Coldwell Banker Premier Realty

If you’re fresh out of college and settling in at your first or second job, homeownership might be out of sight, out of mind. But there’s a lot you can do in your 20s to better position yourself for buying a home when the time is right. You’ve got plenty of company if you’re not ready to house-hunt just yet. Fifty-seven percent of millennials rent because they view it as more affordable or because they think they won’t qualify for a mortgage, according to a 2014 Fannie Mae surv... read more
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Surviving a Seller's Market

The Cheat Sheet from Realtor.com
Posted by Trisha Ferris on April 28, 2016 in  buying  days on market  home buying  homes  housing  housing bubble  Selling  Selling Your Home

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Scenarios Following a Rate Hike

Leaving the zero-bound makes for lots of questions
Posted by John McClelland on November 23, 2015 in  economy  Federal Reserve  housing  Las Vegas  mortgages  Real Estate Fundamentals  sensitivity of housing demand
With the December Federal Open Market Committee meeting drawing near, it is useful to revisit some of the themes that may play out and offer a little background on the Fed policy rate, mortgage rates, housing price and commercial property value sensitivity to shifting rates. Bloomberg notes that Federal Reserve (The Fed) policy makers inserted language in the October statement that indicated that it might be time to raise the benchmark lending rate in December, reiterating that these increases would be gradual. No... read more
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Las Vegas Monthly Market Update - October 2015

A Look into Las Vegas' Real Estate Market
Posted by Coldwell Banker Premier Realty on October 31, 2015 in  2015  activities  Buying vs renting  home price and mortgage rate  home prices  housing  inventory  las vegas homes  las vegas real estate  new home sales  single family
October 2015 Following a significant increase in single family home prices over the summer, recent price growth is more tempered and flattening.  In our opinion, this pause in price growth is welcome since we do not want to see prices exceed the basic fundamental measures that drive the market long-term.  We typically see closings subside this time of year and 2015 continues this pattern, however, both escrows opened and the number of closed ho... read more
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September 2015 As we enter fall, there are a few things that we typically observe. One is a buildup in inventory which is often the result of slower sales rates. Another market feature that we often observe is an increase in days on market. This market mechanism, which manifests as strong seasonal patterns, often results in more moderate price changes during the fall months, as demand softens and available supply expands. August figures, which are revealed be... read more
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