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
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