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Archive for the ‘homeowners’ Category

Legislature bills affecting homeowner associations 2017:: Las Vegas Homeowners will be affected

Saturday, February 25th, 2017

Hi everyone,

It’s that time of year for legislature to meet:  Here is a list of things we can watch for:

1. AB 11- More requirements on drones and portable helicopters.

2. AB 13- Revised provisions governing the annual fee for conducting business in Nevada.

3. AB 21- Makes various changes relating to elections.

4. AB 32- Revises provisions governing pest control.

5. AB 35- Makes various changes relating to insurance.

6. SB 24- Authorizes cities to enact ordinances requiring the registration of vacant properties.

7. SB 33- Prohibits the foreclosure of real property owned by certain military personnel or their dependents in certain circumstances.

8. SB 67- Revises provisions relating to fire safety requirements for multistory buildings occupied by people.

9. SB 68- A law set up for those people who are trying to sell property that they don’t own.

10. SB 69- Revises provisions governing state agencies, boards and commissions that regulate occupations and professions.

11. Other proposed bills pertain to AB 87 firearms, SB 79 confidential information, commission changes for the Common Interest Communities, electronic signatures, and of course, NRS 116 chapter.

I will keep you posted on what takes Place.

Enjoy your life:

Penny O’Brien 702.321.9383

GOWITHPENNY@YAHOO.com

 

Las Vegas Housing Market. Exciting, Good news for buyers and sellers. Inventory LOW

Wednesday, February 15th, 2017

Hi everyone,

Southern Nevada home prices started 2017 with a somewhat rare and exciting. The January jump while the number of homes available for sale continued to shrink the market is strong.

According to GLVAR, the median price of existing single-family homes sold during January through its Multiple Listing Service (MLS) increased to $238,000. That was up 1.3 percent from December and up 8.7 percent from $219,000 in January 2016. Meanwhile, the median price of local condos and townhomes sold in January was $113,500, up slightly from December, but down 5.4 percent from January 2016.

This is great for homeowners  because they actually are gaining equity in their homes.

The median single-family home price in Southern Nevada two years ago at this time was $200,000. One year ago, it was $219,000, “and now it’s up to $238,000. That’s a pretty great increase. .

Las Vegas  home sales have also been on the rise. There are many reasons for  home sales increasing, including an improving Las Vegas economy, and of course many of you know that home prices that are still lower than in most parts of California and a local population that is growing by about 2 percent per year.

Call, text or email me, GowithPenny@yahoo.com

702.321.9383

 

Penny O'Brien
Las Vegas | Henderson | Summerlin Realtor/Real Estate Agent


Cell:  702.321.9383
Email: lasvegasniceliving@yahoo.com

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