MY COMPLEMENTARY MAGAZINE "AMERICAN LIFESTYLE" CLICK HERE

Welcome

Welcome to the premier resource for all real estate information and services in your area. I hope you enjoy your visit and explore everything my realty website has to offer, including Las Vegas real estate listings, information for homebuyers and sellers, and more About Me, your professional Las Vegas Realtor.

Looking for a new home? Check back here often to see our Featured Listings, or use my Dream Home Finder form and I'll conduct a personalized search for you.

If you're planning to sell your home in the next few months, nothing is more important than knowing a fair asking price. I would love to help you with a FREE Market Analysis. I will use comparable sold listings to help you determine the accurate market value of your home.

Daily News Stay Informed

5 Reasons Why Millennials Buy a Home [INFOGRAPHIC]

5 Reasons Why Millennials Buy a Home [INFOGRAPHIC] | Simplifying The Market

5 Reasons Why Millennials Buy a Home [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.”
  • The top reason millennials choose to buy is to have control over their living space, at 93%.
  • Many millennials who rent a home or apartment prior to buying their own homes dream of the day when they will be able to paint the walls whatever color they’d like or renovate an outdated part of their living space.

Buyer Demand Surging as Spring Market Begins

Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade.

However, according to two separate reports*, buyer demand dramatically increased over the last three months, leading into this spring buyers’ market (the March data is not yet available).

Both the ShowingTime Showing Index and the National Association of REALTORS Buyer Traffic Index show that buyer demand has increased in each of the last three months.

Buyer Demand Surging as Spring Market Begins | Simplifying The Market

Why the increase in demand? Increased buying power.

According to the National Association of Realtors’ Economists’ Outlook Blog, purchasing a home has become more affordable, which has led to increased demand.

“Due to the combination of falling home prices and mortgage rates, the income needed to make an affordable mortgage payment (mortgage no more than 25% of income) on a median-priced home with 10% down payment and 30-year fixed rate mortgage decreased from $60,425 in June 2018 to $53,783 as of February 2019, and the difference of $6,642 represents a gain in buying power because one can afford a home purchase at a lower level of income.”

Bottom Line

It appears the spring buyers’ market is going to be much stronger than many had projected. Whether you are selling or buying, this is important news.

 

*The methodology behind the indices:

The ShowingTime Showing Index

“The ShowingTime Showing Index® tracks the average number of buyer showings on active residential properties on a monthly basis, a highly reliable leading indicator of current and future demand trends.”

The National Association of REALTORS® Buyer Traffic Index

“In a monthly survey of REALTORS®, NAR asks respondents ‘Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?’ NAR compiles the responses into an index, where an index above 50 indicates that more respondents reported “stronger” traffic than “weaker” traffic.”

Are Low Interest Rates Here to Stay?

Are Low Interest Rates Here to Stay? | Simplifying The Market

Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week!

This is great news for anyone who is planning on buying a home this spring! Freddie Mac had this to say,

“Mortgage interest rates have been steadily declining since the start of 2019. These lower mortgage interest rates combined with a strong labor market should attract prospective homebuyers this spring and could help the housing sector regain its momentum later in the year.”

To put the low rates in perspective, the average for 2018 was 4.6%! The chart below shows the recent drop, and also shows where the experts at Freddie Mac believe rates will be by the end of 2019.

Are Low Interest Rates Here to Stay? | Simplifying The Market

Bottom Line

If you plan on buying a home this year, let’s get together to start your home search to ensure you can lock in these historically low rates today!

View All
agent photo
Tammy Eden
Signature Real Estate Group
9525 Hillwood Dr., Suite 180
Las Vegas, NV 89134
Phone: 702-513-1300
Email: eden_str@yahoo.com

DON'T MISS A NEW LISTING AGAIN!

Register Now
Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*

Testimonials

04/15/2019 - ralph parra 
Sold a Single Family home in 2016 in MacDonald Ranch, Henderson, NV.

I cannot emphasize enough the complete satisfaction I had in working with Tammy on the sale of my late mothers home. Her patience, perseverance and experience allowed me to work at my own pace in finalizing the sale of this home. As I reside in Wisconsin it took three years to prepare the house for  sale but Tammy with her support and understanding each step of the way gave me the security of knowing I had someone like her to guide and work with all the way until the end. She went way above and beyond in many aspects of this process and I can't thank her enough for all she has done. She is a real asset to her company and should be recognized among her peers for the outstanding job she did. Thank you Tammy, job well done!!!!

Local knowledge:5 Stars Process expertise:5 Stars Responsiveness:5 Stars Negotiation skills:5 Stars I have given Tammy Eden Five Stars in each of the categories of Local Knowledge, Process Expertise, Responsiveness, and Negotiation Skills. Tammy consistently demonstrated these qualities and provided me with the highest quality of service throughout the duration of my association with her. Tammy listed and managed the sale of my home of over twenty years and worked tirelessly to help me find and purchase my new home. In addition to being genuinely expert in her profession, Tammy is thoroughly caring and committed to client satisfaction. I recommend her without any reservations to anybody buying or selling property in Las Vegas Doug S.
Local knowledge:5 STARS Process expertise:5 STARS Responsiveness:5 STARS Negotiation skills:5 STARS I truly believe I only became the owner of my house because Tammy was my agent. The market in my area currently has a shortage of houses in my price range, creating a bidding war. Tammy understands the ins-n-outs of this difficult market and knows how to close the deal. From bid to closing was 3 weeks. Wow Danielle P
View All

Blog

View All

house realtor mls

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu