Norma Perdue, REALTOR
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ARE YOU THINKING ABOUT BUYING A NEW BUILD HOME? BUYING NEW CONSTRUCTION 3 THINGS YOU SHOULD KNOW
Buying a home doesn’t have to be hard. Let’s start looking! But first……consider the pros and cons of different types of homes, given your lifestyle and budget.
For example:
A condominium or townhome may be more affordable than a single-family home, but shared walls with neighbors translate into less privacy.
Need help getting started? It would be my absolute pleasure to assist you.
If you’ve been in the market for a new home this past year, or even two years, then you probably know that housing prices continue to hit record highs.
While trying to predict the future of the housing market is a little like trying to forecast the weather months in advance, here are a few top predictions based on the current landscape:
↗️ Prices are positioned to continue climbing for the first few months of the year, keeping us in a seller’s market, but are expected to then taper off into more normal levels.
➡️ Demand will also continue to be strong, unless inflation outpaces wages, which will then dissuade buyers.
↘️ Inventory will continue to struggle due to rising costs of building materials for new home construction.
Although housing prices continue to climb, rental prices are climbing as well, so it’s still a good time to buy if you can afford to. The best strategy to follow is to continue saving and be sure that you can afford the house you buy, while also ensuring you have enough in your rainy day fund to support you if any unforeseeable factors arise.
If you’ve looked at homes recently or know someone who has, you’ve likely heard how fast homes are selling. In some areas, it’s not unusual for a home to sell within hours of being listed. But is that the case everywhere and will it continue?
Why are Homes Selling so Fast?
The pandemic showed most people that life is too short and most things can be done remotely, which means you could live anywhere you want. Once the official lockdown lifted, it was “game on” with millions of people moving to new areas.
🔸 With fewer homes for sale than buyers needed, the competition heated up and homes sold faster than anyone ever thought possible.
🔸 Another factor to consider is mortgage rates. Today they are the lowest we’ve seen in decades. That can’t continue forever, but experts say it will be at least for another year or two.
When rates go back up, it will push more buyers out of the market, which will bring home prices down again with the lower demand. The demand won’t go away, but it may lessen slightly.
It may seem harder to buy a home today, but with the right help, it can happen! If you’re thinking about moving, contact me today and let me show you how I can help you find the best home at the right price.
If you have ever thought about selling your home, this may be the time. Call me to find out your homes incredible value!
https://www.google.com/amp/s/www.reviewjournal.com/business/housing/home-prices-rose-in-nearly-every-zip-code-last-year-2318618/amp/
Home prices rose in nearly every ZIP code last year The biggest jump in Las Vegas housing prices, 20 percent, was in the area around Sahara Avenue and Jones Boulevard, data shows.
Do I need to do a final walk-through?
The primary purpose of a final walkthrough is to make certain that the property is in the condition in which you agreed to buy it, including whether agreed-on repairs, if any, were made, and that nothing has gone wrong with the home since you last looked at it.
What to Check During a Final Walkthrough:
🗝 Turn on and off every light fixture
🗝 Test all appliances
🗝 Check garage door openers
🗝 Flush toilets
🗝 Run the garbage disposal and exhaust fans
🗝 Test the heating and air conditioning
🗝 Make sure all debris is removed from the home
If the lack of a down payment and closing costs is stopping you from being a homeowner. Don’t let that be a problem, call me for the solution 📲 702.234.8264
Even on a budget, you can create a home that looks straight out of a luxury magazine. For example, you can add an extra flair of style to your home by giving the illusion of higher ceilings.
✔️You might consider raising window panels to create an illusion of height and give it a grander feel.
✔️Window treatment is often underrated and sellers commonly overlook the impact it has on a space.
Trends come and go, so regardless of what’s hot right now, the choice between light and dark kitchen cabinets really comes down to personal preferences.
Consider this:
🔸Light cabinets tend to give the space an airy, clean feel
◾️ dark tones can give the kitchen an edgier and more dramatic look
🔸 Light cabinets work much better than darker ones in smaller kitchens
◾️ With dark cabinets, other colors used as accents will pop a lot more
🔸 Lighter kitchens tend to be perceived as more timeless
Would you rather have Light or dark cabinets in your kitchen?
@ Las Vegas, Nevada
No one wants to miss out on their dream home. Even if your home purchase is a year away, you can jump-start the process. Remember, The best preparation for tomorrow is doing your best today
Vegas weather under 70° and I bundle up
Always working — REALTOR®
Tough Job!!
Looking for a home with breathtaking views? If you are, then let me introduce you to Summerlin.
📸
Is it worth it to fix up a house before selling? This is one of those questions where the answer depends on variables.
🔸 What’s the condition of competing homes for sale?
🔸 Is it a hot, cold, or neutral real estate market?
🔸 What’s the likelihood of a return on your investment?
Many sellers put way too much money into fixing up their homes before listing them for sale. They repair flaws that a buyer might never notice or just won’t pay extra for.
Talk to me before making any repairs to weigh the pros and cons of your particular home and your personal situation.
A little green brings the outdoors in.
@ Las Vegas, Nevada
In my previous homebuyer tips, I touched on the importance of getting pre-approved for a home loan. Let’s continue with step #3:
🗝 Don’t Try to Time the Market
Don’t obsess with trying to time the market and figure out when is the best time to buy. Trying to anticipate the housing market is impossible. The best time to buy is when you find your perfect house and you can afford it. Real estate is cyclical, it goes up and it goes down and it goes back up again. So, if you try to wait for the perfect time, you’re probably going to miss out.
A little modern farmhouse-rustic decor anyone? You don't need to live in the country anymore to enjoy that cozy and casual lifestyle.
@ Las Vegas, Nevada
Are you ready for pool weather? My client will soon be.
Only you can make it happen. If this light, airy and bright home Is calling you, then you need to call me.
@ Las Vegas, Nevada
If subtle bling is your thing, then this home is for you. From the lighting to the accent wall, that subtle bling and glamour makes a big statement.
There’s something about being able to soak in a bathtub that’s downright therapeutic. You can just sit and relax in a tub in a way that’s not possible when you take a shower. Being submerged in water can actually relieve stress and soothe aching muscles. And when you add bubble bath – well, that’s another level of relaxation.
With that said, which bathtub would you pick to have in your home?
@ Las Vegas, Nevada
Entertainers Paradise
https://looksee.it/Ny1m7
2700 Las Vegas Blvd #4203 Las Vegas, NV 89109 | MLS 2258715 Home for sale at 2700 Las Vegas Blvd #4203 Las Vegas, NV 89109, with MLS 2258715.
The type of home you put on display♡︎♡︎♡︎
If you can envision yourself living in this gorgeous home located in Summerlin, give me a call.
Having the flexibility to work from home is always a plus. Can you see yourself working out of this space?
Helping you say hello to the home of your dreams.
®
What if my offer is rejected? Sellers can flat-out accept or reject an initial offer. The good news is sellers can also initiate a counteroffer.
Remember this:
☑️ A deal isn’t dead until it’s dead.
So, if a counteroffer is proposed by the seller, you’re still in the game.
☑️ You and your agent ( Me ) just need to review it to determine whether the counteroffer is acceptable.
If so, then approving it closes the deal immediately.
Keep in mind, offers and counteroffers can go back-and-forth many times; this is not unusual and negotiations are a part of what Realtors do. Each revision should bring both parties closer together on the terms of the deal.
A house is made of walls and beams…. A Home is made of love and dreams! Remember….It’s not how big the house, it’s how happy the home!
@ Summerlin, Las Vegas
Welcome 53! Happy Birthday to Me!
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