This article is about one of Las Vegas premier home builders William Lyon Homes which recently filed paperwork for an Initial Public Offering (IPO). They have several projects going on including Mountains Edge, Northwest just to name a few. They build upscale luxury homes starting from the mid $300’s in the Las VegasValley.
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This article speaks about the US housing market in general. However, in Las Vegas Nevada, rental rates are going up, but not as fast as new home prices.
New homes are the way to go if you are looking to buy. If you are still renting, new home prices continue to rise at a good pace. Example: I sold a KB Home back in December in Mountains Edges for $167,000. To day, the same home is selling for $173,339. That was 2 weeks ago. In the same time frame, I have seen increase of 12% on average in the Southwest, South, The Mesa at Summerlin, Providence, just to name a few. Bottom line, if your renting, your rent is not going up that fast. Something to think about.
High $200’s. Storybook has 2 new homes with a May 2013 move-in. Features include: granite counter tops, 2 and 3 car garage, island kitchen with Birchwood cabinets and walk-in pantry. Check them out Lot 16-17
This article may be boring for some but interesting for others. The President recently made a comment regarding lowering the credit scores form obtaining a mortgage. The Credit Score information is at the end of this article. What do you think?
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If you’ve been foreclosed on, late on payments or could be in the future, READ THIS ARTIVLE!
Mortgage complaints? Been foreclosed upon? Make sure you make your voice heard.