Prices for existing homes sold in Southern Nevada kept rising through May and are now approaching their all-time peak, according to a report by the Greater Las Vegas Association of Realtors.
With all due respect, associations do have value. Starting with the fundamental value, associations provide housing. For many associations, their amenities, such as basketball courts, tennis courts, volley ball courts, exercise facilities, swimming pools and spas, recreational rooms for association and private events, (which may have a rental charge) billiards, etc are included in their regular assessments, saving hundreds of dollars as homeowners can skip joining athletic clubs.
Multiple benchmark mortgage rates were down today. The average rates on 30-year fixed and 15-year fixed mortgages both trended down. On the variable-mortgage side, the average rate on 5/1 adjustable-rate mortgages also trended down.
An estate sale or estate liquidation is a sale or auction to dispose of substantial portion of the materials owned by a person who is recently deceased or who must dispose of his or her personal property to facilitate a move. These sales are used when someone is in need of a way to sell items due to downsizing, moving, divorce, bankruptcy or death. Often the estate sale is required due to a court decision.
Experts in retail commercial real estate don’t deny that change is ushering in and casualties of e-commerce are a reality. But shopping malls, including Las Vegas, could successfully adapt to become successful, according to these same real estate pros.
The Las Vegas Valley’s office market has charged forward on a path toward expansion and recovery with areas such as Summerlin exploding with development and demand as users seek well-located offices in amenity-rich areas.
Editor’s note: Listings include the resale home’s parcel number. The address listed is the homebuyer’s mailing address and not the actual location of the resale home. About 90 percent of these addresses reflect the home purchase. Check the parcel number to make sure. Also, a few transactions do not reflect the market value of the homes. The information is provided by Accudata, a local research firm. For the complete listing, visit RJRealEstate.Vegas.
A new low-income senior housing complex opened at 978 E. Sahara Ave. June 14. City of Las Vegas Ward 3 Councilman Bob Coffin, Pastor Vic Caruso, the staff of City Impact Center and the developer at 978 E. Sahara Ave. attended the groundbreaking ceremony.
I wanted to take some time this week to talk about how to handle neighbor disputes in our communities. Our homeowners associations can no longer ignore these situations. When neighbors are having a dispute with each other, often times community managers will direct them to settle it among themselves or involve a mediator if necessary. However, in some cases, the association may be able to take action.
Leaders of the Greater Las Vegas Association of Realtors joined more than 9,000 of their peers from all over the country in Washington, D.C., last month to promote issues that are important to homeowners and the real estate industry.