For more information about these properties or a specific open house, contact us today! or give us a call at 702-625-3202.
Behind the gates of Barcelona, tucked high above the Valley, you will find this highly upgraded estate. Situated on a prime elevated lot overlooking the greenbelt with panoramic mountain views and strip views from the secondary bedrooms. Upgrades include top of the line cabinetry and granite throughout the home, stainless steel appliances, gorgeous tile, wrought iron banisters and 2-tone paint.
Beautiful Peccole Ranch home that has been completely redone, new granite, paint, Travertine, upgraded kitchen and baths. This home shows like new! It has 5 bedrooms, 3 full baths and a 3-car garage, all are good size rooms. Sparkling pool/spa with covered patio and balcony off master. Nice Cul-de-sac lot, home adjoins community greenbelt for added beauty and privacy. Great Location in Peccole near Summerlin.]]>
Yes! Size matters! Today’s modern space living requires minimal space but intelligently furnished for functionality. This is where “less-is-more” works. Smaller pieces are preferred when it comes to these limited spaces. Oversized furnishings are still welcome, but they have to pull double-duty to make the cut.
When you have a small space, you have to make the most of it. Using double duty furnishings will make sure that the small space will also be highly functional. Here are some ideas:
Simple wall treatments are preferred when it comes to small spaces. It will help highlight the furnishings and open up space.
This is probably one instance where one big piece is better than several small ones. Smaller art pieces will only look like clutter in your small space. A single big piece on a vertical space will make your wall seem bigger compared to several small pieces scattered on your wall.
If you have dull vertical space to fill, here’s one great tip: Bring in a leafy plant and set it in the corner where it will not interfere with the flow of traffic in the room. It will not only make your dull space lively, it will make an interesting background in the room.
If you have a long narrow space, choose a continuous seat that will allow you to fit several people. The long seat will also be a great place for you to stretch out when you’re not having guests. If you want, you can even make it long enough so it turns into a bed, perfect for guests who are sleeping over.
Living in a small space doesn’t have to be a struggle. You can customize your space to work with the kind of lifestyle you have no matter how small it may be. All you need is imagination and creativity.
Do you have tips to share for making small spaces bigger? Share them with us! We’d love to hear from you! Leave your comments in the field below.]]>
Home prices are going up, mortgage rates are going up, but the FHA is making a drastic move. It’s cutting the cost of mortgage insurance from 1.35% of the loan’s value to 0.85%. Now this is one break homebuyers can’t afford to miss out on.
The effect is of course savings for the homebuyers, which could be as much as $900 a year on their mortgage insurance payments. The White House estimates that the lowered premiums will be able to bring in as much as 250,000 new buyers to the marketplace. The White House said, “Too many creditworthy families who can afford a home… are shut out of homeownership opportunities due to today’s tight lending market.”
Several years back, the FHA raised its mortgage insurance premiums due to the economic bust followed by foreclosure crisis nationwide. But now that the economy is slowly getting back on its feet again and home values are on the rise, there’s no reason to keep the insurance premiums where they are today.
According to the White House, even if the premiums are brought down, growth is still on the horizon. Reserves are expected to increase by $7 billion up to $10 billion annually.
Low -income and higher risk borrowers have relied on FHA loans in the wake of the economic crisis. It was their only lifeline, the only mortgage available to these buyers, since the private lenders have throttled their lending standards.
This is thrilling news for homebuyers who have been waiting for the right time to buy their dream homes. And if it’s the right time for them, it’s also the perfect time for you. So why wait?
Are you looking to buy your dream home in 2015? What are you waiting for? We have a team of real estate experts who will be happy to help you find the one that you’re looking for. Contact us today!]]>
Now that the busy holiday season is over, we can focus our attention on what’s up ahead. It’s a new year with new beginnings and a chance to start with a clean slate. If you’re thinking of buying a home this year, moving up, moving down or if you’re a first-time buyer, it’s going to be one thrilling experience. Don’t wait: Get started on your search now and buy a home before spring!
The two most important considerations to buying a home before spring are mortgage rates and price. Both are going up, so the longer you wait, the higher the cost of your new home. If you buy a home before spring, you could end up with more savings.
Are you interested in purchasing a home this year? Do you need help looking for your dream home? Reach out to us! Our team driven real estate professionals know the Las Vegas area by heart and we can help you find the dream location you’ve been looking for. Contact us today!]]>
For more information about these properties or a specific open house, contact us today! or give us a call at 702-625-3202.
Absolutely fabulous home in pristine gated Summerlin Taos Estates community. Gorgeous hardwood flooring, top line granite counters with full backsplash. Beautiful master bedroom with majestic master bath, with double sink, and separate tub and shower w/stone and travertine w/accent walls. Cozy family room with fireplace that leads to a Stunning backyard with built-in BBQ with stone and granite tops, pool/spa. This is a must see!!
On January 26th, Fannie Mae is going to launch a new program nationwide, which could be a big deal breaker for some parties. This new program may bring about a slower closing process, more expensive home sale closing costs and bring more disputes between sellers and buyers when it comes down to home prices. Overall, the new Fannie Mae nationwide program could be a big deal buster for some parties.
Appraisers are already getting worried and believe that the new program might shift the market.
Mortgage lenders will gain access to proprietary home valuation databases, which they will utilize to gauge the reports submitted by appraisers. Errors found in the appraisers’ work will be flagged and scored for inaccuracy and may generate “comps” [other properties found in the area that were recently bought compared to the property the lender is considering, which the appraiser did not use in his report].
These “comps” can be forwarded by the lender to the appraiser to change the appraisal value on the property.
If the seller and buyer agree on a contract price of $300,000 but the comps showed that the last two homes sold in the area were priced around $250,000, the appraised value may be judged too high and could risk borrower default while the house goes straight to foreclosure.
Appraisers will be asked to justify all the comps they chose for valuation, over the ones selected by Fannie Mae computers. It could add more days, even weeks, before a transaction is able to close.
The new Fannie Mae nationwide program could ultimately cause higher closing costs.
A Northridge appraiser, Mike Turner calls the new Fannie Mae nationwide program “An utter waste of time.”
Richmond appraiser Pat Turner said, “You think I’m going to do this for free? Hell no!” This new program might raise the job fee to $200 or even higher, which will be shouldered by the consumers during closing.
Another issue being highlighted by appraisers is that Fannie Mae won’t allow appraisers to gain access to the database it uses to generate risk-rating scores. There is now a demand for transparency sponsored by the ICAP [Illinois Coalition of Appraisal Professionals.]
Fannie Mae’s new system will find errors in appraisal reports and flag them, it sounds like a bullet proof plan but is it? What are your concerns regarding the new Fannie Mae nationwide program? Share your thoughts in the comment field below.]]>
The kitchen is slowly becoming a favorite entertainment spot for the home. It’s where one will find themselves drawn to the scent of something baking in the oven, where a lot of gatherings and memories are made. Especially during the holiday season, the kitchen was surely the star of the home.
Cool and smart kitchens always, always attract buyers. Whether they cook or not, the kitchen is always a high priority for homebuyers, because it’s now an extension of the entertainment area. Make a buyer fall in love with the kitchen and it gets the deal done. That’s why the kitchen is a good investment because it doesn’t just add value, but it helps the home get sold when its time to put it on the market.
Some even get so involved with their kitchen space that they even have a theme for it. Long-time partners John Sparer and John Klai designed their commercial-grade kitchen around Thanksgiving, their favorite time of the year.
Their kitchen is equipped with a food elevator (dumbwaiter), ovens, warming trays, 3½ feet-deep counters, refrigerated drawers and warming trays.
Upscale appliances are a big deal sealer for homebuyers looking to buy homes. Luxury homebuyers expect to see sub-zero refrigerators, warming trays, refrigerated drink drawers, Wolf ranges, wine cellar, spacious walk-in pantry, built-in espresso machines and plenty of storage space. They want it sleek and clean with a specific place for everything.
Neutral is out and color is in. There’s a blending of colors, neutral meets red, yellow, blue, and orange. Brightly colored Italian cabinets are mixed with the neutral background to give the kitchen space a burst of color. Cary Vogel, an interior designer, said that colors are being used to put an accent on neutral colors. Vogel added, “Because of the cost of the appliances people usually stick to neutral colors. It’s the adventurous soul that is going to add colors.”
We’ve always known that the luxury market is a different market, so don’t be surprised to meet a buyer looking for a home with 3 gourmet-ovens.
Many homebuyers want their wine room. But today’s design no longer uses wood; instead they are made from back-lit acrylic glass. Wooden storage areas are reserved for the most precious bottles that should be kept in the dark or behind the wall.
These wine display rooms are like museums with pieces of art. They even have electronic inventory programs that will notify homeowners if a label needs replenishing.
What kind of kitchen design fits your fancy? Do you have a kitchen design that you want to see in your home? Share it with us! We’d love to hear from you. Leave your comments in the field below.]]>
Nevada is steadily increasing its appeal to more and more retirees and baby boomers once again. Moving vans are moving in instead of moving out, unlike what happened during the recession of 2008. Moving to Nevada is again a popular notion in 2015.
United Van Lines recently released a 2014 Annual National Movers Study showing Nevada as the country’s 6th most popular destination for relocation. The report is based on a U.S. Census report released December 23rd, 2014, where Nevada was ranked as the second-fastest-growing state in the nation.
Robert Lang, Executive Director for Lincy Institute and also director of Brookings Mountain West at UNLV, said, “the state is on the way to recovery since the crash in 2008. It’s not where it was, but relative to other states, it’s in its place again. It’s where Nevada belongs in that order of things as a growth state.”
People are coming to Nevada because of employment. About 25% said that it’s for a new job, 20% said it was a transfer of the company, 15% said it was personal, and some brought up miscellaneous reasons like lower cost of housing, no taxes, quality education, etc.
The warm sunny weather of Nevada is a big turn-on for retirees who are coming from areas that experience snow yearly. It’s a desirable change of climate, from freezing and windy to summer almost the whole year.
Lang said, “We’re becoming more so (a magnet for retirees) than in the past and that’s good news because most of the retirees are wealthier… They’re not looking for employment. They don’t commute… They are quite a bonus to have… most of the elderly, who can afford to pick up and move, are higher-resource elderly.”
Let’s face it, Nevada offers a lifestyle that is hard to beat. It’s surrounded by some of the world’s best forms of entertainment, outdoor activities, dazzling mountain views, trails and the world’s biggest adult playground on the planet. Locals have world-class amenities just within their reach. So how can you say no?
Are you interested in moving to Nevada? Want to get more details about the real estate situation here, specifically, Las Vegas? Reach out to us! Our team driven real estate professionals will be happy to answer all your questions. Contact us today!]]>
One design that never goes out of style is “natural beauty.” Use nature to surround you in your bathroom area. Materials like wooden planks for your walls, onyx countertops, or other natural stones can really bring in a calming vibe to your bathroom space.
Don’t forget to bring in some greens. Indoor plants make great accessories. You can use potted plants, cascading creepers or a vertical garden for your wall to bring it to life.
More and more homeowners are opting for custom made vanities over mass produced products. They want designs that work for them and translates their personal taste, whether it’s an ultra-modern floating vanity or a more contemporary version.
Touchscreens controls that operate the shower flow, temperature, mix of water, and lighting are very hot and will continue to be hot for years to come. The models may change, but the technology will remain. Today, it’s not enough just to have basic showers, basins and faucets in your bathroom.
It’s the time of multiple showers, shower-bath combinations, touchscreen panels, sensors activated flushometers.
The “ordinary grout” is slowly transforming itself into a design element. Grout can be used to accentuate patterns, tile layouts and even highlight tiles by using contrasting grout color. Geometric shapes and colored grout are expected to become big in 2015.
Freestanding tubs will continue to be a fascination and also a must for many homeowners looking to buy this year. Freestanding tubs are more exciting than the regular bathtubs because of their sculptural designs. They bring softness and inspiration to the usual angulated bathroom. They set the mood and are a great symbol for relaxation.
But if what you want is a combination of a built-in tub and a freestanding tub, then a semi-inset stand-alone bath is the way to go. This style incorporates the look of a freestanding tub with the perks of a built-in tub.
Going green was a popular trend last year and it will continue to be a hit in 2015. More and more homeowners are becoming aware of the environment and with this growing consciousness comes the growing demand for more environment-friendly products that work with nature rather than against it.
If you have materials from your old bathroom that you really like, don’t throw them out, you can always incorporate them in your new design.
Lighting is the best way to dress up any room. You can choose from a sensor light, an accent light, or a feature light. And if you want a more dynamic effect, you can incorporate colored LED lighting to your bathroom design.
Which bathroom ideas for 2015 would you incorporate in your bathroom design? Do you have thoughts on any of these bathroom designs? Share it with us! Leave your comments in the field below.]]>
Howard Hughes Corp., owner and developer behind this successful master-planned community, is already poised to build Summerlin’s first age-restricted community since the 90s. It’s going to be huge, it’s going to be extravagant and it’s might just become the state’s most expensive residential project.
This move is a no-brainer for the multi-awarded commercial and residential developer. Southern Nevada’s economy is gaining a lot of activity and this is the perfect time to test the market for this type of luxury apartment neighborhood plus a resort-like housing project. Summerlin is the ideal location for these types of developments because Summerlin controls 10% -12% of the state’s residential market. These projects could well be the mold in which the new Valley would take shape.
John Restrepo, a local economist said, “Summerlin is a leader in the residential area. It sets the trends and it sets the sentiments. Other builders look at Summerlin and say, “Ok, let’s say what they’re doing.”
Dennis Smith, the CEO of Home Builders Research, said “You’re going to see money start loosening up, and more developments start to show up. If Summerlin does well, the rest of the market will follow.”
Kevin Orrock, President of Summerlin and Vice-president for Howard Hughes Corp., said “We’re bullish on the market. When we look at the Southern Nevada economy, it feels good. People are excited. It isn’t what it was at the peak, but it doesn’t need to be. What we need is a good, sustainable market, which I think we’re seeing now. We’re way off of what I would call a normal market, but we’re also off of the bottom, so we’re all moving in a good direction.”
Howard Hughes Corp. unveiled its first age-restricted village after the recession. It will have a “desert contemporary” feel and look, which is something new compared to Summerlin’s traditional stucco-and-tile homes. House finishes will range from glass, metal, and even various types of woods.
Orrock added, “In the 15 years since we started our first age-qualified community, ideas have evolved a great degree. You are going to see baby boomers who are really very active, and that’s why trail systems will be such a big part of the development.”
in the Paseos Village, six new neighborhoods will rise and will have about more than 800 homes. Howard Hughes Corp. will join with Discovery Land Co. of Arizona to start building 250 houses on 555 acres of land. Some estate will have as much as three acres and will probably be the least dense neighborhood in the city, if not the state.
Prices of lots in this soon to rise community will range from $2 million up to $8 million, with home prices ranging from $1.5 million up to a whopping $12 million.
Howard Hughes Corp. will also have a joint project with The Calida group. The project is to build a luxury apartment complex in East Downtown Summerlin, which will be named The Constellation. It will have services such as on-call masseuse, aesthetician and other forms of pampering for residents. Construction will start in January 2015 and will be move-in ready before the end of 2015.
What are your thoughts about these new projects coming to Summerlin this year? Do you think it’s too much for a recovering market? Share your comments in the field below.]]>