Category: Las Vegas High Rise Condos

Its been said that spring and early summer are the best times to sell your house. Competition among buyers can be fierce during these warm months and for whatever reason, the data has consistently shown that homes sell for more in spring and early summer. Maybe theres something psychological to warm weather that entices buyers or maybe it has something to do with the fact that families want to settle in before the school year starts in the fall.Either way, its not always possible to choose when to put your home on the market. But while spring might be the busiest time of the year for real estate transactions, homes get bought and sold every season of the year. Here are some tips for selling your home in the off-season.

via Home-Selling Secrets for Real Estates Off-Season | AOL Real Estate.

As affluent buyers around the world search for safe-haven investments, prices in several property markets continue to rise.Edward de Mallet Morgan, Associate Partner at Knight Frank, talks to Elite Traveler about the trends in the global luxury real estate market and tells us where his clients are looking to invest.With a growing number of affluent individuals around the world, several real estate markets around the globe are seeing a rise in the demand, and prices of, luxury residential properties.

via Global Buyer Trends: The ‘Safe-Haven’ Investments Driving Luxury Real Estate | Elite Traveler.

Homebuilder Robb Beville is a rare breed in Las Vegas: He works for a local company.The valley’s home construction market is dominated by out-of-state, publicly traded builders that are worth billions of dollars, employ thousands of people and sell tens of thousands of homes nationwide each year. They include Miami’s Lennar Corp., Texas’ D.R. Horton and Los Angeles’ KB Home.Beville, president of Las Vegas-based Harmony Homes, has 55 employees and sells about 400 homes a year.Harmony is one of a few local, privately held builders with sizable market share. Las Vegas used to have more of them, but they got wiped out by the recession.

via Competing with the big boys: How a local homebuilder beat the recession – VEGAS INC.

To some degree, every home is the owner’s castle, but these homes take it a step further. With stone walls, turrets and even a guard shack, these residences would fit into medieval Europe, or perhaps a Harry Potter novel.In the ivy-covered league1 Castle Rd, Piermont, NYFor sale: $5.5 million

via These Homes Could Be Your Castle | Zillow Blog.

When youre writing out the holiday shopping list, maybe its time to put your name on it and a home as the gift. If youve been considering buying a home, here are a few reasons why shopping for one during the holiday season can benefit you.Yes, it may involve you really prioritizing your time; the holiday season is a busy time. But if you can make time to house-hunt and you have already been pre-approved so you know how much home you can afford, then this could be a very good experience. And it may lead you to a new home in time for Christmas!Like many businesses, the holiday season can cause things to slow way down. Thats often the case for real estate. However, that doesnt mean you wont find eager sellers hoping youll make an offer on their homes. Even though there are parties, kids social activities and end-of-the-year work commitments, real estate sellers are still ready to let you step inside their homes to see if youll find one is a good fit.

via Benefits Of House-Hunting During The Holiday Season.

What are the best real estate investing strategies for 2014?For those trying to close real estate deals during the holiday season, 2014 can seem a long way off. A lot needs to be done between now and the New Year. However, experienced real estate investing pros not only understand the importance of maintaining an advantage, but get that winning in 2014 involves keeping up with the trends. Neglecting to realize the best real estate investing strategies for the end of the year and into 2014 can be devastating to any business.Many investors, particularly those that are new to the industry, find themselves wondering what will help them prevail in the next year. With so many options and changing market conditions, it is easy to get confused. Is wholesaling, rehabbing, or something else the best real estate investing strategy for 2014?

via Best Real Estate Investing Strategies for 2014.

5 real estate game changers evolving now:1. Huge BetsTrophy properties are back in and huge bets are being made by spec builders looking to serve those chasing them. Florida builders are selling spec homes for tens of millions of dollars, a 1 bedroom property just sold for over $20 million in California and two thirty something year old developers are currently building a $322 million spec home in London.2. Private Lending Becomes MainstreamBetween higher taxes, poor returns elsewhere, a need for solid income investments and surging confidence in the housing market private mortgage lending is becoming mainstream. It will no longer be a mission to sell the idea to affluent investors but getting an opportunity in front of them which will serve their needs and egos.

via The New Real Estate Game Changers | FortuneBuilders.

According to Redfin, as the holiday season nears, the housing market is showing signs of stability and even resilience through the seasonal slowdown. Redfin has more:The 19-market median sales price is up 15.3 percent year-over-year at $327,302, Redfin said.Month-over-month prices ticked down slightly with a 0.9 percent decrease. Home sales were up 0.6 percent over last year’s very strong October with 74,363 homes sold this month. Inventory continues to be the low point in the housing market, down 10.4 percent over last year, and down 5.5 percent from last month. As we said last week, shifting market conditions, such as reduced competition and falling mortgage rates, likely sustained demand in October.

via Housing market remains resilient during seasonal slowdown | 2013-11-14 | HousingWire.

The real estate market will continue its road to recovery in 2014, with home prices rising 6 percent and mortgage rates hitting 5.4 percent. In addition, demand is predicted to plateau, all according to Lawrence Yun, chief economist and senior vice president of Research for the National Association of REALTORS®, who presented his 2014 market forecast during last week’s REALTORS® Conference and Expo.Other factors aim to set the market back on the right path. Although there could be a possible negative impact due to rising mortgage rates, job creation and loosening underwriting standards should balance out 2014’s sales volume.“There were two million jobs created in the past few months and we’ll see the same next year,” says Yun. “These people could potentially enter the market.”

via Recovery to Continue in 2014, Says NAR; Rates and Home Prices Predicted to Rise.

For quite a number of years, these Las Vegas residents lived in a hotel right off the Strip. So when it came time to build their own home, they had a different point of view than most homeowners.Forget a traditional three-bedroom, two-bath home. These homeowners wanted their custom residence to look like a resort.ZillowThe pool holds center court in this Las Vegas resort-style home.\”If for any reason it looked like a house, [the owner said] he was doing something wrong,\” explained listing agent Paula Burlison of Coldwell Banker Premier Realty.That means the home has no hallways — he didn’t want it to look like a \”mousetrap,\” Burlison says.Rather, the house is designed like a wheel, with eight rooms jutting out like spokes from the main room. An enormous pool with a 20-foot stone water feature holds center court in the home. Above, a 15-foot skylight is framed by a blue tile mosaic.

via Listing of the Week: Resort-style living in Vegas home – NBC News.com.