Buying A Home In Las Vegas We’re Here To Help Make Buying Simple Buying a home can be a complicated at times, especially when dealing with short sales or distressed foreclosure properties. Plenty has changed in our local real estate market over the past several years, so we have outlined the steps involved in working with a real estate agent to find the best deal and get an offer accepted on a home. At A Glance – The Steps Involved In Buying A Home: The bullets above are obviously a simple outline of the homebuying process. There is a lot…
LAS VEGAS, NV – After a lengthy reign of 21 months in a row, Seattle Washington has been kicked to the curb by Las Vegas, Nevada as the number one real estate market in the United States, according to a recently-released report. Las Vegas took first place in the latest release of the monthly Case-Shiller home price index with a jump in property sales of 13 percent in August, an increase over the previous month’s of 12.6 percent. After a devastating hit to the housing market in Southern Nevada during the mid-2000’s recession – homes lost as much as 60…
Developers Pouring Resources into Apartment Complexes Throughout Southern Nevada LAS VEGAS, NV – With the housing boom overtaking Las Vegas in recent years, one fact has emerged above all others- there are currently not enough houses to satisfy the overwhelming demand, pure and simple. But while developers are doing their best to ramp up construction to give prospective Southern Nevada homeowners more options (which would hopefully also help to drive down skyrocketing real estate prices in the process) people looking for a roof over their heads are turning to apartments, causing their availability – and prices – to dwindle as…
LAS VEGAS, NV – The revitalization of Southern Nevada in the past year has seen a mass exodus of new residents flock to the region looking to take advantage of the now-booming economy and its subsequent burst of rapid job growth, and when an area – especially a hotbed of economic activity such as Vegas – sees such an influx of new blood, one thing holds true…those people need places to live. One of the money-making aspects of the Las Vegas scene that has seen the biggest boost in recent months is in real estate, and with so many new…
Why Las Vegas Is The Right Market It should be no surprise to hear that Las Vegas is an excellent housing market to invest in. Investors are receiving top-dollar rents. Nevada boasts over 3 million people and continues to have one of the strongest growth rates in the country. Clark County is home to nearly 75% of Nevada’s 3+ million residents with almost half of those households choosing to rent. The unique job opportunities, sunny weather, and abundant activities for all ages make the Las Vegas area an attractive place for many individuals and families to call home. Las Vegas…
LAS VEGAS, NV – When the largest alternative investment firm in the world decides that your city is ripe for sinking their dollars into on a vast scale, it all but cements you as a hot property, and for all intents and purposes, that’s just what Las Vegas has become in recent months. The Blackstone Group is an American multinational private equity, alternative asset management, and financial services firm based in New York City. It specializes in private equity, credit, and hedge fund investment strategies, and it has recently turned its sights on the Southern Nevada region and the current real…
LAS VEGAS, NV – After Las Vegas has endured the effects of a burst housing bubble in the mid-2000’s – a phenomena that occurred nationwide but was felt acutely in the Southern Nevada region more than most – the real estate market in the midst of a rebound that is equally as impressive as the previous decline was bad. The economy is rebounding and jobs are coming back; as a result, housing options are in big demand, supply is tight, and prices are steadily climbing, and, due to this, the rental market is displaying a similar surge as well, as…
Commercial Property Management Commercial Property Management Our commercial property management services include: ROI (Return On Investment) One of the most important issues in Las Vegas commercial real estate, is to ensure the Landlords ROI. We know our Landlords have acquired the best possible real estate and mortgage deals they could. Shelter Realty also wants to ensure ROI for our Landlords. We do so by creating precise budgets from the very beginning. Additionally, we review profit and loss reports monthly, which help us to determine where we may be loosing money and therefore where more cost control, may be needed in…
Getting a Mortgage Loan in Las Vegas – Some Tips You Should Follow According to recent reports, the fixed rate mortgage loan rates throughout the nation had hit a 40 year low, making this the perfect moment to refinance home loans for all those struggling homeowners who aren’t able to make their monthly payments on time. If you’re a resident of Las Vegas, you should be aware that the 30 year fixed rate mortgage varies from 3.85% to 4.54% in the beginning of 2012 and therefore any prospective homebuyer in Las Vegas can easily think of taking out a home…
Think buying a condo is easy? Think again. When you’re buying a condo, there might actually be more to consider than when you’re buying a home. Just knowing what to look for (and ask) can be a challenge. Hiring a good Las Vegas real estate agent and asking the right questions is a start, so here’s a list of 10 questions to ask before you make on offer on your Las Vegas condo. Question #1: What about the HOA? Most Las Vegas homes, whether they’re single-family or condos, have homeowners associations (HOAs). Before you buy, you want to check up…
If you’re a first-time home buyer or looking to upgrade to your dream home, there are 10 steps you’ll want to complete before you even start looking at listings of Las Vegas homes for sale. Step #1: Figure out how much Las Vegas home you can afford. Figure out how much money you make and how much you’re able to use for your new home. A good rule of thumb is that your new home’s value should equal between two to three times your gross income (that means if you make $100,000, your new home should cost no more than…
Property Management FAQ’s Accounting Processes Accounting – What is your fee structure? Additional Requirements: Accounting – What property management accounting software do you use? Shelter Realty Property Management’s landlord, tenant, statements, banking, monthly payments… and all other secure and sensitive information is managed through the number one property management software company, Appfolio.com. One of the benefits of Appfolio is that our tenants and landlords can login to view their accounts, receive payments and pay bills. And more importantly, Appfolio is a security fortress that keeps everyone’s personal information totally safe and private. Accounting – How will I get reports? Our…
