So much talk is going on. In just the last 7 days, 700 homes sold, but over 1,400 went on the market. Of those on the market over 1,600 had price reductions. The Fed may raise interest rates by another 750 to 1,000 basis points. How does the 3rd quarter real estate market look for Las Vegas? This brief video explains it all. 07/14/2022

June 2022 brought our first reduction in median price in nearly 30 months! Inventory has tripled in the last year for the Las Vegas real estate market.  With prices beginning to come down and inventory skyrocketing, the Las Vegas real estate market is changing quite a bit. Take a look at the details here in the June 2022 edition of the Las Vegas Real Estate Market Report. 07/06/2022

Summerlin is definitely one of the most prestigious areas in the Las Vegas valley. In June, we saw a great deal of real estate activity in the different regions of Summerlin. Inventory up over 56% with prices down as much as 35% from May of 2022. Here is a region by region look at the Summerlin real estate market. 07/05/2022

Much activity occurred in Peccole Ranch real estate during June 2022. The number of available houses increased by 150%! And prices reduced by 9%. The time for homes to sell also increased by 16% during the last month. Condominiums in Peccole Ranch saw a lot of changes as well. The number of available homes decreased by 67% and prices decreased by 10%. However, homes in escrow increased by 67%. The sales in June decreased by 25% with prices down 12%. 07/01/2022

The Mountain's Edge real estate market report May 2022 show a great deal of activity. Mountain's Edge is a fine master planned community in the Southwest Las Vegas area. Mountain's Edge has numerous amenities and easy methods of transportation. Mountain's Edge real estate is mainly comprised of single family homes however there are also some lower priced condominiums in the area.Looks at the activity for May, we see a lot is happening in the Mountain's Edge real estate market. List prices down slightly and sales prices are up. Sellers of Mountain's Edge homes are seeing a great marketplace for the sale of their home. Mountain's edge home sellers were pleasantly surprised in May. 06/24/2022

Rhodes Ranch - an oasis in Las VegasRhodes Ranch is a community in the Southwest area of Las Vegas. A private guard gated community located near the Durango Station, it has many amenities including water park and golf course. A standard matched by few - especially in the Las Vegas area. Still with amenities as far beyond the norm as they are - this all comes at a surprisingly great value.Sellers of Rhodes Ranch homes are seeing a great deal of activity. Take a quick look at the latest Rhodes Ranch real estate market report for May 2022: 06/16/2022

Has the crash begun?Major players leaving the market and announcing major cutbacks. The average time to sell a home increasing by over 30%. The average payment increasing by over 50%. Has the Las Vegas housing crash begun?Just the facts, ma'amIn this brief video, we do cover what exactly is going on as well as the predictions by experts. Most importantly, the end of the video contains the vital information for making the best out of the current market changes. 06/15/2022

The Las Vegas real estate market report May 2022 contains a great deal of change from previous months. With some areas selling for as much as 28% less than the previous month and yet some segments selling for nearly 40% more than just a year ago. The real estate market for Las Vegas as well as Henderson, North Las Vegas is quite active. With communities like Summerlin, Rhodes Ranch, Mountains Edge, Peccole Ranch, Queensridge and more seeing rapid changes. Rising interest rates allowing less buyers to move up has had a tremendous impact as has the cold slap of reality hitting some sellers. To see more on how condos have gone up nearly 40% with houses up just over 25% in the last year, view all the details on this video: 06/07/2022

Summerlin is a highly desired master planned community in Las Vegas Nevada. A vast area of land purchased by Howard Hughes decades ago, it has transformed into the jewel of Las Vegas real estate.Here we take a look at various regions of Summerlin for both houses and condominiums to see the May activity. There are now 45% more houses available and 77% more condominiums and townhouses. With average prices now at levels 28% below April. View this video for more details. 06/03/2022

Peccole Ranch - a value like no otherPeccole Ranch is located immediately to the East of Summerlin. Close enough to have full benefits of the amenities, and yet still not pay for them with higher prices. Peccole Ranch is a rare find for the Las Vegas real estate market.May real estate market reportIn the video below you will see the figures for Peccole Ranch houses as well as condominiums for May 2022. Activity was mixed. Some niches dropping by 8% while others are up by 7%.For the full details, see the video below:    The latest real estate market reports for Peccole Ranch can always be found HERE 06/01/2022

The real estate market is one of the most complicated things and that is why most people hate it when they realize they have to sell their house. there is a lot that goes into the process and there is no guarantee that you are going to find a buyer ready to make an offer you like. There are some who have been forced to pull their homes from the market because they did not get the offer they wanted. You don’t have to go through all that because there are other options when it comes to selling your house. How can I sell my house fast Las Vegas? Selling for cash is becoming more and more popular because people are getting to know its benefit. Selling for cash makes everything easier because you can be done with the process in as little as one week. This allows you to focus on other importa... 05/08/2022

Reasons To Use Buy My House Las Vegas The current real estate market is unpredictable, which can make it difficult for sellers. There are various options available to sell homes, but many sellers have stuck to the conventional method for many years now. Most sellers choose the traditional method since they are unaware that there is a faster and easier option.  It is also advisable to know about the different options so that you can make an informed decision on what is going to work for you. With traditional methods, it is realistic to expect that you will have to wait for months to find a buyer and close the deal.  When you sell your property in this way, there are other costs involved to make sure your home is attractive to potential buyers. Another stressful aspect involved in selling... 04/20/2022

January caught many by surprise in the Las Vegas real estate marketplace. Many are in shock as to what occurred and what it means for the near future in Las Vegas. This brief report shows you what happened in January and what it means to Las Vegas real estate. See why in an area of over 2 million people there are only 322 condominiums available. 02/17/2022

Nevada Real Estate Laws Regarding Conventional MortgagesLas Vegas,  Nevada, located in the state of Nevada, and home loans in Nevada are regulated by Nevada real estate laws. A qualified homeowner who purchases a mortgage in Nevada can choose from three loan types: the conventional mortgage, the sub-prime mortgage, or the nontraditional mortgage. These terms refer to the different loan characteristics each type has and their respective limitations. The interest rates offered for mortgages in Nevada are higher than those offered anywhere else in the United States, and the qualifications for qualifying vary greatly. Nevada Conventional Mortgage GuidelinesNevada requires lenders to adhere to the same guidelines that apply to all other lenders. Nevada mortgage lenders must conduct credit an... 11/05/2021

Las Vegas is an appealing option for those looking to relocate. There are numerous benefits that you can experience! Although Las Vegas is recognized as a conference center, a party destination, and a glamorous getaway full of wonder, here's a little-known fact: it's also an attractive location to live. Permanently."The cost of living in this bustling desert oasis is actually lower than the national average – which is not bad for a city with a worldwide reach like this." Another perk that attracts new residents is the absence of state income taxes.  There are also large number of job prospects, and that number is steadily increasing.It certainly sounds like a good offer, doesn't it?Here are some things you should know before moving to Las Vegas. No State Income TaxWhile most governments... 10/21/2021

Essential Las Vegas Home Buying Tips From the Pros Even for seasoned home buyers, buying a house may be a difficult and intimidating experience, especially for first-time buyers. It's usually a months-long procedure with multiple phases and several chores to accomplish, not to mention all the language and legal complications that come with real estate.Let's approach the process of buying a property in Las Vegas one bite at a time.Despite the fact that each market has its own quirks and needs, there are certain universal rules that apply to all marketplaces. Let's start with those and then go specific about house buying in Las Vegas. Check out the original neighborhood post at https://vegashomesnv.com/. General Preparatory and Financial Tips Start Saving EarlyThe expense of purchasing a ... 07/07/2021

Discover the Good News About Closing Costs in Las VegasClosing costs in Las Vegas are inevitable but overlooked in any real estate transaction. These costs must be factored in along with the other upfront costs. Closing costs can vary depending on the location, companies used and selling price of the property. But some aspects of these costs are open to negotiation.So, you must know even a little about Las Vegas closing costs. Overview of Closing Costs"Closing costs are the expenses, over and above the property's price, that buyers and sellers usually incur to complete a real estate transaction. . . . Homebuyers typically pay between 2% to 5% of the purchase price, but closing costs may be paid by either the seller or the buyer."Closing cost includes things such as "loan origination fee... 06/16/2021

Squirreling your money away for Real Estate Investments With the Real Estate Market getting ready to swing down in 2021 how many of you have squirreled away money for Real Estate Investments?If you haven't you still have time!Interest rates are going to rise in 2021 along with a decline in home values. The values (will not) drop drastically like they did the last time, but will drop slowly into late 2021, early 2022 and following.So start to budget now and squirrel some extra money away if you haven't already, for down payments on Real Estate Investments.I have squirreled some away and will be ready to purchase another Real Estate Investment in Las Vegas for future retirement.And for your information these squirrels or chipmunks are not dead. They were cooling down their bodies in "Vall... 12/18/2020

Cramer Group in Summerlin Las Vegas.Cramer GroupCramer Group is a real estate company focusing in the Summerlin district of Las Vegas, Nevada. The team is lead by partners Don Cramer and Colleen Schaefer. Don is a 30-year real estate professional with extensive knowledge on the various nuances of the real estate transaction. Colleen has worked in the Las Vegas market for over 20 years providing a highly personalized service ensuring clients have the best experience possible whenever they transact with her. If you're looking to make a home purchase or are planning to sell a property in the city, our team would be glad to represent you in your transaction and get you the best deal possible for your home. Please don't hesitate to get in touch with us if you have any real estate related que... 12/01/2020

The Canyons in Summerlin, Las Vegas, Nevada Neighborhood PostNeighborhood InformationThe Canyons is a mixed-use neighborhood that incorporates a commercial area, an impressive golf community, an apartment complex, and the JW Marriott Las Vegas Resort & Spa. The golf community occupies the vast majority of the neighborhood's land area, which features a lovely cul de sac subdivision alongside the beautiful emerald green courses. Located close to the heart of Summerlin, residents enjoy easy access to the primary business center of the region and is also a short drive away from Downtown Las Vegas via the Summerlin Parkway.Falling Water Apartments are the most affordable home option within the neighborhood, offering a low-density design that busy professionals will surely appreciate. However... 12/01/2020