As the rates begin approaching pre-pandemic levels, they are still going to remain within a record-low margin. Southern Nevada’s 30-year fixed mortgage rate is currently averaging 5.1 percent. The 15-year fixed mortgage rate is averaging 4.2 percent and the five-year adjustable-rate mortgage (ARM) is averaging 3.5 percent. Compared to 15 to 20 years ago, we were seeing rates as high as 8 percent to 10 percent.
Homes
As the rates begin approaching pre-pandemic levels, they are still going to remain within a record-low margin. Southern Nevada’s 30-year fixed mortgage rate is currently averaging 5.1 percent. The 15-year fixed mortgage rate is averaging 4.2 percent and the five-year adjustable-rate mortgage (ARM) is averaging 3.5 percent. Compared to 15 to 20 years ago, we were seeing rates as high as 8 percent to 10 percent.
I live across the street from people who live in chaos. The police have been there at least 50 times in 10 years. The house hasn’t been painted since it was new 20 years ago, and it looks like the Addams Family lives there.
An innovative Palm Springs estate uniquely designed to sustain an off-the-grid and self-sufficient lifestyle has been listed for $1,795,000.
Las Vegas and Southern Nevada had a record 218 luxury resales in April, led by a $9 million sale, and a high-profile $3 million purchase in Summerlin by the daughter of the late Los Angeles Lakers owner Jerry Buss.
A Model Grand Opening Celebration is slated at Toll Brothers’ Everleigh neighborhood in Cadence on May 21 from 10 a.m. to 6 p.m.
D.R. Horton’s Las Vegas division has announced the opening of the recently completed Galaxy Park inside the award-winning, master-planned community of Valley Vista. Division management, North Las Vegas city officials and distinguished guests marked the opening with a ribbon cutting ceremony May 18.
The Howard Hughes Corp., developer of the Summerlin master-planned community (MPC) and its 400-acre Downtown Summerlin, announces two new leases at 1700 Pavilion, a 10-story, Class-A office building under development at Downtown Summerlin. Clark Hill International Law firm will occupy Suite 500 spanning more than 13,000 square feet; and ER Injury Attorneys will occupy Suite 530 encompassing approximately 7,300 square feet.
A $900 million luxury resort-style condominium project within the private guard-gated MacDonald Highlands is on track to begin site work in early June after the Henderson City Council gave the green light.
If the renter has a current license plate that is lying on the inside window dash, the vehicle would have been properly registered. The association could not fine the renter because the license plate is not on the vehicle.
Led by a $6.5 million cash sale of a penthouse at Turnberry Place on May 5, Las Vegas had its most-ever highrise resales to start the year.
A recent Las Vegas Realtors report shows local home prices continuing to climb while sales are starting to decline.
With 26 schools including public, private and charter facilities, Summerlin offers more educational choices than any other Southern Nevada community, maintaining a focus on education that has been integral to the development of the community since its inception.
More than 50,000 expected to attend first full-scale parade since the pandemic with new additions, return of popular favorites, professional sports teams, record number of giant inflatable balloons and veterans and military groups. The event will be held 9 to 11 a.m on July 4. Escort division commences at 8:30 a.m.
NFT projects are in vogue now because of artists like Liam Pannier. A renowned artist in the contemporary art space, Liam has dominated the industry with the most futuristic 3D visuals. Liam’s artwork has been lauded for its ability to transport and immerse the audience into a world beyond the sky, giving them a taste […]
In a luxury segment with limited inventory, putting an aging million-dollar-plus home on the market doesn’t guarantee there’s a buyer, even with such high demand. Buyers, today, want the latest technology, high-end finishes and more open floor plans.
The art of displaying art is masterfully orchestrated in Graeme Laronge and Alice Chen’s custom estate located in Indigo at The Ridges.
Smart home automation is becoming a desired feature along with other luxury comforts, such as swimming pools, spas and theaters.
Luxury home rentals are surpassing $50,000 a month and that trendline shows no sign of slowing as inventory continues to dwindle and lease rates rise.