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There’s a Long Line of Buyers Waiting for Your House

If you’re following what’s happening in the housing market right now, you know that many people believe the winter months aren’t a good time to sell a home. As realtor.com Senior Economist George Ratiu recently noted, “Sellers tend to be more reluctant to list during the colder time of year when the market typically makes a seasonal slowdown.” However,…

10 Steps to Buying a Home This Summer

Some Highlights: If you are thinking of buying a Las Vegas home, you may not know where to start. Here is a simple list of 10 steps that you will go through to purchase a home. Make sure to ask your agent for details about each step and what else may be required in your…

Is Mortgage Debt out of Control?

The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage was higher than the value of their…

Know What to Expect at Your Home Inspection

So you made an offer and it was accepted. Now, your next task is to have the home inspected prior to closing. Agents oftentimes make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or in some cases, to…

Americans Rank Real Estate Best Investment for 6 Years Running!

Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years. Stock owners are more positive about real estate than stocks as an investment. Of the 4 listed, real estate is the only investment you can also live in! Other Post for You…

Before You Look for Your Dream Home: Know What You Want vs. What You Need!

In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search. If you’ve been thinking about buying a home of your own for some time now, you’ve probably come up with a list of things that you’d…
Some Highlights: Buyer demand continues to outpace the supply of homes for sale. This means that buyers are often competing with one another for the few listings that are available. Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Now may be the time for you and your family…

Why Is So Much Paperwork Required to Get a Mortgage?

When buying a home today, why is there so much paperwork mandated by the lenders for a mortgage loan application? It seems like they need to know everything about you. Furthermore, it requires three separate sources to validate each and every entry on the application form. Many buyers are being told by friends and family that the process…

Top 4 Renovations for the Greatest Return on Investment!

Some Highlights: If you are planning on listing your Las Vegas house for sale this year, these four home improvement projects will net you the most Return on Investment (ROI). Minor renovations can go a long way toward improving the quality of your everyday life and/or impressing potential buyers. Whether you plan to stay in your…

Time for Your Dream Home, Gen X!

During the housing market crash, Gen X homeowners lost more wealth than other generations. However, things are changing now! A strong economy, increasing home prices, and the recovery of the housing market are helping this generation to regain their lost wealth. According to Pew Research Center, “Their fortunes have rebounded more than those of other generations during…

Renting or Owning, What Is Better for You?

In a real estate market where home prices are rising, many have begun to reexamine the idea of buying a home, choosing instead, to rent for a while. But often, there is a dilemma: should you keep paying rent, knowing that rent is rising too, or should you lock in your housing cost and buy…
Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac forecasts interest rates to rise to 4.5% by the Q4 2020. CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months. If…

How Homeownership Delivers Unsurpassed Family Wealth

There are many financial benefits to homeownership, but probably none more important than its ability to create family wealth. How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is an online resource for research and information on how homeownership contributes to individual and community success. Their article, The First Rung on the…

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Tom Heuser

Consumer optimism and household formations -2015

Consumer optimism in the United States has hit an 11-year high due to the strong job market, low gas prices, and a healthy housing market. Since the majority of Americans rely on a solid job for earnings and their biggest asset is their home, they are feeling pretty happy right now about how the economy

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Is Las Vegas Still Just a Party Town?

Las Vegas is certainly a unique place to live or visit. This city is full of culture and has its own way of life compared to most other cities. It’s the place for the gaming industry, live performances, nightlife and so much more. So, is Vegas just a party town or actually a place for

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Homes in Summerlin market update

Homes in Summerlin market update – April Many people are constantly asking us what is happening to the price of their home in Summerlin. The great news shown in the charts and figures below will prove that Summerlin home values have seen some great appreciation over the last 12 months. This data will help you

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Tom Heuser

5 REASONS TO SELL YOUR LAS VEGAS HOME NOW – 2015

As the temperature rises, buyers are coming out ready to purchase their dream home. Here are five reasons supporting that. 1. Demand is Strong Foot traffic refers to the number of people out actually physically looking at homes right now. The latest foot traffic numbers show that there are significantly more prospective purchasers currently looking

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Helpful information for home mortgages in 2015

Throughout our conversations daily we realize the misconceptions about how to obtain a mortgage and what is needed in regards to credit score, down payment, income, and savings. In the first quarter of 2015 nearly 83% of new home purchases, across the nation, were completed with a down payment of 3%. Many of these buyers

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The Heuser Team

New Homes Coming to the Housing Market This Year

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will begin to come to market over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Construction Report, the number of building permits issued in January was 1,551,000. This is a

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