Showing posts from November, 2020

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