Robin Smith, Las Vegas Builder Trade In

Homebuilder sentiment drops in June due to soaring lumber costs

by Builder Trade In Program Jul, 02

U.S. homebuilders are thrilled with demand for housing, but they say they are being hamstrung by rising costs for lumber.

Builder sentiment fell 2 points to 68 in June, according to the National Association of Home Builders/Wells Fargo Housing Market Index. The index stood at 66 last June. A reading above 50 is considered positive sentiment.

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Why Have Interest Rates Jumped to a 7-Year High?

by Builder Trade In Program Jun, 25

 

Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors.

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SKYE CANYON PHASE TWO NOW OPENED WITH MODEL HOMES TO VIEW

by Builder Trade In Program Jun, 25

This past weekend Skye Canyon, in the northwest part of the Las Vegas Valley, had a grand opening of Phase Two with sixteen model homes to view in six different neighborhoods. The homebuilders are Pulte Homes and Woodside Homes, both these builders are partners in the Nevada Builder Trade In Program that the Smith Team operates. Additionally, models were opened by two other builders, Pardee Homes and Richmond American.

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TWO NEW NEIGHBORHOODS OPENED IN TULE SPRINGS BY PARDEE HOMES

by Builder Trade In Program Jun, 21

Blackstone and Larimar from Pardee Homes opened this past weekend in The Villages at Tule Springs, an area of North Las Vegas.  There are seven model homes to view in this community.

The Blackstone neighborhood offers four roomy floor plans with prices starting from $398,000.  Plan 1 is a single-story home that measures 2,571 square feet and has three bedrooms.  There is Plan 2 measuring 3,197 square feet, Plan 3 offers 3,481 square feet and Plan 4 is 3,892 square feet.

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How A Lack of Inventory Impacts the Housing Market

by Builder Trade In Program Jun, 18

The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. The market will continue to strengthen in 2018.

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BEAZER HOMES PARTNERS WITH NEVADA BUILDER TRADE IN PROGRAM

by Builder Trade In Program Jun, 16

The Pearsons lived in their existing home for 22 years and decided that it was time for a change.  They looked around at new homes and found their ideal home in a newly built Beazer Home neighborhood. 

The area located next to a mountain hillside was perfect for them since they like to hike and bike.  They found a lot adjacent to the mountain and it was instant love.  Now it was time to purchase the home while selling their current house.  The Beazer Home agent suggested they contact the Nevada Builder Trade In Program operated by me and my twin brother Robert.

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CCSD WILL BE OPENING AN ELEMENTARY SCHOOL IN INSPIRADA

by Builder Trade In Program Jun, 14

While we are enjoying summer break, the final touches are being put on Robert and Sandy Ellis Elementary School opening this August for this coming school year.  This will be the first Clark County School District elementary school in Inspirada, the award winning master-planned community in Henderson.

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SOME VILLAGES IN SUMMERLIN ARE OFFERING MOVE-IN-READY HOMES

by Builder Trade In Program Jun, 13

Summerlin is one of the best master-planned communities in the entire country and has won many awards throughout the years.  The community consists of over 180 floor plans in 36 neighborhoods and range from single-family homes to townhomes with prices ranging from the $200,000s to way over $1 million.

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US homeowners gained $1 trillion in the last year as their housing values jumped

by Builder Trade In Program Jun, 11

Fast-rising home prices may be a roadblock for buyers, but they are putting some homeowners on Easy Street. As home prices rise, so does the percentage of home equity for those owners with a mortgage.

Home equity jumped 13.3 percent in the first quarter of this year compared from a year earlier, according to CoreLogic. For the average borrower, that translates to $16,300 in additional home equity gained during the year, or a collective $1.01 trillion. That is the biggest gain in four years.

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THE TRAILS IN SUMMERLIN ARE A FAVORITE AMENITY OF RESIDENTS

by Builder Trade In Program Jun, 06

The award winning master-planned community of Summerlin offers many amenities to its residents. However, the 150 miles of the trail system are the most popular amenity according to resident surveys.

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