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Is Winter a Good Time to Buy or Sell My Home?

  Many people believe in selling homes in spring. Of course, that is when everything looks better, starting with the beautiful blooming flowers to the lovely weather. It is normally a time for the seller to show off what they have because even nature supports them! For the buyer, this is the time to check out as many houses as possible. With numerous sellers putting their properties in the market, it's not time to purchase yet until they are absolutely sure. But what about winter? With everything covered in ice, is there a soul out there trying to sell or buy a property? Is it worth the effort? Let's find out what you stand to gain if you decide to buy or sell your home during this chilly season. How Will You Benefit as The Buyer? Minimal competition It's true that winter has very few people selling homes. However, lesser people are also out to buy homes, which means less competition with fellow buyers. In other months like during spring, the competition is very stiff

Election Results and Its Effect on Las Vegas Real Estate

  President-elect Joe Biden proposed a few different polices that those looking to purchase real estate should be aware of, including those buying in Las Vegas. These policies could affect everyone, including those investing in real estate and people looking to purchase a home. Right now, the housing market in Las Vegas is on fire. The demand for housing is high, and the number of homes is tight. This makes it a seller's market, and the limited number of houses for sale is definitely a con at this point. A good realtor can help navigate the market, making it much easier to find the perfect place. One of Joe Biden's plans is he hopes to support first-time home buyers by initiating up to $15,000 in tax credits. He also wants down payment assistance for service workers. To help ease the burdens caused by the COVID 19 pandemic, Biden also hopes to give tax credits for renters. His plan also calls for increasing Section 8 vouchers. Down payment assistance and the proposed tax

Should I Buy a New Home or Resale Home?

  The question of whether you should buy a new house or a resale house depends on things like your lifestyle preferences and financing needs. You may prefer a resale home even though you are aware that it requires refurbishment. On the other hand, you may have your heart set on a new home however, there is a lack of newly built houses available in the location you had in mind. Both new homes and resale homes each have their own advantages and disadvantages. Knowing what these pros and cons are can make your purchase journey a whole lot easier. In this article, Top Tier Realty will provide you with the important info you need to make this big decision. Affordability Affordability is probably the most significant step that prospective buyers need to consider. First-time buyers looking to purchase a property typically prefer resale homes as they are much cheaper than newer houses, even though many people do not know about the other costs involved during the process of buying and tr

Is the Las Vegas Housing Market Immune to COVID-19?

  Months have passed since the onset of the global pandemic, "coronavirus," and the housing sector has felt the hit. The World Bank declared a global economic recession caused by the pandemic, and there were predictions of the economy shrinking by 5.2% on a worldwide scale. The impact of COVID-19 has affected almost every sector, with the housing market being the most affected. Las Vegas Housing Market is one of the top performers in the US, which is comprised of mostly single-family units. However, Las Vegas house prices have hit a record high despite the continuous economic harshness inflicted by the pandemic. Many realtors and home renters wonder how the real estate market will look like as the pandemic continues.  Top Tier Realty  will assist you in purchasing, renting, and selling your home . Our team of real estate agents in Las Vegas will offer great sources to have all your housing market questions answered. Las Vegas Housing Market During COVID-19 Despite man

Can a Realtor Help Me Rent Out My House?

  Renting out a property involves a great deal of effort and a strong level of commitment, which many landlords do not have the time or the energy to put in. A decent realtor will manage all the pains and problems of renting for you, making life a lot easier. When it comes down to searching for the best realtor for your rental property, you are going to want to make sure that you find somebody who is going to work hard to safeguard your investment. This is why we at  Top Tier Realty  have compiled a list of the potential benefits of hiring a realtor as well as qualities to look out for when you are hiring. Realtors Find the Most Suitable Tenants A realtor can assist you in finding appropriate tenants to avoid periods of vacancy and revenue loss. They will have the ability to utilize all the essential marketing techniques to guarantee that your property is very visible to potential tenants. The realtor can then display the house to potential tenants with open inspections that pre

When Is the Best Time to Sell My House in Las Vegas?

The time of the year in which you purchase your home in Las Vegas can affect the sales price, meaning certain times of the year are better for buyers than others. Home buyers might be surprised by how much of an impact it can have on prices and formulating a plan, with the help of a good real estate agent, can ensure you buy your home at just the right time. The time of the year can also help determine how many homes are on the market for you to choose from. A direct relationship exists between sales prices and the number of houses on the market, so a buyer can expect to see less houses on the market when prices are low. If price is most important to you, this is the time to shop. If selection is more important, wait until prices rise a little, so more homes are on the market. In Nevada, the median sales price of homes can fluctuate by $27,000 based on the month. The real estate market in Las Vegas is booming right now, and while it's more of a sellers' market, an experien

House or Condo, Which Is Best?

  You are ready to buy a home in Las Vegas but unsure about what kind you should buy. The choice between a house and a condo can make it rather hard to decide. Each option has its pros and cons, based on your budget plan, risk tolerance, your flexibility needs, and your financial aid. Top Tier Reality is here to assist you in making the right choice to suit your needs. Here are some positives and negatives to buying a house or a condo. Houses: Pros Versus Cons Houses are the most popular type of residential property bought by homeowners. They have a tendency to appreciate quicker and are usually bigger than condos situated within the same area. Owners who would like to customize their rooms have the most creative authorization in a house. You can enhance the value of your house through refurbishments and upgrades, so having complete ownership of a house allows you to increase its value until you are fully satisfied. It sounds pretty great, however there are some negatives involv