Robin Smith, Las Vegas Builder Trade In

A new study says an overwhelming majority of millennials want to be homeowners, but student loans are holding them back

by Builder Trade In Program Dec, 10

For many millennials, the idea of homeownership is still a big picture dream, with a new study saying 89 percent plan to purchase a home in the future — but simply can’t because of student debt.

According to a recent study released by Apartment List, 6,400 millennial renters nationwide were surveyed in regards to their plan for owning a home. Despite the majority of young people wanting to migrate away from renting, 48 percent have nothing saved for a down payment.

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CONCORD BY TOLL BROTHERS IN CADENCE

by Builder Trade In Program Dec, 07

Concord by Toll Brothers has 78 home sites in Cadence.  The homes are now for sale available at pre-construction prices.  The homes sit on 15 acres of land in the master-planned community of Cadence in Henderson.

All the homes in this neighborhood are single- story homes ranging from 2,086 to 2,378 square feet and prices start at $409,995 with up to four bedrooms, 3 ½ baths and three-car garages.  The neighborhood is filled with amenities like parks and trails and the home lots are big enough for backyard pools.

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CENTURY COMMUNITIES OPENS TWO NEW NEIGHBORHOODS

by Builder Trade In Program Dec, 04

Century Communities is committed to building friendly neighborhoods and quality homes for today’s homebuyer.  The development company will be opening two new communities in Southern Nevada in December.

This past weekend they held a grand opening at Versillia in Southern Highlands located at 11587 Monte Isola St.  This is a gated community with four different floor plans ranging from 1,735 to 2,605 square feet.  The two-story homes start in the low $300,000s.  The homes include stainless steel appliances, granite countertops, paver driveways and other amenities.

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Home Prices Up 6.34% Across the Country!

by Builder Trade In Program Dec, 03

The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.

In the report, home prices are compared both regionally and by state.  Looking at the breakdown by state, you can see that each state is appreciating at different rates.

Based on the latest numbers, if you plan on relocating, waiting to move may end up costing you more!

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New Home Friday 11-30-2018

by Builder Trade In Program Nov, 30

Metrostudy forecasts a mixed bag of good, bad news

by Builder Trade In Program Nov, 26

Metrostudy chief economist Mark Boud and his team recently released their analysis and forecasts for the fourth quarter of 2018. The number-crunching indicates smooth sailing for the not-so-distant future with turbulence expected by 2020.

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LET NEVADA TRADE IN PROGRAM HELP YOU JUGGLE BUYING AND SELLING AT THE SAME TIME

by Builder Trade In Program Nov, 20

There are many people that would love to purchase a newly built home. However, they have to sell their existing home and don’t know how to accomplish doing this at the same time.  Look no further- the Nevada Builder Trade In Program can help you do both and get the best price for your existing home.

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Homebuilder confidence plummets to the lowest level in more than two years as 'demand stalls'

by Builder Trade In Program Nov, 19

Rising mortgage rates and continued home price growth are hurting affordability and fast becoming a toxic cocktail for the nation's homebuilders.

Sentiment among homebuilders dropped 8 points in November to 60 in the National Association of Home Builders/Wells Fargo Housing Market Index. That is the lowest reading since August 2016, but anything above 50 is still considered positive. The index stood at 69 in November of last year and hit a cyclical high of 74 last December.

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New Home Friday 11-17-2018

by Builder Trade In Program Nov, 17

Here’s How the Labor Shortage Is Impacting Housing, by the Numbers

by Builder Trade In Program Nov, 12

NAHB Economist Robert Dietz breaks down the ways the lack of skilled construction labor is affecting the housing market.

 

Among the benefits of firming economic growth—GDP increased at a 4.2% annualized rate in the second quarter of 2018, the fastest pace since 2014—is ongoing job creation and low unemployment. At 3.7%, the current unemployment rate risks being too low. Right now there are more open, unfilled jobs in the economy than there are unemployed persons to fill them.

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