
There’s lots of buzz about the Raiders coming to Las Vegas. Many bars/food establishments have claimed themselves as “Raiders bars”, I spent a lot of time downtown Las Vegas this weekend and already some places have started advertising for game day. As more information about these bars pop up I’ll inform you via this blog.
Vegas Golden Knights are always trending because they have done so much for the city. During the horrible event on Oct. 1 2017 the Golden Knights took charge and showed the community how much respect they have for the victims, their families and the whole community in general. So much love and gratitude shined through a really rough time here. The one year anniversary of Oct. 1st is coming soon. there are many events planned for all people to come together to support one another. I am sure the VGK will be a part of it all.
Weed, yes, we have legalized marijuana. Many travelers arrive in Las Vegas and head straight to a dispensary. Some people think Disney Land is the happiest place in the world, others believe Las Vegas is, Las Vegas is by far a big adult playground.
To Keep up with what’s happening in Las Vegas just check in, thank you for now, Penny
TRENDS IN LAS VEGAS
Penny has been helping buyers and sellers in Las Vegas, Summerlin, Green Valley, the SW and NW areas of the Las Vegas Valley for over 20 years. She’s current on trends in Real Estate.
Wednesday, August 29th, 2018
Hello and welcome to a short clip of Cadence located in Sunny Henderson.
This Master-Planned community is amazing. What the future holds for Henderson and Cadence is looking good. They have multiple different types of new model homes to browse through. If you need floor plans and pricing of the new homes just give me a call. I’d be happy to supply them to you. They also have a section just for the young at heart, which in the old days was the “age restricted area”.
Do you enjoy a stroll through your community and would prefer to ride a bike? No problem, the Cadence Community offers bikes to their buyers. How about a great park for all ages to enjoy? Again, No problem. They have a great park with trails throughout the community. Do you enjoy the strip and the view of the strip? Well, Cadence sits in a great area of the valley and has amazing views of the Las Vegas Strip and downtown. Do you enjoy the Lake? No problem, Cadence is located near Lake Mead. They even have wireless internet for the campers at the campsites at Lake Mead. How convenient.
Now please ENJOY the short video. Penny O’Brien
Cadence Video Tour
Wednesday, August 29th, 2018
Hi there everyone,
Yes! you’ve come to the right site if you’re looking into the HUD 184 Native American Indian Loan Program for Las Vegas, Summerlin, Henderson, Green Valley and the rest of Clark County.
I have helped many buyers with this program and can help you too. Give/send me a call, text or email at 702.321.9383 or GowithPenny@yahoo.com.
Whether you’re ready to buy now or in the future I can help guide you as I have helped many others with how the program works and if it’s right for you. Even if you’re not ready to buy that’s ok, we can discuss the program and prepare you for your future purchase.
It is a government funded program so there are requirements you must meet but that’s common of most financing situations available. If this program isn’t right for you I’m sure I can find you one that fits your needs.
Our Las Vegas housing market is hot right now, which means we have a very low inventory of homes for sale and more buyers than sellers. It makes for our housing market to be a little off balance. Las Vegas needs more sellers. Sellers know this and are asking for more than their properties are worth, sometimes not all sellers do this but many do. When they behave this way it drives up prices and sometimes the buyers who are financing a purchase get out bid by cash buyers. In those cases it is what it is.
Do not give up hope. I have successfully helped buyers purchase the home they wanted, they did not settle for less. I have a great track record with working with other Realtors and take great joy knowing that I can meet my clients expectations of being a Rock Star Realtor for them.
Click on my testimonial page to hear what they have to say about me. http://www.sunnylasvegashomes.com
Thank you again for you time. Enjoy your life, Penny
Monday, August 20th, 2018
Once every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data, covering 2013-2016 was just released not too long ago.
This survey revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. During the same time, the median net worth of renters decreased by 5% ($5,200 today compared to $5,500 in 2013).
So the bottom line is that the numbers reveal that the net worth of a homeowner is over 44 times greater than that of a renter.
Quietly saving money and owning your American Dream:
The “American Dream” is to own your own home, it’s also a way of “Saving” due to the growth in equity of the home. That is considering your home is going up in value.
Many people don’t invest in anything more than their home. They don’t save money, they don’t have CD’s or entertain the idea of investing in the stock market.
want to know more, call Penny O’Brien with RE/MAX Excellece 702.321.9383
Monday, August 20th, 2018
Hi again everyone,
Here’ is a few homes for sale in Cadence the Master-Planned Community in Henderson, NV
There are a few new homes being built in Henderson. Some of which are single story homes. With RV style garages.
Are you looking for exciting lifestyle that is active, interactive 4 55 and better, I have information about Cadence located in Henderson, NV.
Are you interested in the Next Gen home? If you aren’t familiar with the Nex Gen concept it’s a home with has for instance a home within a home. It’s a living area that typically entertains a kitchenette, full bath, sitting area along with a bedroom space. It’s allin one room except the bathroom which is attached and closet. It’s the Multi-generational home.
If Henderson isn’t your only option for buying, let me know. I have access to the 55 plus communities.
I can help you with your real estate questions, I’m here for you, I’m just a call away. Penny O’Brien 702.321.9383
P.S. I have New Home construction information you might be interested in. Maps, floor-plans and pricing.
Thursday, August 16th, 2018
It’s Penny O’Brien with RE/MAX Excellence. Thank you for checking this information out.
Top 10 Places to live in Las Vegas
Enterprise, No not the car rental company ;0)
The Clark County area is growing so fast. Las Vegas continues to have so many attractions for everyone of all ages to come and enjoy. Most people who live in Vegas greatly appreciate our amenities. The list is endless of fun and exciting things to do. The shows on the strip, the night life of Vegas. We almost have it all, only thing really missing is the Pacific Ocean, that problem can be solved easily, hop on a plane or jump in your car and in a few hours you’re there.
As far as Summerlin goes that is no surprise to me. Summerlin is an amazing Master-Planned Community. It has wonderful schools, walking trails, beautiful homes, it’s near Red Rock Canyon, Downtown Summerlin has amazing shopping, a movie theater, lots of restaurants and is very family oriented.
The Lakes is located very near Summerlin, it is a bit more established. The houses maybe a little less pricey than Summerlin and the location is amazing. Again, situated near shopping and restaurants. They too have lots of walking trails and the trees and vegetation are nice and mature so it’s really beautiful. Yes, it’s called the Lakes because they have man made Lakes within the community.
I have a secret about Tule Springs, builders have bought up over 18000 acres and will begin building soon.
Would you like more information about these communities? Buzz me anytime, Penny O’Brien @ 702.321.9383
the top 10 is via Zillow
Wednesday, August 15th, 2018
Hi there everyone, If you’re looking for someone who knows how this program works, Call Penny NOW 702.321.9383
What exactly is the Section 184 Loan Guarantee Program?
The Section 184 Loan Guarantee Program is a loan product available to Tribes, Tribally Designated Housing Entities (TDHEs), and Tribal members. This loan can be used on or off reservation for purchase, rehab, refinance, or new construction. The Section 184 Indian Home Loan Guarantee program is a tool for Tribes to bring more housing to tribal communities and other areas. Section 184 Loans are used for SFR, single-family housing (1-4 units), with a fixed-rate loan for 30 years or less. Section 184 cannot be used for commercial structures or with any type of Adjustable Rate Mortgages (ARMs).
Who qualifies for the HUD 184 loan?
- American Indians or Alaska Natives who are members of a federally recognized tribe
- Federally recognized Indian tribes
- Tribally designated housing entities
- Indian Housing Authorities
Yes, Penny knows this program very well. She can help you understand how it works. The Section 184 Indian Home Loan Guarantee Program is an amazing home mortgage product specifically designed for American Indian and Alaska Native families, Alaska villages, tribes, or tribally designated housing entities. Congress established this program in 1992 to facilitate homeownership and increase access to capital in Native American Communities.
With Section 184 financing buyers can get into a home with a low down payment. One of Penny’s single mom buyers only had to come in with $1700 total to buy a 3 bedroom townhome with a 2 car garage. It was cheaper for her to buy a home than to rent. A couple from Alaska bought a two bedroom townhome with a 2 car garage, they were happy to have the program available for them to use.
Section 184 loans can be used, both on and off native lands, for new construction, rehabilitation, purchase of an existing home, or refinance.
Section 184 is synonymous with home ownership in Indian Country.
Penny has helped so many buyers using this program, she believes it’s a fantastic program for the well deserving population that qualifies for it. Please feel free to call her for more information. Penny O’Brien 702.321.9383
Section 184 is adding to the marketability and value of the Native assets and strengthening the financial standing of Native communities.
Is Las Vegas eligible for the program?
Yes, Las Vegas, Summerlin, Henderson, Green Valley, North Las Vegas, Southwest and Northwest Las Vegas all fit the criteria for this loan. The program has grown to include eligible areas beyond tribal trust land.
What you can expect from Penny when you are a First-Time home buyer:
- She works at no cost to you!
- Provides detailed listing information not always available to the general public.
- Negotiates the deal to help save you money.
- Guides you through the avalanche of paperwork.
- Penny Commits lots of time and energy to finding you the right property.
As your Real Estate Agent she will lead you through every single step of the exciting home buying process. Penny will help you define your “wish list” of features you want in your home.
She will walk you through the mind-boggling financial details associated with buying a home. She monitors all new listings and will alert you to new listings as soon as they are put on the market. She will help to eliminate the stress involved with buying a home by putting her years of real estate experience to work for you. Finding the right property for you is her business. Contract Penny NOW! 702.321.9383 GOwithPenny@yahoo.com
Tuesday, August 14th, 2018
If you are in the market for a NEW house, you’ll likely want to make sure you have a Realtor with you. Did you know that the sales agent who nicely greets you at the sale office door is working for the builder/ seller? That sales agent is NOT representing you. It cost you nothing to be represented by a Realtor, so give Penny a call to have her assist you with all your New home search needs? There are factors that end up making the biggest impact on your visit to a new home sales track. First of all the sales agent is not going to share with you that you can negotiate the sale price and other expenses involved in buying a new home. Call Penny Now to discuss how she can save you thousands of dollars, she has saved her clients so much money purchasing a home from a new home builder, she’ll make your experience fun for your new home house hunting.
Buying a new home can be a lot of fun and knowing Penny has all the new home builders information on where they are building along with pricing is a great plus for you.
Reasons why people buy a New Home:
They can pick their lot to build on
They love the idea of a fresh and so clean clean home
They pick the colors of everything, walls, cabinets, countertop, exterior paint color
They have so many options to change items to suit their needs
They have never had the opportunity to own a new home and Las Vegas offers many choices
They can pick the floor-plan they like
They have a say so over how much they want to spend on options or not spend on options
They can pick their elevation
To make friends with their neighbors a bit more easily. Everyone is new to the community and so everyone has something in common
The fresh smell of new, the smell of new paint, new everything, just like the smell of getting into your new car
Energy Star-rated appliances
They can Pick a soaker tub vs. a sit down shower
- It’s exciting and fun to watch your house being built from the ground up
The list is endless why people love buying a new home
Who are some of the builders hammering away in the Las Vegas area:
Blue Marble Dev
D R Horton
Trilogy by Shea Homes
Thank you for your time, Call me anytime, Penny O’Brien, RE/MAX Excellence, 702.321.9383
Thursday, August 2nd, 2018
Let’s dive into the New Home Community called Reverence located in the NW Village of Summerlin and see what it’s all about. It is an amazing community nestled in the mountains. The builder is Pulte, they have several floor plans to choose from. I can tell you from personal experience that this community is selling very fast. They have great floor-plans and the area is just amazing. Location, Location, Location.
Reverence is a 300-acre residential village located in the northern region of Summerlin at the 215 Beltway and W. Lake Mead Boulevard.
Reverence residents enjoy the world-class outdoor lifestyle found in the Red Rock Canyon area including hiking, rock-climbing, mountain and road biking. A dedicated trail network connected to the village offers community, neighborhood and off-street trails. An eight-acre community park includes an amphitheater, walking track and volleyball, basketball and tennis courts. Residents within the guard gate will have access to a 16,000-sf. indoor/outdoor recreation center that forms the cultural and social core of Reverence and features state-of-the-art fitness, resort and lap pools, as well as tennis and pickle ball courts.
Owners who do not live in the guard gated area do not have access to the pool and all the fun stuff that the club house has to offer.
I have happy buyers and always have. If you’re interested in purchasing or selling a home in Las Vegas please feel free to call, text or email me anytime. 20 years experience of full-time service. Thank you for now. Penny 702.321.9383 GOwithPenny@yahoo.com
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