Selling Your Home Archives - Page 3 of 7

Redesign Ideas With The Best ROI

If you’re contemplating investing in a redesign or remodel project to prepare to list your home in 2023, these home improvements provide the best return on investment, according to Stacy Sheeley. Today’s homebuyer wants a “move-in ready” home so making updates generally pays back in a quicker sale for more money in your pocket. Each of these elements went into the redesign in this home to prepare it for sale. While its unlikely that you will get a 100% return, on average, approximately 65% is standard. Today’s homebuyer wants a “move-in ready” home. They are searching for a home that

March 19, 2023

2022 Year in Review – Las Vegas Housing Market Update

Year-End Summary We ended 2022 at the same median sales price of $425,000 that we ended with in December of 2021. Besides entering what is usually the slowest time of year for the housing market, rising mortgage interest rates have caused a contraction of sales. At the same time, we know that the housing market is cyclical and that the bottom is not falling out. This would be indicative of the median sale price being close to what it was at pre-pandemic levels. With prices leveling off and more homes available for sale, we’re seeing a more balanced market that makes

January 25, 2023

Design Trends 2023

If you’re thinking of buying a new home or adding some pizzazz to your current space, then look no further than our list of trends to incorporate. From warming color palettes and jewel toned-accents to layers of texture and touch of nostalgia, the new year will be filled with a fresh take. Gray Is Out and Warm Is In 2023 is the rebirth of the warm and cozy colors – warm whites, soothing taupes, and rich earth tones. This is a cleanser to the sterile, white an driftwood look. Instead layers of rich fabrics and finishes to give a cozy

January 18, 2023

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6 Kitchen Cabinet Colors That Will Never Go Out of Style

One of the most time-consuming and costly areas of the home to renovate is the kitchen, which is why it’s important to be thoughtful in your design choices when you decide to make a change. While you may tend to focus on backsplash and countertop materials, the real choice is what color to paint your kitchen cabinets. As a major focal point of the kitchen, your cabinets can make or break the space. Choosing a hue that will never go out of style, rather than opting for what’s on trend, will prevent you from wanting to change your kitchen cabinet paint color

January 8, 2023

Is it still a good time to sell your home?

The short answer is “yes.” Overall, home prices are still up 2% over the same time last year. They are expected to go back to pre-pandemic levels which are still historically high. There is Buyer demand – especially for highly desirable homes and in all price ranges. November Market Report Local home prices are starting to look more like they did a year ago. But we’re certainly in a different place than we were last year, when prices were soaring and setting records. Of course, as we said at the time, those conditions were unsustainable. Las Vegas Realtors reported that

December 31, 2022

What happened in the real estate market in November 2022?

What happened? Local home prices are starting to look more like they did a year ago. But we’re certainly in a different place than we were last year, when prices were soaring and setting records. Of course, as we said at the time, those conditions were not sustainable. Las Vegas Realtors reported that the median price of existing single-family homes sold in Southern Nevada during November was $430,990. That’s down 2% from October, and down from the all-time record price of $482,000 in May. But, the median home price is still up 2.6% from $420,000 one year ago. So what

December 31, 2022

What happened in real estate in October 2022

It’s a great time to be a homebuyer in Las Vegas! With 140% more homes to choose from than the same time last year, the market has become much more balanced. Sales prices are still up over 7% from October of last year. For homeowners who have been on the fence about making a move, now is still a good time to sell and take advantage of increased equity. So what happened in the Las Vegas Real Estate Market in October? Median Home Price $440,000 +7.3% from October 2021 Homes Sold 1,724 -44% from October 2021 Homes Without Offers 7,906

November 20, 2022

What Happened in the Las Vegas Real Estate Market in September?

Despite several months of declining sales and more homes available on the market, the Las Vegas valley’s median home price held steady at $450,000 in September. Sales prices are still up over 10% from the same time last year. For homeowners who have been on the fence about making a move, now is still a great time to sell and take advantage of increased equity. For homebuyers, this more balanced market is making it easier to get into a home you truly love at a price and terms that are more equitable. Median Home Price $450,000 +10.7% from September 2021

October 15, 2022

What Happened in the Real Estate Market in August?

Over the last three months, we have seen the sales prices slowly giving back some of the major gains we experienced over the past few years. Even though home prices have leveled off lately, they’re still up substantially from last year. When you combine that with rising mortgage rates and inflation, its no surprise to see some potential buyers sitting on the sidelines for now. The positive news is that buyers have more homes to choose from now. It has been about three years since we have had this amount of available inventory for sale. Median Home Price $450,000 +11.1%

October 15, 2022

Stacy Sheeley Answers Top Real Estate Questions

Over the past few years, the Las Vegas housing market has seen a lot of changes. Since the pandemic, the pricing of real estate soared with home prices up between 20% to 30% in some areas, due to an increase in demand. But recently things have started to shift and are showing signs of a more balanced housing market, which has led many prospective homebuyers and sellers to question what the future holds. Whether you’re a first-time homebuyer wondering if it’s the right time to jump into the market or contemplating the idea of selling your home, Stacy has taken

October 14, 2022

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