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
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
People obviously do not always appear as they truly are. What profession are you involved with? Are you secure in knowing what you’re doing or do you just BS your way through your day?
I am a Professional Realtor, one who is experienced, honest, ethical, educated and fun to work with. What I’d like you to know is that there are so many agents with their license who have no clue what they are doing OR don’t care. If I had a dollar for every time I’ve met someone and they said to me, I wish I would have known you when we were buying our house. Our Realtor SUCKED, Our Realtor was horrible. I would be retired by now.
Let me please implement the importance of interviewing your agent. Do NOT feel guilty by not choosing them. Move on until you find the right match. Call me, I’d love to help you with your Realtor Needs, I’m not a fake it till you make it. I know what I’m doing. Let me handle all the stress of the transaction cause there is stress but my buyers and sellers seldom now because I don’t pull them into it.
Don’t hire someone who does this profession part-time. Unless, that’s what you want someone who’s going to perform 1/2 of the time.
I can not implement the importance of this matter. You will be very disappointed with when one the best times that generally happens in our lives, buying and selling a home.
I represent my clients throughout the whole transaction with care and professionalism.
Call, text or email me anytime, Penny O’Brien with RE/MAX Excellence
just a fun fact blog today, cause everything in my life is related to Real Estate in some way shape or form. For example: as I sit here blogging about Las Vegas Homes for sale and what is important about what my readers want to know about our Las Vegas market. Yes, I’ve seen housing the same color as my skittles. Many of them actually. Most of these homes are located in housing areas that have NO HOA’s.
I just opened a little pack of bite size skittles. Really never paying attention to anything but the love of them and how they make me happy. I glanced down to see the pretty colors sitting there. I was struck with wonder, how many skittles are there in this little package, and really what flavors are they?
13 were in this pack. I’m going to go get another lil package and see if there’s 13 in all the packs or if the number varies. There were more green apple bite size candies in this group.
Here’s hoping you enjoy your candy too. Take care everyone. Call me if you’d like to know more about Skittles and Our Las Vegas, Summerlin, Henderson, Green Valley, North Las Vegas, SW and NW housing market and what’s out there. I have new home sales info, how the builders are, how much the new homes are. Along with all resales of single family homes, condos and town homes.
Maybe you want to buy a home and color it like the rainbow of colors in the Skittles package. I can help you find that house. Penny O’Brien with RE/MAX Excellence, I put the Excellence in Real Estate. 702.321.9383
P.S. I had to open up another lil skittle package. This one too has 13 pieces in it. 4 orange, 5 grape, 2 lemon, 1 strawberry and 1 green apple.
2 hours later, I just had to out of pure curiosity I opened another little package of Skittles, this one has 15 pieces: 1 orange, 2 lemon, 5 strawberry, 3 grape and 4 green apple. that’s it for me and the skittles, for today anyway!
Let’s talk about what the Responsive Homes represent for a ground-breaking new approach to home design with flexible and customized features to suit people of all ages and stages of their lives.
They focus on open, flexible spaces and indoor-outdoor flow. living in Las Vegas/Henderson it’s a great way to add more living space by using the great outdoors. They include rooms with natural light and rooms with multiple functions that can change over time. Construction is underway on both homes near Potenza Park in Inspirada, where a New Home builder has already three thriving
Responsive Homes, has focused on millennial home buyers and what really matters to them. The Most millennials typically defined as ages 25 to 34, are gravitate toward homes with urban conveniences in suburban settings, more outdoor space, and customized living spaces. Living within walking distance to parks and schools and a sense of community are also high priorities. Many Millennials are first-time home buyers.
This New community is Located in Henderson, it also offers quick access to urban amenities and great schools, including Pinecrest Academy scheduled to open in August. Inspirada in Henderson has four parks, three pool areas, miles of strolling and biking trails, and is minutes from Sloan Canyon National Conservation Area, one of Southern Nevada’s finest natural wonders.
Let’s go house shopping, call Penny O’Brien with RE/MAX Excellence, I put the Excellence in Real Estate. 702.321.9383
Check out this GenSmart Suite video I took for you. I can help you find what you’re looking for, Penny O’Brien, 702.321.9383.
Multigenerational house plans accommodate different reasons why there are more generations under the same roof these days. There is no major division between lodgings; all of the bedrooms, bathrooms and public spaces are encompassed in the same house or casita. Plans for multigenerational homes often create privacy by dividing bedrooms into separate wings, or by including a bathroom with every bedroom. The kitchen, dining room and other communal areas are generally shared.
Multi-Family house plans, typically include two or more complete living suites within the same structure/house. For Example: duplex or apartment complex, each living space includes a separate kitchen and living area and a separate entrance. Of course there are many different approaches to multi-family house plans and designs. Maybe a two-story home could contain living areas for three different families: one in the basement, a second on the ground floor and a third above. Alternatively, a townhouse-style design would place two, sometimes the same floor plan of living areas next to each other, with a separate entrance for each.
There are so many reasons why more American households now consist of two or more generations under one roof:
Debt-saddled millennials can’t afford or don’t want to move out on their own; boomers worried about their aging parents want to keep them close by; live-in grandparent babysitters can help offset the price of child-care and other expenses related to raising children.
I can help you with your REAL ESTATE Needs, Penny O’Brien 702.321.9383 RE/MAX Excellence, where I put the Excellence into Real Estate.
I am using caps because this concept is so amazing. Watch the video and see for yourself.
GENSMART LAS VEGAS HOMES
As life evolves as things always continue to change this is something a little bit new to the market. It’s called the GenSmart Suite. Many times people chose a casita for extra guest/rooming space. Maybe people like the idea of renting out the casita and making a little income. Perhaps they have family members who are visiting for a long stay. Maybe they have a family member who needs a place to live. As we mature we need less space and actually don’t want the responsibility of having or owning a big home anymore.
How about the college student that needs a little more privacy? Or, the newlywed couple who needs to save up a little money before they can buy their own place.
A GEN Smart Suite is perfect. As you can see in the video it’s all a person really needs. There’s a double sink, very nice kitchen area, a spacious living area and wonderful bedroom area. I was almost ready to just move into this place. Of course I couldn’t because it’s a model home and the new home builder may wonder what I’m doing.
I just really love the idea of the GEN SMART SUITE. If you’d like more information about it please give me a call or text anytime. Take care and Happy House Hunting to all of us.
I trust all is well for you and yours. Have you heard the news about a new Summerlin Village opening up? Oh my goodness. I’ve been living in Summerlin for over 19 years and I have to say this is one of my favorite Villages. It’s tucked up in the mountains. The views are amazing. The club house area will be Guard Gated. There’s going to be the standard big park areas like Summerlin Provides so well. Lush green trees and beautiful landscaping. There are so many wonderful things to mention about this Reverence Village. I LOVE IT and I think you will too. Call me anytime for more information or even better, let’s go shopping. Penny O’Brien @ 702.321.9383 Your, Sunny Las Vegas Realtor with over 19 years of REAL ESTATE experience. Thank you for your time, Penny
rev·er·ence: deep respect for someone or something.
When I first got into Helping clients buy and sell homes I thought to myself, It’s really important to remember how much work it can be to move. So many of us move in a home and stay set. As one lady said to me the other day, I’m never moving again, she was probably in her late 50’s and just has had enough moving around. She said I’m going to die in this house. Which of right now we don’t have to disclose if someone dies in a property.
My point of this blog is, I just moved. It was a great experience. I don’t have a lot of things, I am a minimalist. I will say tho, even as a minimalist, it’s a lot of work moving. If you need information about Las Vegas Real Estate, homes for sale, or are interested in selling, Please give me a call, I’ve been helping clients buy and sell homes in Las Vegas for over 17 years full-time.
If you are moving and need some help, give me a call. I will help out if possible.
Enjoy your life,
Your Friendly, honest Realtor, Penny O’Brien 702.321.9383 RE/MAX Excellence
I get asked the question from my buyers every single day, how safe is this neighborhood? I can’t answer that question because of course we all know that people come and go out of neighborhoods quickly. No telling who is moving in or out for that matter. I always recommend a few ways to come to a conclusion on this situation of knowing about safety.
I always recommend that they visit the home they are interested in several days and during the night hours. We all know that different times of the day can tell a lot about the activity taking place.
I also suggest going on to Metro’s Police Dept. website. It is: http://www.lvmpd.com
There is also a site to check on sex offenders and where they live: Website: http://www.familywatchdog.us
Many times I will knock on the neighbors doors and get to know some of the people that live inside the community. They are always a good source of information.
Of course you must always go with what feels right. If you don’t feel comfortable with how you feel about the house. MOVE on.
I strive to always make sure my clients are happy with their purchase. I have happy clients who are happy living in their homes. I will not allow them to settle for a place just because of needing a place to live.
Thank you for visiting my blog and website.
Call, text or email me anytime with Real Estate questions you may have.
Penny O'Brien can help you with: new home las vegas nv, las vegas nevada real estate, las vegas homes, las vegas luxury condo for sale, condo listings las vegas, blue diamond nevada real estate, las vegas realtor online, las vegas house condo prices, las vegas buy real estate, las vegas residential real estate, las vegas home, new home las vegas nv, and las vegas new home. Contact Penny today to discuss!