Posts Tagged ‘Nevada’
Wednesday, December 6th, 2017
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
Tuesday, November 21st, 2017
Here we go, it’s going to be a big problem and no one is talking about it. I am!! Time will tell.
This is what they said a few months ago. If you plan to build it in Las Vegas if it’s a new casino, a freeway, or a stadium for the Raiders and UNLV the construction workers will come, officials believe.
Southern Nevada has seen lots of boom periods in its history. Another boom is now happening across Southern Nevada, with planned, proposed and construction projects underway totaling as much as $15 billion.
Labor Union 184 say “they will absolutely be able to complete the stadium project by the beginning of the 2020 football season”. That’s a big commitment.
And data suggests Nevada does not have enough construction workers to accommodate the timing needs of the stadium along with several existing and future major construction projects, including a Strip mega resort, two highway projects and a manufacturing plant.
Construction industry professionals have said the most acute shortage may occur among professionals and specialists, such as architects and engineers.
Friday, November 17th, 2017
This is very interesting. I hope you enjoy it too. Moving? Let me know how I can help with your Real Estate needs. Penny O’Brien 702.321.9383
This map shows each state’s month-over-month selling price for August 2017. The light gray states, prices have gone up between July and August. This would suggest a seller’s market where buyers may face increased competition. New York and Wisconsin had the highest month-over-month price increases — both above 6% — likely indicating that their housing markets are gaining strength.
The full data lists the median selling prices in July 2017 and August 2017 for each state. The actual numbers can give some insight into the amount of inventory compared to demand from home buyers. Median selling prices are currently over $300,000 in many large seller’s markets including District of Columbia, Hawaii, California, Massachusetts, Colorado, Washington and New York. According to the data, District of Columbia had the highest median selling price in August 2017 at $510,099.
I have over 20 years experience working with buyers and sellers.
Need financing? I can help you with that too. I have many lenders who have been busy doing loans in Las Vegas forever and a day.
Section 184 the Native American Indian Program is a wonderful program. Call me about more information I have helped so many buyers, HAPPY buyers. Penny 702.321.9383
Wednesday, August 2nd, 2017
What does the American dream of owning a home mean to you? Here in Vegas, the Sin City Capital of the World. The fun adult playground. The city with so much to offer. The City who has fantastic sunshine throughout the year.
Many first-time home buyers are afraid to purchase. The truth is in most cases it’s better to buy then rent, and in most cases it’s cheaper. Plus, you don’t have a landlord and others to deal with, IT’S YOURS!!!
A majority of my clients are first timers. I call them my Real estate virgins. I absolutely love working with them. If you are interested in buying a place, please give me a call and I can help you understand the ins and outs of buying. I will become your Realtor for life.
Make it a great day! Penny O’Brien 702.321.9383
Monday, June 5th, 2017
Have you heard about this new and innovative program. And one of the best things about it is it’s free. No cost to you. The only thing you’ll need if you find necessary is a helmet, they are not supplied.
The Cadence Bike Share Program provides bicycles for residents and guests to ride around the beautiful community of Cadence.
Just sign up at:
Get your access code and get started riding
Take I-215 until it turns into Lake Mead Parkway. Pass through #. Warm Springs Rd. The Home Finding Center is on the left at the intersection of Sunset Rd and Lake Mead Parkway.
It’s really a neat program. If you’ve ever been by gogole in California at their headquarters, you will see bikes all around so that people can get from building to building faster and in a more fun matter.
You can ride from one community to the other and you do not have to be a resident or home owner to use the bikes.
I hope your found this information of value to you. If you or any one you know is looking to buy or sell a home here in Las Vegas or Henderson please keep me in mind. I’ve been helping buyers and sellers for over 19 years full-time. I have very happy clients. Take care and enjoy your life, Penny @ 702.321.9383 or GOWITHPENNY@yahoo.com
Sunday, January 22nd, 2017
So, Hi there everybody.
this is a very quick post about Nevada’s down payment assistance programs. There are a couple of ones that rock. I am not sure how long they are going to be in place so if I were you and you’re thinking about purchasing a home, give me a call, text or send an email. I have a buyer currently who is receiving 5% down on her purchase of a townhome purchase price $180,000. She is having to come in with just under $2000 TOTAL to purchase her place. There are other program that may not be familiar to you for instance the HUD 184 Loan Program.
Call me and let’s get moving, Penny O’Brien 702.321.9383
Saturday, April 30th, 2016
Hi folks and happy Saturday,
We’ve got a rainy Saturday going on today. It actually rained all night long. It was great. I am now sitting at Starbucks people watching while trying to blog. It’s fun to people watch. Like my grandma always said “it takes all kinds to make the world go around”. I am trying to concentrate but I hear so many different conversations going on. Even the music that plays here at Starbucks is distracting me. I am totally going off track here. Focus Penny, Focus. Trying to ignore the snoring guy. So sorry, FOCUS, PENNY
Back to the Home at Last program. Let’s talk about who qualifies:
First-time homebuyers (buyers who have not owned a home in the past 3 years): or Qualifying Veterans who will live in the home as their primary residence.
Households meeting normal FHA, VA, Conventional or USDA RD underwriting requirement.
Homebuyers who meet generous income and purchase price requirements. The limits vary depending on county and household size. Please visit www.NvRALorg/MTC to review current income and purchase price limits.
Veteran And Military MTC benefit:
In appreciation for their service to our country, Nevada Rural Housing Authority has eliminated the MTC fee for all first-time homebuyers serving on active duty, National Guard service personnel, and Veterans who have been discharged. This FREE gift is a must-have for our Nevada Heroes!!!
Enjoy your day everyone!!! I greatly appreciate your time you’ve spent keeping up with my blog. Until next time: call me, Penny @ 702.321.9383
Wednesday, January 27th, 2016
I highly encourage you to give me a call if you are considering trying to sell your place yourself..
Here is why:
My high amount of contacts with buyers/sellers/other agents and the marketing on the Internet is outrageous. I have been helping people buy and sell in the Las Vegas, Summerlin, Henderson, SW, NW and North Las Vegas for over 15 years full-time and I know the market, I know how buyers and sellers work. This is my business, I am in the business of buying and selling homes. I am not a banker, so I don’t do loans, I am not a Doctor, so, I do not do surgery. I am a REALTOR, I help in selling and buying homes for my wonderful clients.
Do you enjoy working with Legal documents? Do you really want to be responsible for the documentation that is required by the state of NV for selling a home in Nevada? It’s a lot of work. NO JOKE.
The paperwork involved in selling and buying a home has increased dramatically as the Las Vegas Real Estate industry disclosures and regulations have become mandatory. There are so many new forms and disclosures becoming part of the transaction, it is very important to know exactly what is required.
It’s not the case that you will save money selling your own property. And, really, who will benefit the most if you are the seller trying to sell your own place? Believe it or not, it will more than likely be the buyer. Honestly, selling your own home sometimes doesn’t make sense.
Tuesday, January 28th, 2014
For release Jan. 8, 2014
GLVAR reports home prices rose in December, up 24 percent in 2013
LAS VEGAS – Southern Nevada home prices ended 2013 on an upswing, with the median price of existing homes up 24 percent from the same time the year before, according to statistics released today by the Greater Las Vegas Association of REALTORS® (GLVAR).
GLVAR reported that the median price of an existing single-family home sold in Southern Nevada during December 2013 was $185,000, up 1.1 percent from $183,000 in November and up 24.2 percent from December 2012, when the median price was $149,000. Meanwhile, the median price of existing condominiums and townhomes sold in December was $96,000, down 3.0 percent from $99,000 in November, but up 26.3 percent from $76,000 one year ago.
GLVAR President Heidi Kasama, a longtime local REALTOR® who succeeded 2013 President Dave Tina starting Jan. 1, said local home prices have been increasing for the past two years, though they have stabilized in recent months. She noted that GLVAR tracked a similar year-over-year increase in local home prices during 2012, when the median price of existing homes sold in Southern Nevada also increased by 24 percent from the start to the end of 2012.
“Local homeowners should be happy with the strong appreciation we’ve seen over the past two years,” Kasama said. “We haven’t seen increases like this since the middle part of the last decade. Like most housing experts, I expect to see more stable home prices in 2014.”
Putting these recently rising home prices into perspective, she said existing local home prices bottomed out at a median price of $118,000 in January 2012 before appreciating for a record 19 straight months until September 2013. Local home prices are still well below their June 2006 peak of $315,000.
Kasama said 2013 was also a year of transition from distressed to more traditional sales, where lenders are not controlling the transaction. GLVAR has been tracking fewer foreclosures and short sales – which occur when a lender agrees to sell a home for less than what the borrower owes on the mortgage. In December, 20.7 percent of all existing local home sales were short sales, down from 21 percent in November. Another 8.5 percent of all December sales were bank-owned properties, up from 7 percent in November.
Of the 40,242 existing residential properties sold in Southern Nevada during 2013, GLVAR reported that 62 percent were traditional sales. That’s a big jump from 2012, when only 37 percent of all 44,902 sales that year were traditional.
Kasama said REALTORS® are pushing Congress to extend for at least another year the federal Mortgage Forgiveness Debt Relief Act that expired Dec. 31, 2013. Unless Congress votes to extend this act retroactively to the end of 2013, as some members of Nevada’s congressional delegation are proposing, any amount of money a bank writes off in agreeing to sell a home as part of a short sale starting in 2014 may become taxable when sellers file their income taxes. Without this tax relief, Kasama expects far fewer short sales this year.
GLVAR said the total number of existing local homes, condominiums and townhomes sold in December was 2,915, up from 2,694 in November, but down from 3,624 in December 2012.
Like November, GLVAR reported fewer homes listed for sale in December. The total number of properties listed for sale on GLVAR’s Multiple Listing Service decreased in December, with 13,303 single-family homes listed for sale at the end of the month. That’s down 6.6 percent from 14,240 single-family homes listed for sale at the end of November and down 8.9 percent from one year ago. GLVAR reported a total of 2,903 condos and townhomes listed for sale on its MLS in December, down 19.9 percent from 3,624 listed in November and down 16.5 percent from one year ago.
GLVAR also reported fewer available homes listed for sale without any sort of pending or contingent offer. By the end of December, GLVAR reported 6,587 single-family homes listed without any sort of offer. That’s down 3.6 percent from 6,830 such homes listed in November, but still up 78.6 percent from one year ago. For condos and townhomes, the 1,664 properties listed without offers in December represented a 24.1 percent decrease from 2,192 such properties listed in November, but a 33.0 percent increase from one year ago.
In December, GLVAR reported that 44.4 percent of all existing local homes sold were purchased with cash. That’s up from 43.7 in November but down from a peak of 59.5 percent set in February 2013.
The median price of bank-owned homes sold in December was $159,900, up from $152,500 in November. The median price of homes sold as part of a short sale in December was $165,000, up from $158,500 in November.
These GLVAR statistics include activity through the end of December 2013. GLVAR distributes such statistics each month based on data collected through its MLS, which does not necessarily account for newly constructed homes sold by local builders or for sale by owners. Other highlights include:
- The monthly value of local real estate transactions tracked through the MLS during December increased by 10.7 percent for homes to more than $550 million. For condos and townhomes, the total value of all December sales was more than $71 million, up 1 percent from November. Compared to one year ago, total sales volumes in December were up 1.6 percent for homes and up 3.1 percent for condos and townhomes.
- In December, 69.1 percent of all existing local homes and 63.0 percent of all condos and townhomes sold within 60 days. That compares to November, when 73.5 percent of all existing local homes and 67.2 percent of all condos and townhomes sold within 60 days.
Tuesday, December 3rd, 2013
I proudly salute the men and women of the United States Armed Forces whose personal sacrifices protect our great nation.
“Freedom is never more than one generation away from extinction. We didn’t pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same” – Ronald Reagan
Penny is a full service discount Real Estate Agent , She is proud to offer Veterans and Active Duty members 2% cash back on their next home purchase! Buy any home in Las Vegas using me as your Buyer’s Agent, and Penny will give you 2% of the purchase price at settlement! In addition, you’ll also receive a $100 gift card to your choice of either Home Depot or Lowes Home Improvement. Receive thousands of dollars at settlement just for choosing Penny. It’s her way of saying “Thank You” for all that you do.
If you need to sell your home allowing you to preserve your hard earned equity and savings. Penny is a Full Service Real Estate Agent that will work tirelessly to sell your home at a very fair and affordable commission. Your 100% satisfaction is her mission
CALL me anytime, Penny @ 702.321.9383
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