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Friday, June 7, 2013

Is it a Good Time to Sell My House?


Now is definitely the time to do so!!

The April 2013 Housing Statistics released by the Greater Las Vegas Association of REALTORS show that existing home prices in Southern Nevada continue to increase and are close to 31 percent higher than last year.  The number one concern that seems to pop up in this industry is whether or not this is just another housing bubble.  Dave Tina, the president of GLVAR, claims that, “median home prices are just over half-way back to the $315,000 peak we hit in 2006, and arguably below where they should be had they never gone up and down so fast.  Secondly, I don’t see many people walking away from the homes they bought during this housing market rebound … Finally, the local job market and overall economy keep improving.  When you add it all up, I still see room for home prices to go up, though probably not at the rate they have this past year.”


One of the bigger issues today is that there is a shortage of homes to sell.  GLVAR reported that compared to recent years, where most of the houses were sold by lenders, more homes are now being sold by “traditional” sellers.  More than half of all local home sales in 2013 so far have been “traditional” sales. 


April 2013
March 2013
April 2012
Median Price of Single-Family Homes
$167,000
$161,000
(+ 3.7%)
$127,900
(+ 30.6%)

With housing prices increasing, there is a decrease in the number of foreclosures and short sales, which occur when lenders agree to sell a home for less than what the borrower owes on the mortgage.


April 2013
March 2013
Short Sales
32.5%
33.3%
Bank-Owned
10%
11.2%
Traditional Sales
57.5%
55.5%


Along with these changes in the Las Vegas Real Estate Market, the Keller Williams Las Vegas Realty team at the 3090 South Durango Drive Suite 100, Las Vegas, Nevada office outperformed the rest of the valley by 42% in the listing business from February to March.  We are the #1 producing real estate office in Las Vegas NV per agent.  We only have about 100 real estate agents working the field in our office.  Other offices that come close to the amount of business we handle have four to five times the number of agents. 


So, what does this mean for you as a seller?  In the past you may have questioned selling your home or even thought that your only option was short selling.  We are here to tell you that it may not be the case.  We will help you list your home, find the right buyer, and sell for the most amount of money fast.



Because we conduct so many real estate transactions, we come in contact with the entire Las Vegas real estate industry every day.  So, not only is our network the biggest in the Las Vegas area, but we have worked over and over again to build an effective strategy to tackle any home selling concerns. 

Working with our team opens doors to many people that you may not have thought would help in selling your home.  Our team is partnered with an accredited lawyer at all times to help negotiate short sales, which is free to you.  When you come to Shay Hasselmann & Associates, you get a package deal instead of just a realtor.  We provide access to a number of buyer clients by holding Open Houses and advertising across the internet on the most used websites.  Because our reach and network expands so broadly we have the ability to find that client that will offer the most amount of money in the shortest amount of time.  Networking is a big key in selling your home successfully!




We will build an aggressive pricing analysis for you that is just right to get the biggest profit from your home sale quickly.  It all starts with an online home evaluation, which we provide complimentary to our home sellers.  


702.706.SHAY