When it comes to investing in a short-term rental (STR) property in Las Vegas, the glittering city of lights may not be as straightforward as it seems. Beyond the iconic Strip and dazzling entertainment, the intricacies of city boundaries and regulations can turn the dream of owning a profitable Airbnb into a complex puzzle. Contrary to popular belief, the entirety of Las Vegas is not just the bustling city that tourists flock to. The city of Las Vegas itself is relatively small, and a significant portion is categorized as unincorporated Clark County. This geographical nuance is crucial for p ..read more

? Let's break down the Las Vegas housing scene in simpler terms, focusing on key trends and numbers. Despite recent economic challenges, the market has shown resilience with a 2% increase in home prices from last year. The median price for a single-family home in the US now stands at approximately $430,000, even in the face of the highest interest rates in 23 years and the lowest home sales in 13 years. Cash is king for one in three homebuyers, marking a decade-high trend. Additionally, 43% of current homeowners have paid off their homes entirely, showcasing a significant ownership milestone ..read more

The holiday season is more than just a time for festive celebrations and gift-giving! It's also a fantastic time to buy or sell property in the Entertainment Capital of the World. You may be thinking, "Why would anyone want to buy or sell a home during the holidays?" Well, I'm here to tell you that there are some compelling reasons to consider making a move during this magical time of year. Less Competition, More Serious Buyers One of the most significant advantages of selling a property during the holidays in Las Vegas is that there is typically less competition on the market. Many homeowner ..read more

Amidst the glitz and glamour of these grand projects, the Las Vegas real estate market is poised for substantial growth. As the city diversifies its attractions beyond gambling and evolves into a hub for sports, entertainment, and architectural marvels, the housing market is expected to ride the wave of progress. Despite the disruptions caused by ongoing construction and potential challenges for locals, Las Vegas real estate is emerging as a lucrative opportunity for investors and potential homeowners alike. Embracing the New Las Vegas At the forefront of Vegas's architectural innovations sta ..read more

There has been some discussion recently on home prices in relation to mortgage rates. Some believe if there is a rapid rise of mortgage rates, home prices should decrease. Logically it makes the most sense for the price of the house to drop when interest rates are rising, but this is not always the case. This theory of home prices decreasing is typically discussed by future home buyers. As a buyer you would like to think if you are paying higher rates on your mortgage, you should be able to see a decrease in cost somewhere else. Unfortunately, these rates are rising because the economy is in ..read more

They Looked at 234 Real Estate Agents serving Las Vegas and Picked the Top 20 "Truman Fleming is a Realtor and co-owner of Vegas Paradise Homes for Keller Williams Realty Southwest that works with real estate buyers and sellers in the Las Vegas, Nevada, metro area. He has more than seven years of experience helping residential and commercial clients relocate and close on the best property to fit their needs. Mr. Fleming specializes in luxury homes and investment properties, and he speaks English, French, and Spanish." Why These Real Estate Agents? Our goal is to connect people with the best ..read more

Well, the obvious advantage is that you actually gain home equity, or ownership in your home. In other words, over time the home or condo actually becomes your property, as opposed to renting, where you never own anything aside from the measly contents. Additionally, owning is a cheaper alternative than renting these days in Las Vegas thanks to the incredibly low interest rates on hand. Why pay $2,500 in rent if you can make a $2,200 mortgage payment, especially if you can write off the interest and the taxes? That’s right, with homeownership comes tax benefits. Of course,  ..read more

Although Refinancing can make perfect sense in many instances, make sure you evaluate all options to make an informed decision. There are a few reasons that make refinancing seem like a good idea, but in reality, they do not always make sense. Here are some reasons to avoid refinancing. 1. To Consolidate Debt - Though the appeal of lower interest rates seems appealing, you are transferring unsecured debt or secured debt; which if you can’t repay, could cost you your home. Also, many just tend to run the cards back up. 2. To move into a longer term loan - The thought of a lower payme ..read more

It is easy to become overwhelmed when you enter the home buying market. Friends, family, colleagues, and even acquaintances will give you their opinions if you are a first time home buyer. While most of them are looking out for your best interest, they are not fully aware of what is happening in the housing market. It is important for you to be prepared and have your own questions ready. No matter what other opinions you are getting, you are the one buying the home and your comfort level will help make your final decision. Here are three important questions to ask before you purchase a home ..read more

What are Sids/Lids? Some neighborhoods in Las Vegas will have Sids/Lids and this usually comes as a shock to new homebuyers or buyer’s who are unfamiliar with the Las Vegas area. SIDS?LIDS are not to be confused with your Homeowners Association fees or taxes but are a separate fee all together for the community. SID stands for “Special Improvement District” and LID stands for “Limited Improvement District”. These are a special assessment charged to property owners within the district/neighborhood. SIDS/LIDS are typically paid twice a year and go towards the improvement of the area and surroun ..read more