A report by Las Vegas REALTORS® shows rising home prices in Southern Nevada, with existing single-family homes and condos selling at higher prices compared to the previous year. The housing market is recovering from a slow 2023 due to low supply and high mortgage rates. Cash transactions and distressed sales remain at low levels. Continue to full article...
Median monthly rent: $1,499 Monthly income needed: $4,997...
Homeowners insurance rates in Nevada have been rising and are expected to stay high in 2024. Increases vary depending on location and home features, with high-risk areas experiencing dramatic increases, some by 1000%....
Home equity loans offer consistent monthly payments, lower interest rates, long repayment timelines, and tax deductions. Downsides include a significant equity requirement and the risk of losing your home. Alternatives include HELOCs, cash-out refinances, personal loans, and reverse mortgages. Fees associated with home equity loans include origination, appraisal, credit report, document, title, and...
Tips for first-time home buyers on getting pre-approved for a mortgage quickly: Talk to a loan officer for guidance, ask for referrals from friends, review your credit report for errors, gather necessary documentation, work with one mortgage professional to find the best option, consider interest rates, fees, and customer service when choosing a lender. Continue to full article...
Nevada holds over $1B in unclaimed property. Common unclaimed properties include: - Unpaid life insurance - Forgotten bank accounts - Unused rebate cards...
During the decade following the Great Recession, housing in Clark County grew by 12.0%, while the population increased by 16.1%, leading to an affordable housing crisis. Despite a surge in construction, housing prices soared, making it difficult for many to afford homes. President Biden proposed programs to address the issue, including tax credits and incentives for first-time homebuyers. Continue...
Reno is a great place to live for those who enjoy sunshine, short commutes, and a friendly community. Henderson is a great place to live for families and young people, with good schools and plenty of outdoor activities....
15. Louisville, KY: ↓ 5.3% yearly 14. Dallas, TX: ↓ 5.6% yearly 13. New Orleans, LA: ↓ 6% yearly 12. Cleveland, OH: ↓ 6.1% yearly 11. Nashville, TN: ↓ 6.5% yearly 10. Sacramento, CA: ↓ 6.6% yearly...
Multifamily dwellings are prevalent in Nevada due to various factors like job growth and lifestyle preferences. Rental prices rose during the pandemic but are now stabilizing. Affordable housing initiatives are on the rise, and Nevada is considered investment-friendly for landlords. Numerous multifamily projects are in the pipeline, catering to both market-rate and affordable housing...
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