The Southern Nevada Real Estate Show

Wesley Knight 0:00
This is a Kun V studios original program. You're listening to special programming brought to you by ragana COVID Henry of Coldwell, banker, Premier Realty. The content of this program does not reflect the views or opinions of 91.5 jazz and more the University of Nevada, Las Vegas, or the Board of Regents of the Nevada System of Higher Education. You

Regana Kooman Henry 0:37
welcome to the Southern Nevada real estate Show. I'm your host, ragana. I am a real estate agent and broker, associate with COVID banker, Premier Realty. I have been a licensed real estate professional since 1991 I am also a full time licensed real estate professional. Some of my accomplishments are, I am a quality service award winner. I am a member of the veterans associations of real estate professionals and I have assisted in all types of real estate transaction over the years, from first time buyers to experienced sellers, and also corporate buyers and sellers transferring in and out of Southern Nevada. Later on in the show, I will go over some important information for buyers and sellers, including how as a seller, you can get needed repairs and improvements done on your home before your home hits the market. For showings to potential buyers, without you having to worry about paying for the repairs and home improvements done until your home is sold. I will be talking also about how there are many necessary things to consider, yes, when purchasing a home, various options for mortgage loans, including down payment assistance programs. Also, I pay close attention to detail with all my written contracts and documents that my client sign. And also, I will be talking about how I put all the necessary steps I do for you as my seller or my buyer client in writing as part of the written contract. When hiring me, that's right, in writing as part of the contract, not all real estate agents are willing to do this. However, I will guarantee my services in writing to you as part of the written contract agreement. In the later part of the show, I will also be going over the stats for March, for the Southern Nevada real estate market. Yes, listeners, you will have another month of abundance of current and helpful information regarding the Southern Nevada real estate market. So let's get started, everyone, and good morning and welcome to my show. How is everyone doing this morning? The weather has been so nice, so perfect, like 70s, mid 70s to 80. Perfect weather, right? Almost like being in San Diego without the ocean. Now here, you know, here in Southern Nevada, the temperatures are gonna get a lot more hot. It's gonna start heating up. And that's why we have Mount Charleston, guys, that's what Mount Charleston is for. Depending on what part of town you live on, you can get to Mount Charleston in a matter of minutes to a little over an hour. And the best part about the Mount Charleston area is that it's at least 30 degrees cooler than the Las Vegas area is in the middle of summer. It's a great escape from the Las Vegas summer heat. Now there's going to be something for everyone to learn this morning on my show. One important thing, and I know I always emphasize this, but it is very important. I'd like to mention again, the real vitalized program for sellers that want to get top market price for their home, however, do not have the money to do the necessary repairs or renovations necessary in order to get the top market price. With the revitalized program, you can have the repairs done up front, that's right up front on the home before the home even hits the market, and you do not have to worry about paying for the repairs until the home is sold. For more information on this program. My number is 702-596-1267, and for any of you listening today that don't know where to turn or what to do regarding either selling or purchasing a home, just remember that you have 100% dedicated, knowledgeable and professional real estate agent that's in your corner that has helped many clients for over three decades as a full time career that is me, and for more information on how I can best help you with your real estate goals, whether you're looking to purchase or sell a home, my number again is 702-590-6126, oh, two, 596, 1267, now on another note, people are asking me all the time if I think that the interest rates are going to come down in the near future, well, let's just say for kicks that it does come down enough for the buyers on standby to jump back into the market all at the same time. Time in order to take advantage of those low interest rates. What do you listeners think would happen as a result of that? Well, do you remember what happened the last time interest rates dropped? I'll tell you what happened. There was a buying frenzy of people bidding on homes, and that is how the prices of homes became so much higher. You may be thinking, what should you do? Then? Should you wait to jump back into the housing market with everyone else that's waiting at the same time? Well, the answer is no. What you need to do is evaluate if you can afford to purchase now and then when the interest rate does drop, then refi the rate at that time, as the saying goes, marry the property and date the rate. And for anyone listening right now that would like to sell their home and upgrade to another home, let's talk numbers and see if now is the right time to do this. And I also, I want to mention, also to the listeners out there, that everyone's situation is different, and it's not a one size fits all regarding your real estate needs and goals. As I always mention, a home is normally the most expensive asset that someone will ever sell or purchase in their lifetime. And who you hire to represent all your real estate needs and goals matters. My number is 702-596-1267, that's 702-596-1267 experience matters. I have over 30 years full time experience as a real estate professional, and some of my many awards include quality service award, which I feel is most important to help my clients, also diamond Society Award, picture of success award, and I'm also a member of the Veterans Association of real estate professionals. And I have helped many people, hundreds of people, relocating in and out of Southern Nevada. I love working with a variety of different people from everywhere across the globe. I have assisted sellers that live out of state, out of the country, in selling their home. And I've handled everything without the seller even having to come to town. And many of these out of state or out of country sellers I have never met now, these out of state sellers or out of the country sellers were referred to me from my past clients that were happy with me when I assisted them with their selling and purchasing needs. I have also assisted out of state buyers also with the purchase of a home here in Southern Nevada without ever meeting them in person, because they too were referred to me by some of my past clients that let their friends and family know that they can trust and depend on me to always do the right thing by them. And now there are some people out there that think that, for example, real estate agents such as myself even are only looking out for our pay, like our commission at the end of the day, and not the customer's best interest, because we get paid on commission, after all. Well, just like any job or career, you will find good, honest people and also bad and dishonest people. Not all realtors or sales professionals in general are cut from the same cloth, and being a real estate professional is a career, okay? It's a career, even though we are selling real estate and are not salary employees. You know, some of us do have very high standards and have a good work ethic and to learn more about me and how I do business. My number is 702-596-1267 that's 702-596-1267 now, for anyone thinking of selling right now again, my number is 702596126 702-596-1267,

or if anyone is thinking of purchasing a home right now, and I promise to give you proper communication and virtually hold your hand throughout the whole transaction. Now, if you would like a market analysis on your home to see if now is a good time to sell your home. I'm here to help you with that information, and also I don't remember if I ever mentioned that I am a marketing and staging specialist, because the way you live in your home is not the same way you show your home to potential buyers, and I am able to help you with staging your home in order for you to get the top dollar for your home. As I mentioned earlier, the program for sellers is an option for all you homeowners out there listening that want to sell your home for the top market price. However, you do not have the money at this time to do the necessary repairs or improvements on the home for the home to show at its best. So this program will allow you to not have to wait for you to save up enough money to be able to do those necessary repairs or improvements on the home in order to take advantage of getting the most money for your home at today's market value. Because you can have the work done before the home is even shown and hits the market. So and also, for all you listeners out there that listen to my show, don't forget that I can help you to sell or purchase a home in all 50 states. I can do an outbound referral through my company's relocation department to assign you to an experienced, licensed real estate agent in any of the 50 states, so you do not have to look for an agent on your own. And the beauty of this service is that there is no charge to relocate and assign you a professional real estate agent in another state. Plus, I do stay in touch with that real estate agent that is assigned to you to make sure that everything is going as smooth as possible for your buying or selling transaction. Now, some of you listening this morning may have had your home on the market for a long period of time without a single offer on your home, and maybe maybe not a single showing of your home either, and maybe that home actually expired off the market, meaning your contract with the real estate agent that had the home on the market expired and you have not decided on if you still want to sell your home. Now, if this is the case, we need to definitely get together on a one on one basis to figure this out together regarding why your home did not sell within the contracted time period with your current real estate agent. Many times, it just takes the right marketing, the right strategy, the right systems in place in order to attract quality buyers to consider your home and make a decent offer. Now on another note, for all you listeners out there that are thinking of purchasing a home this year and are confused if you should move forward with your goal of purchasing a home this year because you're concerned about what's going to happen in the real estate market for the next four years. Well, don't be the real estate market in general is always shifting. Think of it as a long term investing for your future. Hold on to the home you purchased this year and sell it once you have enough equity built up on the home, or you can rent the home out and turn it into an investment home after a few years, I have seen all the ups all the downs of the Southern Nevada real estate market. Since I have been a full time agent here continuously in Southern Nevada for over 30 years, I still consider real estate after all this time, to be one of the best investments you will ever make, and for all you first time home buyers listening to my show this morning, if you are in need of down payment assistance. I do have lenders that can explain in detail about down payment assistance programs that are available, and there is never a perfect or bad time in general to purchase or sell their home. It just depends on the individual. And what is the individual person's best options at the time. You can compare the timing to purchasing a home to, let's say, getting married or even having a baby. I mean, is there ever a perfect day and year to have a baby or get married? Sometimes you have to go with your gut feelings and instinct and dive right in to improve your life and surroundings and make yourself and your family happy and secure with owning your own home, as opposed to renting and wasting 10s of 1000s of dollars on rent each year that is only benefiting your landlord and will never, ever allow you and your family wealth and stability from owning your own home. Now, for example, if you paid $2,000 a month on rent, that would be equal to $24,000 a year. Now let's say we times that by 10 years, that would equal $240,000 to rent that same home for 10 years. Or you could have paid cash for a condo here in Southern Nevada with that much money you have been wasting on rent. And on a side note, I remember, and it was so touching. I remembered helping a young couple from California to purchase their very first home many, many years ago, and they were both so grateful. They were so young, so grateful and appreciated all that was being done to get them into their first home, and it was such a joy to help them through the home buying process. And one thing that always stuck out from that couple is when the transaction was completed and I met with the one buyer at their new home that evening to give her the keys. I remember so clearly that I gave her the key at the front door. I met her at the front door of her new home and let her open the door and walk in her home. And after she walked in her home, I was behind her, you know, once she walked in her new home, she turned around to look. At me and with happy tears, tears in her eyes, she says to me that I I have the most amazing job in the world as she was wiping those happy tears from her eyes. And it's moments like these that is the reason why I do what I do. This is why I choose to be a real estate professional for my career path to make a positive difference in someone's life. Now, I have also assisted buyers that live in other states, like California, and there was one particular couple that wanted to invest in homes to rent out, and they let me be their eyes and ears because they owned a thriving business in California, and they didn't have time to come here to Vegas to look at homes. And this couple has purchased 12 homes from me over the years, and they never come to look at the homes that I sell them until the transaction is actually over and they actually own the home. That's how comfortable and confident they are with me to do the right thing each and every time for them, with all 12 homes that I have sold them and my clients know that I am looking out for their best interests in order to keep a good business relationship. And for those of you listening that don't know this about me, I was born in upstate New York, Rochester, New York, exactly. I was not close to my father. However, I observed him from a distance. He was a very successful real estate broker and an appraiser, and I learned a lot from him from a distance. Now, my mother, she was the one who actually convinced me, actually pushed me, because I wasn't thinking about it at the time, to become a real estate professional. And I finally caved, and I pursued my real estate career in 1991 which was a year after moving here to Southern Nevada, and I never looked back. I actually enjoyed it. I didn't think I would, but I actually really enjoyed and loved my career. I have many, many more memorable and inspiring moments. However, I have to condense my moment, since this is a 30 minute show, let's get into this now. Many things are still driving more people to move to Southern Nevada, such as newer resorts and casinos, the Raider sports team and many other sports teams that's here and talks of even expanding Hollywood studios to Las Vegas and so much more growth to Southern Nevada than I have time to talk about in these 30 minutes. Now, if you are a first time buyer, you may be nervous. You might be nervous about the process, and by knowing the process better and how it works, will definitely help you to not be so nervous for more information and a one on one appointment, my number is 702-596-1267, and you know, there are so many things to consider when purchasing a home, such as location, zoning laws, HOAs resell versus new construction areas with The best price per square foot and yard sizes, what type of loan is best for you and how much money you will need, timelines for beginning of contract to the time you get your keys to move in solar panels versus a home without solar panels, what mistakes to avoid? That's a good one, and so much more to consider, and it's important to have a real estate agent that is knowledgeable and in your corner. Again, my direct number is 702-596-1267, also, if you would like information on what the experts are saying, where they see the real estate market in the next six months, my number again is 702-596-1267,

now, if any of you listening are thinking about retiring here in Southern Nevada, and Southern Nevada is a big retirement community. I do have a lot of knowledge and experience with age restricted communities. I can guide you, as my client, to the top age restricted communities, just based on your preference of location. For more information and an appointment, my number again, 702-596-1267, now, there is so much to do here in Southern Nevada without ever gambling at the casinos. I mean, we have award winning golf courses, many world famous restaurants, beautiful parks, national parks, homes that back up to man made lakes and waterfronts. Some of the largest conventions in the world are right here in Southern Nevada, as well as popular sports teams and world famous shows and plenty of concerts all year round. We have even a ski resort, which is at Mount Charleston that I mentioned earlier. And I am here to let you know that if your goal is to sell a home or purchase. Home this year, then I am definitely here to help you. Anything worth having in life takes some effort, so don't be afraid to make this year the best year ever for your real estate goals. And you know, when a person is committed to purchasing or selling a home, that is when real progress can be made for that person's real estate goals by taking the necessary actions needed to purchase or sell a home, you are now committed to allowing your real estate goals to become a reality. And I know someone out there listening right now needs to hear this a healthy and successful business or even personal relationship can exist and will not last if these things don't exist, mutual and effective communication between both people, mutual reciprocation between both people, trust between both people, and for example, regarding number one, communication without me effectively communicating with my clients as well as my clients, not communicating their needs and concerns to me, will not result in a successful and pleasant transaction. And number two, if my clients and I do not reciprocate with mutual and agreeable language and actions, not interacting from the beginning to the end of the transaction, and without my clients feeling that we are all on the same page, there would not be a successful and pleasant transaction. And number three, trust. If my clients don't trust me for some reason, then there will not be a successful and pleasant transaction. I truly believe, when you go to work and love what you do, then it doesn't feel like work. And after all these years, I still enjoy and get a rush from handing the keys to a buyer purchasing their first home, and also from selling a home and observing how happy the sellers are when they realize the profit that they made from selling their home. And I have a huge conscience for doing the right thing for all my clients, and I wouldn't sleep at night peacefully if I didn't do the right thing for all my clients. So with that in mind, I want to let you know that you can count on me. I am the realtor for all seasons, and again, my number is 702-596-1267, now I totally respect all my clients, and I'm always truthful with them, even if it's something they may not want to hear at the time, because I do understand that the purchase of a home is usually the most expensive purchase that someone will ever do, and I take that very, very seriously. So now let's switch gears and get into the real estate stats for March in Southern Nevada, four resale homes, and also condos and townhouse knowing the stats will give you that knowledge that you need in order to make an informed decision. Okay, so here goes. There were 20 142 single family homes that sold in March. $485,000 was the median price of a single family home that sold in March and there were 3340 new single family homes listed now. $525,000 was the median price of all new single family home listings. 559,999 is the median price of all single family homes available new and not new on the market, excluding offers, 56.9% of all single family homes went from available to under contract in 30 days or less. Now let's switch over to condos and townhouses. There were 570 townhomes and condos combined that sold. $306,495 was the median price of all condos and townhomes combined that sold and there were 1053 new condos and townhome listings combined, and 300,000 was the median price of all new condos and townhome listings combined. And 285,000 was the median price of all condos and townhome listings both new and not new on the market, excluding offers, and 54.2% of all the condos and townhomes combined sold in 30 days or less. And all these stats, by the way, are from the Las Vegas realtor board. And if you missed any of these current stats, you can reach me at 702-590-6127. 5961267, that's 702-596-1267,

so I hope that you had a list of valuable information from me today, and also Happy Easter to everybody. I hope everyone is having a wonderful. April, Sunday, Easter Sunday. And you know, if you have any questions, any concerns, anything at all, that you would like to address, I'm here for you. I take my job very seriously. I am more than detail oriented with everything I do as a real estate professional to ensure and guarantee that you will have the smoothest transaction possible, whether you're purchasing a home, either your first home, or not your first home, or selling your home. I'm detailed. I am very focused on you, and I will always explain everything in full detail so you're not lacking information and to move forward and feel comfortable and confident that the job will be done right the first time. And I am ragana Cooman Henry with Coldwell Banker, Premier Realty. I'm your host for the Southern Nevada real estate show that airs every third Sunday of the month at 8:30am and my number is 702-596-1267 that's 702-596-1267 and my license number is B, s2, 7880, and you can follow me on Facebook, Instagram, tick tock and YouTube. Thank you so much for listening to my show this Easter Sunday, and I wish everyone listening today a great Easter Sunday and a great week. You.