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New Homes

What is a jumbo mortgage and how do you qualify?

A jumbo mortgage is a home loan for an amount that exceeds conforming loan limits established by regulation. The limit is $417,000 in most of the United States but is $625,500 in the highest-cost areas.

THE LATEST
Jumbo loan standards are loosening

Good news for folks who can afford to borrow a half-million or more to buy a house: J.P. Morgan is the latest bank to ease its lending standards for jumbo mortgages.

Missing payments? Here’s how to avoid foreclosure

Most people who sign a mortgage don’t intend to walk away from it. Still, unforeseen circumstances — huge medical bills, lost jobs, divorce or eroding property values — can overwhelm even the best-intentioned borrower. A simple twist of fate can leave you facing a homeowner’s worst nightmare: foreclosure.

Las Vegas builder says homebuyers prefer first-floor suites

Once relegated to the upper floor of multistory homes, new homebuilders have found the demand to move the king”;s castle downstairs has become dominant.

Builders offering elaborate entryways and courtyards

The trend of indoor/outdoor living is spilling onto the front and sides of homes across the Las Vegas Valley. Elaborate entryways and courtyards are being incorporated into homes to meet the lifestyle requirement.

Financial Guidance Center aids new homeowners

Michele Johnson, president and CEO of Las Vegas-based Financial Guidance Center, said though home prices are increasing in the valley, homeownership is one of main draws for people moving to Clark County.

Design trends for 2016 and beyond

A record 117 single-family, multifamily, remodeling and community projects were honored at the 2015 Best in American Living Awards Gala held during the 2016 International Builders’ Show in Las Vegas.

Springing into the homebuying season

As winter gives way to spring, the homebuying market tends to heat up as well.

Many are designed for RVs and workshops

Be it the bitter winds of the winter or the brutal heat of the summer, there’s one thing homebuyers look for to make their commute a little easier. It makes for a warmer skip from the living room to the road; it creates an instant mudroom; and, now, most Las Vegan homeowners can’t imagine life without one.

Buying a new home with an agent

Families considering buying a new home in one of Las Vegas’s many expanding master-planned communities might wonder if it’s important to have a real estate agent help find a model that suits them and help them through the process.

Retirees: No stairs, please

Real estate experts say retirees are driving a heated demand for more Las Vegas single-story homes.

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