Lately with the real estate market being so hectic with inventory down and interest rates up clients — both buyers and sellers — have asked me what is the difference between a Realtor and someone else who also has a real estate license but they are just a real estate agent.
A home inspection is a crucial step in the process of buying or selling a property. For both real estate agents and homeowners, understanding what to look for in a home inspection is essential to ensure a smooth transaction and make informed decisions.
“Off-market listings” or “quiet listings” are homes that are for sale but aren’t listed on multiple listing services.
The real estate market is experiencing unprecedented dynamics, raising questions about the possibility of returning to normal levels of inventory.
Borrowing on home equity can be advantageous to many homeowners, but following these main tips and conducting your own research will help avoid any pitfalls in the process.
We all know that out here in the desert climate, air conditioning is essential; but, with rising costs of seemingly everything these days, there are other ways homeowners can keep their house cool and comfortable and make sure the AC unit isn’t working overtime.
We all know that out here in the desert climate, air conditioning is essential; but, with rising costs of seemingly everything these days, there are other ways homeowners can keep their house cool and comfortable and make sure the AC unit isn’t working overtime.
The Nevada State Contractors Board also sees a significant number of complaints being filed when work performed by unlicensed contractors leaves homeowners with poor workmanship, incomplete projects or no work performed at all.
Between 2019 and 2022 rents soared anywhere from 25 percent to 40 percent. As rents have somewhat stabilized, it remains a healthy and profitable business venture for property owners.
While there can be many different approaches to managing multifamily property or a real estate portfolio, the best practices employ effective asset management as a way to get the most out of real estate investments.
The first-time buyer share of the market dropped to 26 percent over the past year. Historically, first-time buyers make up 40 percent of the homebuying market.
While many comment on the fact that fewer homes were sold than a year ago, most are failing to state that a year ago, our market was still seeing unprecedented highs north of 26 percent increase in home prices year over year. This is something we have never witnessed in our lifetime and was not sustainable. So, are we experiencing a decline in home sales from one year earlier? Absolutely we are. Is the sky falling? Absolutely not.
The Nevada Housing Coalition estimates the state has a deficit of more than 105,000 affordable units and is short roughly 84,000 units for extremely low-income renters, or those earning 30 percent or less of the area median income.
If you’re concerned about today’s housing market, rest assured. These things are cyclical. Conditions will always change at some point.
