How To Invest In Realestate…

May 27, 2017 by

How To Invest In Realestate…

 

“DON’T WAIT TO BUY REAL ESTATE! BUY REAL ESTATE”

Real еѕtаtе іnvеѕtmеntѕ are асtuаllу meant for those who are experienced in this field. Nеvеrthеlеѕѕ, реорlе whо have аlrеаdу tried investing іn rеаl еѕtаtе, knоw full well thаt іf thе іnvеѕtmеntѕ аrе made right, one can еаѕіlу gеt profitable rеturnѕ.

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The Best Home Improvements To Make, That Actually Add Value To Your Home

May 11, 2017 by

Best Home Improvements To Make That Actually Add Value To Your Home

Sеаrсhіng for аррrоасhеѕ tо spruce uр уоur home without рlасіng yourself іn thе рооrhоuѕе? Rеgаrdlеѕѕ of whether уоu’rе preparing to ріtсh уоur hоmе оr nееd tо ѕріff it up mоdеѕtlу for your оwn раrtісulаr рlеаѕurе, wе hаvе 10 grеаt рrосеdurеѕ for you to соnѕіdеr.
Thе genuine cost аnd рауbасk fоr еасh vеnturе саn fluctuate, соntіngеnt uроn both your hоmе’ѕ condition and gеnеrаl lаnd ѕhоwсаѕе vаluеѕ іn уоur dіѕtrісt оf thе nаtіоn.
These ѕtrаіghtfоrwаrd rеdеѕіgnѕ can without much of a ѕtrеtсh аdd a great mаnу dollars tо your hоmе’ѕ еѕtіmаtіоn.

 

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Commercial Building One Summerlin Waiting on Tenants

Oct 27, 2015 by

Commercial real estate is still slumping from the recession and there are many signs that it is not coming back to the norm as quickly as developers would like. One Summerlin is one of those office buildings that is not seeing as much success as was touted to occur. It has about a 54% vacancy rate, which is much higher than the rest of the office sector at 20%. The management of the building say that all is not lost, however, as they offer a unique product that will draw tenants to the building.

One Summerlin still struggles to find tenants.

One Summerlin still struggles to find tenants.

Why Such a Disparity?

One Summerlin is one of the more expensive office buildings in the valley and it has one thing that is definitely not going for it and that is its location. Other properties in the same price range are centrally located to the airport and the Strip, and this is one reason why companies have not been clamoring to move to One Summerlin.

Management of One Summerlin aims to have the building fully leased by summer 2016. Listing broker, Randy Broadhead said, “As you know, this is not a good market overall. Most landlords are struggling.” Another reason why One Summerlin is not seeing the huge tenant explosion is that they have a smaller pool of potential tenants than other properties – simply due to price. The monthly costs range between $3.10 and $3.20 per square foot, which is much higher than the average of $2.62 for other space like it.

The lack of adjacent parking can be pointed to as well. There is a great deal of parking in Downtown Summerlin as a whole, but not having adjacent parking can be a turn off for some prospective tenants. It does have major amenities, however, as there are many shops and restaurants nearby, which is not the case for some other buildings of the same caliber.

The mixed-use, pedestrian friendly community is something that the management believes will draw more tenants into One Summerlin. Even though the numbers are not climbing as fast as they would like, they know that these amenities are going to draw companies to the building. It is just a matter of time.

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Las Vegas Foreclosures Rate is Increasing – Good or Bad Sign?

Oct 20, 2015 by

LV Foreclosure ArticleJust a few years ago, there were so many homes in active foreclosure that many were sure that Las Vegas would never be able to bounce back, but today that number is less than 300. Market trends are seeing some change in the downward trajectory, however, as foreclosures have went up in the area recently. Is this a sign of bad things to come?

Uptick in Foreclosures Could be Misleading

The increase in foreclosures in Clark County could be a little misleading, says Fafie Moore, the owner of Realty Executives. “The banks control that now. They may be deciding that they need to notice these people now because its getting close to the end of the year and they want to get some houses off their books,” she said. This trend can help increase home values, because it cleans up the neighborhoods. “It’s really a good thing when banks are processing on these properties that people aren’t paying on because those are the properties people aren’t maintaining,” she continued.

The Las Vegas area needs some help in home values, as they have not returned to normal since the Great Recession. While it may sound like a bad thing to have more homes in foreclosure, it could actually end up being a very good thing to stabilize the housing market in the area. In fact, some think that the increase in foreclosures is a sign that the market has regained health enough to handle it. The median home price has went up 10 percent from a year ago and taking care of these homes that are not being maintained can help it to increase even more.

New Home Sales Up

The number of new homes selling has gone up and this is a sign of increased health as well. “We’ve seen new home builders come back into the market. They are big business people and they don’t come into the market if they think they won’t make money,” said Moore.

While it may sound as if the Las Vegas foreclosure rate is going up, it may actually be a good thing to help our real estate market to finally stabilize and regain some ground.

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Luxury Closets More than Space for Your Clothes

Oct 13, 2015 by

With the cooler weather on the way, some people are looking in their closet for their sweaters, jackets, and coats, but others are looking at their closet to see how they can make it more functional and convenient. Luxury realtors in the Las Vegas area are finding that sellers are expecting more and more from this previously small space. In fact, some buyers are requesting a smaller bedroom that is complemented by a large, luxury closet, complete with a lounging area, laundry area, TVs, and even writing desks.

Today's buyers want more than storage space - they want luxury and convenience!

Today’s buyers want more than storage space – they want luxury and convenience!

Private Retreat Rather Than Somewhere to Simply Hang Clothes

Interior designers in the Las Vegas area are seeing more and more homeowners who want to take their closets and turn them into a space where they can display their prized positions. From displaying their favorite jewelry and expensive handbags like pieces of art to using their designer clothing as a way to add color and texture to the room, this is much more than a closet. “It’s a quiet escape. A little retreat. It’s a cocoon, intimate – a smaller space. It’s comforting to most people,” says designer Cary Vogel.

Vogel says that each homeowner is different. Some want to use family photos or personal items to decorate their boudoir or closet area, while others want to use their Louis Vuitton or Hermes handbags for the central focal point or their Jimmy Choo shoes. Everyone is a bit different and this translates into how they set up their room and use it. Elaborate displays are made to show off their “pieces of art” that they wear and use.

Some of these luxury closet areas are shrinking the master bedrooms, but this is what many higher end homeowners are looking for. They want a space to not only get dressed, but to also have a cup of coffee, relax, and hang out before getting ready for their next appointment or event. An 800 square feet closet is not unusual in luxury homes, as for many people, these sell the home and give it much more functionality.

Spaces for packing suitcases, laying out your clothes for the next day, folding clothes, and completely taking care of your clothing needs can make getting dressed feel much like you are in an upscale store each and every day.

Whether a realtor or a builder, you want to know that closets can help sell a home, especially a luxury home. Consider making it into a space that will be used, not only to change clothes, but also to enjoy.

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Luxury Developments Still Available for Las Vegas Home Buyers

Oct 6, 2015 by

Luxury Communities Las Vegas

Home buyers in Las Vegas still have options in the luxury developments of Ten Oaks and Quail Ridge Estates.

Las Vegas elite homeowners had a few different choices before the master-planned communities of Summerlin and Anthem were built. Two of these communities are still very sought after today. These are Ten Oaks in northwest Las Vegas and Quail Ridge Estates in Henderson. These two communities still offer high quality homes on large lots that are gated. They still see quite a bit of action in the market even though they are both decades old.

Quail Ridge Estates

This community is located near Pecos and Warm Springs roads and still has the amenities that families are looking for. Developed in the 1980’s, this community features 101 custom homes that range in size from 4,000 square feet to 12,000 square feet. They are in a great location close to the Strip and to UNLV, which makes them ideally located for people who work in these areas. Zar Zanganeh of Luxe Estates says of this area, “I see it as a place of value still. You get a lot more in these neighborhoods, especially if they can find a house…that’s been refinished and is nice.”

Each lot is at least a half-acre and they feature tall pine trees and green lawns that new construction cannot offer. Homeowner’s Association fees have recently been lowered to $250, due to the strong reserve funds, which means good things for the community.

Several prominent community members make their home in Quail Ridge Estates, including the founder of American West homes, Lawrence Canarelli, and the Las Vegas Sun owner, Brian Greenspun.

Ten Oaks

The gated community of Ten Oaks was developed about the same time as Summerlin, but it offers a big bang for your buck. Real estate broker Rob Jensen, says, “That neighborhood is a nice little gem, because it’s a central end of town, closer to where a lot of people work, and the lots are all big.” While some homeowners moved to other communities, they are coming back because of the convenience factor of living in Ten Oaks.

With the community park that is great for children to the big yards that offer lots of space to roam, it is no wonder that many buyers are those who have families. The homes are unique and they offer 24-hour guard gated security. In addition, the HOA fees are just $220 a month, which is much less than other neighborhoods of this kind.

If you have clients who want the luxury home without having to drive so far or without the high price, these are two areas that still seem to have a lot to offer.

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