2024

Mortgage Rates in Nevada

Nevada offers various mortgage lenders, including banks and online options, making it essential for homeowners to find affordable locations and competitive mortgage rates. Las Vegas, with a median home value of $258,600, has a diverse population and a low property tax rate of 0.72%. Paradise and Henderson also feature higher home values but maintain the same tax rate. Reno, known for outdoor activities,...

You just bought a home? Here’s what you should do before moving in

Before moving into your new home, change all exterior locks and garage codes. Consider a thorough cleaning, set up utility accounts, and update your address with the post office. Ensure all detectors are working and locate important controls. Once settled, establish routines and explore the neighborhood. The FHA's 203(k) program now allows borrowers to include repair costs in their mortgage, with...

Welcome to Las Vegas’ housing crisis in 2024

The Las Vegas Valley is facing a severe housing crisis with a shortage of over 78,000 affordable rental units for low-income renters. Various stakeholders and government officials acknowledge the problem and are taking action. The proximity to California's high purchasing power has inflated real estate prices in Nevada. Efforts to address the crisis include government funds and initiatives, but...

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