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Underwater Mortgages Improve

Underwater Mortgages Improve

Underwater mortgages improve moving into the New Year in Las Vegas as home prices rise, gaining home equity for homeowners. However, more than one-in-four mortgage holders (27.8%) are still upside down or owe more on their homes than their current market value, down from 39.6% a year ago, according to Zillow. The real estate listing […]

30% of Luxury Sales Vacation Homes

30% of Luxury Sales Vacation Homes

Nearly one-in-three luxury home sales in Las Vegas (30%) are vacation homes, according to a recently released survey by Windermere real estate. High rise luxury condominiums, including developments like the Trump Tower and the Palms Hotel near the Strip are dominated by vacation home owners seeking the high life. Their towering developments represent much of […]

Sell House Fast for Top Dollar

Sell House Fast for Top Dollar

Not just anybody can sell a house fast for top dollar. Placing a sign on the property, lockbox, flyers, putting the home in the Multiple Listing Service (MLS) and holding open houses are all common marketing techniques. But in the modern era with the “new economy” there are a lot of other steps that need […]

Las Vegas Foreclosures Drop

Las Vegas Foreclosures Drop

Nevada’s foreclosure inventory of homes has dropped in the last year and currently makes up just 2.3% of homes marketed for sale, according to real estate data firm CoreLogic. The figure represents a 1.1% drop from one year ago through October. Las Vegas led the foreclosure crisis with the number of homes foreclosed in the […]