Showing posts with label Las Vegas. Show all posts
Showing posts with label Las Vegas. Show all posts

Tuesday, November 5, 2013

11 Ways to Create a Welcoming Front Entrance for Under $100

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Copyright 2013 NATIONAL ASSOCIATION OF REALTORS®

Sunday, November 3, 2013

What’s the No. 1 Thing People Want in Their Bathroom?

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Copyright 2013 NATIONAL ASSOCIATION OF REALTORS®

Sunday, August 11, 2013

Experts Predict Annual Home Value Appreciation to Exceed 6 Percent in 2013

More than 100 real estate and economic experts predict home values will end 2013 up 6.7 percent from the end of 2012, as the housing market recovery continues to widen and accelerate, according to the latest Zillow Home Price Expectations Survey. A majority of the panel also said that while rising mortgage rates don’t pose a threat if they stay within the 4 to 5 percent range, they could derail the recovery if they reach 6 percent or higher.

The survey of 106 economists, real estate experts and investment and market strategists was sponsored by leading real estate information marketplace Zillow, Inc. and is conducted quarterly by Pulsenomics LLC. Panelists said they expected median U.S. home values to rise to $167,490 by the end of this year, up from $156,900 at the end of 2012 and $161,100 currently. Based on current expectations for home value appreciation over the next five years, the panelists on average predicted that U.S. home values could approach new record highs by the end of 2017, coming very close to the previous peak level of $194,600 set in May 2007.

The expectations for a 6.7 percent year-over-year increase in home values was up significantly from expectations of a 5.4 percent bump predicted the last time the survey was conducted.

Panelists expect annual home value appreciation rates this year to end on a strong note, before slowing considerably from 2014 through 2017. Panelists said they expected appreciation rates to slow to roughly 4.4 percent in 2014, on average, unchanged from the previous survey. This rate is expected to slow further to 3.6 percent, 3.5 percent and 3.4 percent in 2015, 2016 and 2017, respectively. Cumulatively, survey respondents predicted home values to rise 23.7 percent through 2017, on average, up from 22.3 percent in the last survey.

“Short-term expectations for home value appreciation through the end of this year are consistent with a nationwide housing market recovery that is both strengthening and widening, but still coping with high levels of negative equity, high demand and low inventory. Combined, these factors will continue putting upward pressure on home values for the next few months,” said Zillow Senior Economist Dr. Svenja Gudell. “But the days are numbered for these kinds of market dynamics, as investors begin to pull out of some markets, mortgage interest rates rise and more inventory becomes available. Over the next few years, these trends will help the market stabilize and will bring home value appreciation more in line with historic norms. As long as mortgage interest rates don’t rise too far and too fast, most markets should be able to absorb these changing dynamics while still remaining healthy.”

Panelists were also asked if recent increases in mortgage rates presented a significant threat to the ongoing housing market recovery. Among those expressing an opinion, 88 percent said no. Those panelists who responded “no” or “not sure” were then asked what minimum mortgage interest rate (on a 30-year, fixed-rate mortgage) would pose a significant threat to the housing recovery. Among these respondents, 61 percent said interest rates would have to rise to at least 6 percent to create a significant threat.

For full survey results and graphics, please visit Zillow Real Estate Research or www.pulsenomics.com.

Saturday, August 10, 2013

Las Vegas Golf Lifestyle has it All

Skyline from the Links
When it comes to Las Vegas, some folks think golf before gambling. Surprised? Well, it's true. Year-round sunshine and some outstanding courses make Las Vegas one of the top U.S. golfing destinations. Not surprisingly, you'll find many Las Vegas golf communities when looking for homes here. Any way you slice it, life on the fairway lets residents of these neighborhoods enjoy a premiere country club lifestyle.

From Golf to Strip in Minutes
If you like your Las Vegas golf living practically on the Strip, then nothing beats Las Vegas Country Club. Only two blocks from Center Strip, choose from private homes, condos, and a high-rise tower here at the original golf and country club community in town. Trivia buffs may recall how it was featured in the movie "Casino."  For another classic take on the golf-to-Strip style of living try Spanish Trail, the granddaddy of modern master-planned Vegas golf course communities offers ountry club surroundings practically minutes from Center Strip. Choose from detached homes and townhomes, moderately priced to mansions.  A little further down, within easy access to the southern end of the Strip, family friendly Southern Highlands offers custom and semi-custom homes around a members only golf course—one of only four courses in the world designed by both Robert Trent Jones, Sr. and Robert Trent Jones, Jr.

Security
While most LV golf course communities offer security features, Canyon Gate puts a premium on it, with most neighborhoods featuring gated 24/7 security. This smaller enclave contains moderately priced homes all the way up to the millions.  And with all custom homes priced in the millions and designed to complement their desert environs, The Ridges has received Forbes magazine recognition as the third most exclusive gated community in the country. Need we say more??

Red Rock in Your Backyard Means Stunning Views
For a unique choice of luxury homes, luxury condos and high rise condos, Queensridge provides them all with European architectural elegance amidst the stunning natural backdrop of Red Rock Canyon and the Spring Mountain range.  And for a Las Vegas golf community the kids will especially like: Red Rock Country Club includes two Arnold Palmer-designed golf courses, a clubhouse, sports center and…its own private water park!  Even grown-ups may have a tough choice between golf and water play here.

Protected Wildlife
For the environmentally conscious, TPC Summerlin is a member of the Audubon Cooperative Sanctuary program. This Las Vegas golf community provides the perfect protective haven for native wildlife and habitats, as well as residents here.

Age Restricted
Los Prados offers residents a community center, restaurant and 18-hole golf course, as well as some of the most affordable golf course community homes in town. Approximately half the neighborhoods here are age restricted with adult only swimming pools and other amenities. Located just 12 miles from center Strip, this guard gated community has it all for the active retiree.  More age restricted options exist at Siena in Summerlin, or one of the Sun City neighborhoods with locations at Anthem, Aliante and Summerlin.

On the Lake
The truly unique Lake Las Vegas features:  custom homes, courtyard villas, waterfront and golf villas, resort condominiums, luxury executive homes and courtyard town homes, two luxury hotels, a casino and the picturesque European-style lakeside Monte Lago Village with its exclusive shops, dining and entertainment. Also check out the adjacent Las Vegas golf community of Tuscany.

Friday, July 12, 2013

Listing of the Week: Howard Hughes' Tahoe retreat

Nevada is full of some really interesting pieces of real estate.  This one is certainly at the top of the lists.  Another interesting fact or person people often forget is Howard Hughes. He had a major impact on the development of the northwest section of Las Vegas more commonly known as Summerlin.  Trivia time: Where did the name Summerlin come from? 

Give up?  Howard Hughes mothers name.....