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Real Estate News

Resale Home Sales Nov. 1-7

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 or on Facebook at www.facebook.com/RJRealEstate

Mortgage rates jump to 10-month high

Mortgage rates continued their miserable rising streak this week. They have gone up half a percentage point since early October.

Board candidate nomination form must comply with rules

Nevada Revised Statute 116.31034 pertains to the election process. Section 16 states that a candidate who has submitted a nomination form may provide to the association a candidate informational statement which must be no longer than a single, typed page and must not contain any defamatory, libelous or profane information.

Trump’s surprising win sends mortgage rates higher

A surprising Donald Trump victory over Hillary Clinton sent interest rates on a dizzying MarioKart ride Tuesday night and into Wednesday. They plunged for a few hours, then roared upward.

Resale Home Sales — Oct 26-Oct 31

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.

THE LATEST
Homeowner says tree needs trimming

In most cases, before a homeowner can sue an association, the homeowner must exhaust all administrative remedies.

REAL ESTATE BRIEFS

Resale home sales continue to rise

Tax professionals can help with sale of inherited house

Your cost basis is the value of the home at the time of your mother’s death or up to six months after that. If the home has gone up a lot in value since 2014, and if it sold for more than your cost basis, you may have some taxable profit. You’ve had expenses of selling, though — some of which can be subtracted. I would strongly advise taking all the figures to a tax professional for help with your 2016 return.

LUXURY HOME SALES

■ 3750 Las Vegas Blvd. South — $5.5 million; 3,922 square feet. Parcel No. 162-20-712-196. Seller: The Villa Robleda Revocable Living Trust dated Jan. 9, 2011. Buyer: Utopian Flat LLC.

Resale Home Sales Oct 20-Oct-25

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.

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