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Stacy Sheeley

Las Vegas Market Report – September 2023

Median Home Price $450,000 -3.2% from July 2022 Homes Sold 2,041 -1.2% from July 2022 Homes Without Offers 3,524 -51.9% from July 2022 Homes Sold Within 30 Days 68.7% -14.9% from July 2022 A report released by Las Vegas REALTORS® (LVR) shows local home prices bouncing around, higher than the previous month, but lower than last year. These statistics reflect a persistently tight housing supply, along with recently rising mortgage interest rates. Even with mortgage interest rates being higher than they were a year or two ago and leading to fewer homes being sold, the local housing market seems pretty

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Stacy Sheeley

Why Dogs Love Summerlin

Every dog must have his day! Dogs are a quintessential part of our lives, and I cannot imagine mine without my fur baby Barkley.  So, what are you waiting for?  Why not make Summerlin your home?  You and your dog will LOVE it.   “If you don’t own a dog, at least one, there’s not necessarily anything wrong with you, but there may be something wrong with your life.”  -Roger Caras   The Trail System Summerlin is known for its expansive outdoor recreational amenities, including the 200-mile Summerlin Trail System and dozens of parks.  The trail system wanders through Summerlin

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Stacy Sheeley

What happened in the Las Vegas real estate market in February 2023?

The local Las Vegas housing market is much more balanced now than it has been in recent years.  Instead of sellers having full advantage, buyers are now in a better position, since prices have stabilized and we have more homes on the market. We’ve seen two straight months of stable home prices.  It was encouraging to see sales increase from January to February, while new listings continue to decline. Even with mortgage interest rates reaching 7% recently, this shows a strong underlying interest in owning a home here in Las Vegas. Median Home Price $424,995 -5.6% from February 2022 Homes Sold

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Stacy Sheeley

Affordable Loan Programs & Down Payment Assistance

Its no surprise that mortgage lenders are getting creative with financing in order to help bring some affordable loan programs to the table.  Various lenders and government backed loan programs are offering help with down payments and closing cost.  We are here to help you navigate getting the right loan for you.  Here are some the new programs and current rates to help you attain your homeownership dreams! NADA: NADA is a FHA loan program with 100% down.  Usually FHA financing requires 3.5% down payment but this program has a little bit higher interest rate but does give you the

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Stacy Sheeley

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

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Stacy Sheeley

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

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Stacy Sheeley

2023 Goal: Buying a home?

Set your goals: Whether you’re starting to look or just toying with the idea of buying next year, you’ll need to prepare before getting serious. Tackle these 10 steps now so you’re ready when the time comes. For the first time in years, home buyers are shopping with more time and bargaining power, and even price cuts in some areas — meaning you may be facing less competition on that home you’ve been eyeing. If that’s inspiring you to make your home buying goal a reality, it’s time to get prepared.  Having your finances in order and a robust home buying team

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Stacy Sheeley

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 

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Stacy Sheeley

Stark White Everything Is Out: New Kitchen Trends

The hottest trends and top design features that Buyers are looking for most. Cabinets go dark The color white is no longer a staple.  Moody hues like matte black, navy, forest and olive green dominate.  They give space for the homeowner to express their unique taste.  Warm, earthy tones of the 70s are back in style.  Behr Color Trends 2022 Invite nature in with natural woods Wood tones are coming back, however, the natural wood and not your Grandma’s honey oak cabinets.  Designers are sticking with softer hues and white oak in particular.  White oak pairs well with other organic

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Stacy Sheeley

Why I Love Summerlin

And You Will Too! I often refer to Summerlin as a biosphere – you have everything you need and never need to leave.  I’ve called Summerlin my home since 2002 and I’ve seen it grow into one of the best places in the U.S. to live.  I enjoy everything Summerlin has to offer – the amenities, restaurants, events and shopping.  In my free time, I can be found playing tennis, at a Summerlin park with my rescue dog Barclay, taking in an outdoor concert, rooting for the Aviators or dining with friends in Downtown Summerlin. Some Reasons For You To

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