What Are the 3 Biggest Things Our Clients Get?
The Russell Haver Group
by Russell Haver
1y ago
Here are three major benefits of buying a home with Haver Properties. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale There are three things that our home-buying clients get in this market that most other buyers don’t, and I’m going to go into more detail about each one today: 1. Access to off-market properties. We work with a group of investors who buy lots of properties off market every single month. Through our relationships with them, we have access to homes that other buyers and agents do not know about. With inventory being so ..read more
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How the Vegas Market Is Shifting
The Russell Haver Group
by Russell Haver
2y ago
How changing market conditions will impact buyers and sellers.  We’ve all been feeling the effects of rising prices across the board, and real estate is no exception. The Fed adjusted interest rates this year, causing them to shoot up over two points in the last couple of months. That, in turn, prompted many buyers to pump the breaks on their purchases.  Every time the interest rate goes up by one point, a buyer’s purchasing power drops by 10%. For example, a million-dollar buyer might be forced to look in the $800,000 price range. On the other hand, home prices have gone up, though ..read more
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Is Buying Now Cheaper Than Renting in Vegas?
The Russell Haver Group
by Russell Haver
2y ago
Here’s why it’s a fantastic time to buy a home despite rising inflation. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale Rates are up in Vegas all over the place. Rental rates are up about 30%, inflation rates are at an all-time high, and mortgage interest rates are on the rise. What are you supposed to do about it all? It’s something a lot of people want to know, and today I’m sharing my insight. A recent report from Realtor.com looking at rent changes across the country says Las Vegas has seen a 30% increase in rent. With rent goin ..read more
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Did Buyers and Sellers Miss the Boat?
The Russell Haver Group
by Russell Haver
2y ago
Here’s why it’s still a good time to buy or sell in this market. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale Is it too late to buy or sell a home? There have been a lot of changes in our real estate market recently, so did buyers and sellers miss the boat? Let’s take a look at the market and find out. In April 2022, pending sales decreased by 15% year over year. Despite this, the median home price increased from $460,000 to $475,000. Meanwhile, the median townhome increased from $260,000 to $275,000. What’s going on? In my opinio ..read more
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Do You Need 20% Down To Buy?
The Russell Haver Group
by Russell Haver
2y ago
You don’t need 20% to buy a home, but the more you put down, the better. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale Do you need to put 20% down to buy a home these days? Buyers ask us this all the time, and the answer is no. However, there are three benefits to putting down that much: 1. A lower interest rate. The more money you put down, the better the chance that your lender can get you a lower interest rate. They look at your overall financial profile, including your credit score, debt-to-income ratio, assets, and more. They ..read more
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What’s Happening in Our Real Estate Market?
The Russell Haver Group
by Russell Haver
2y ago
Here’s what you need to know about Las Vegas’s spring market. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale What happened in March in the Las Vegas housing market? Did prices finally crash, or are things just as strong as ever? Let’s take a look at the numbers and find out. In March 2022, closed sales were down in Las Vegas by 12% year over year. Despite this, the median single-family home value still increased from $450,000 to $460,000 year over year. Meanwhile, the median townhome value increased from $260,000 to $270,000. So wha ..read more
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What Is Our Real Estate Market Doing?
The Russell Haver Group
by Russell Haver
2y ago
Here’s what happened in our Las Vegas housing market in February 2022. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale Everyone wants to know what’s going on in the market. Will it continue to be crazy, or are things starting to change? We don’t have a crystal ball, but we can tell you what happened in February. The most interesting statistic is that sales were down 9%, but prices still went up. In previous months, the median single-family home price was $435,000, but now it’s $450,000. That’s almost a 27% year-over-year increase. Th ..read more
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Why Elon Musk Thinks You Should Buy a Home
The Russell Haver Group
by Russell Haver
2y ago
Elon Musk thinks you should buy a home now. Here’s why. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale Recently, billionaire entrepreneur Elon Musk tweeted out to his 78+ million followers that in times of inflation (like we’re experiencing today), it’s better to own something physical like real estate, or stock in companies that provide a product you truly believe in. Financially speaking, the times we live in are crazy. As inflation rises, your money in the bank loses value. Many hedge funds and wealthy institutional investors are ..read more
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Sellers Benefit From Our Guaranteed Cash Offer Program
The Russell Haver Group
by Russell Haver
2y ago
Michael Moran helps me discuss our Guaranteed Cash Offer program. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale What if you could get multiple cash offers for your home from serious buyers within 72 hours? What if you could also choose the price, terms, and closing date? Well, it’s not a pipe dream. Michael Moran, the head of our Guaranteed Cash Offer program is here to help me talk about it. Feel free to watch the full message above, or use these timestamps that will direct you to various points in the video: 0:00 — Introduction t ..read more
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How Inflation is Impacting our Market
The Russell Haver Group
by Russell Haver
2y ago
Here is how inflation and our wild stock market affect real estate. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale There seem to be two concerns on everyone’s minds: Rising inflation and a volatile stock market. What impact will these things have on the real estate market? Let’s talk about it. The first trend we’ve seen lately is that cash offers have become even more aggressive. If a home is prepared and marketed well, buyers are willing to buy as is and over list price. You’ve probably heard the phrase cash is king, so if these bu ..read more
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