Saturday, November 29, 2014

Is Now a Good Time to Sell Your Las Vegas Home?

Is it a good time to sell your home in Las Vegas? In many ways, now is the perfect time to sell your Vegas home, and here is why.

For the first time in years, the Las Vegas housing market is showing strong signs of stabilizing. Foreclosures, REOs and short sales are making up a very small portion of the market, compared to a few years ago when these sales made up the majority of the market.

Selling your house now means that you will be selling to traditional buyers, and not so investors whose main goal is to get your property for the cheapest possible prince.

Another great reason to put your home on the market now is the huge rise we've seen in property values over the past 2 years. There is a good chance you can put your home on the market without it being a dreaded short sale. Only around 30% of current homeowners now owe more than their home is worth, compared to over 70% a few years ago!

And finally, now is a great time to find a buyer! We are currently suffering from a low inventory of homes for sale compared to the amount of buyers in the market. As the economy continues to improve, more people are once again looking to buy a home. New construction is once again becoming competitive, so now is a great time to sell your home fast for a great price.

If you are thinking about selling, the first step is to get a current comparative market analysis (CMA) to determine the accurate value of your home in today's marketplace. We offer FREE CMA's - all you have to do is contact Mary Kay at 702.686.2695 today to find out what your home is currently worth.