Las Vegas Real Estate Blog

According to the National Association of Realtors, 72 metropolitan regions saw double-digit year-over-year increases in existing single-family home prices in the fourth quarter of 2005. Only six metropolitan areas saw prices drop.

If your home has been on the market for a while and you are getting nervous about sellling, you may want to consider:

Listing with an online discount broker. They charge smaller commissions yet claim to attract more buyers than sellers.

Consider a price reduction if you priced your home higher based on the strength of the 2005 market.

Add a few buyer perks, i.e. offer to pay one month’s mortgage or the home’s heating bills.

Give your house a cosmetic face lift by sprucing up the yard, changing the dated faucets and showerheads, or painting your interior walls.

Anyone have any other suggestions?

For more information, contact MillionSaverHomes.com a local Las Vegas real estate broker at 702.212.3513.

Popularity: 12%

The Bush administration is not giving up on its proposal to build a  nuclear waste dump in the Nevada desert.  The government’s plan to build an underground waste dump in the Nevada desert about 90 miles (150 km) northwest of Las Vegas has been in the works for more than 10 years.
While political wrangling continues, nuclear waste is piling up with more than 50,000 tons stored in over 100 temporary locations in 39 states.

Sen. Harry Reid doesn’t believe that project will ever come to fruition because it is fraught with scientific, safety and technical problems.   The question is will the project move to the next step of licensing or will opposition continue to hold it in limbo.

And, what about the waste that continues to pile up.  Any ideas what we should do with that?

 For more information, contact MillionSaverHomes.com a local Las Vegas real estate broker at 702.212.3513.

Popularity: 12%

U.S. homeownership rates appear to have leveled off after nearly a decade of growth.  Data released by the U.S. Census Bureau placed homeownership at 69% in the fourth quarter of 2005.  This was slightly down from the 69.2% noted a year earlier.

You may consider the rate of decline to be rather insignificant,  but it is the third quarter in a row that the rate has not posted a year-over-year gain.  Has homeownership rates finally plateaued?

For more information, contact MillionSaverHomes.com a local Las Vegas real estate broker at 702.212.3513.

Popularity: 4%