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Las Vegas Real Estate Blog

Las Vegas Real Estate Information for Home Buyers, Home Sellers, and Investors: Real Estate News - Market and Sales Activity - Community Profiles - Agent Profile

Housing Starts Drop to 17-Year Low

Housing starts drop to new 17-year low across the nation. According to CNN privately owned housing starts dropped 3.3% for seasonally adjusted rates. The drops indicate a stagnant period.
Michael Larson, real estate analyst at Weiss Research, said...thinks the largest percentage declines in housing starts are "probably behind us." But he thinks the number of new homes under construction will remain at current levels until builders reduce "their inventory overhang."
The market will likely remain in a valley for several months to come before improved sales begin.

Finding a Renter in the Las Vegas Rental Market

Many home owners are unable to sell their current home yet they are interested in taking advantage of the low prices and foreclosures. They want to know how they can find a quality renter quickly and affordably. First of all, there are many factors involved in renting. It is good to get educated first. There are also fees and maintenance principles to consider. The best option to consider, according to the RJ, is to seek professional help. Find a Las Vegas Realtor who handles rentals. Some teams have staff to handle both buy/sell activities along with rental activities. Find some one who can take care of both. For most people involved in home ownership of one type or another it is difficult to beat the professional help of a qualified Realtor.

Finding a Renter in the Las Vegas Rental Market

Many home owners are unable to sell their current home yet they are interested in taking advantage of the low prices and foreclosures. They want to know how they can find a quality renter quickly and affordably.

First of all, there are many factors involved in renting. It is good to get educated first. There are also fees and maintenance principles to consider. The best option to consider, according to the RJ, is to seek professional help. Find a Las Vegas Realtor who handles rentals. Some teams have staff to handle both buy/sell activities along with rental activities. Find some one who can take care of both. For most people involved in home ownership of one type or another it is difficult to beat the professional help of a qualified Realtor.

The Home Isn't Closed Until It's Closed

Many home buyers feel like they have made it once they sign the closing documents. However, with consistently changing lending programs a loan may not be available by closing time. Las Vegas Realtors should make sure things are in order before celebrating about your new piece of real estate. A good lender is key in getting a deal closed as well. Be sure to stay on your lender like glue until the property actually records.

The Home Isn't Closed Until It's Closed

Many home buyers feel like they have made it once they sign the closing documents. However, with consistently changing lending programs a loan may not be available by closing time. Las Vegas Realtors should make sure things are in order before celebrating about your new piece of real estate.

A good lender is key in getting a deal closed as well. Be sure to stay on your lender like glue until the property actually records.


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