Homes for Sale in Henderson, NV | Henderson Short Sales | Multi-Family Units in Henderson, NV

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Posts Tagged ‘Homes for Sale in Henderson NV’

Investments of a Lifetime: Short Sales in Henderson, NV

Thursday, June 17th, 2010

So you have heard all of the buzz about the real estate market, and perhaps now you are considering purchasing an investment property for the first time. Maybe you have no idea where to begin, or which location to purchase a property within. This is not an unusual scenario. Many people out there are facing the same decision, yet they are too afraid to get the information they need to succeed and ask questions along the way. This article will discuss reasons why buying a short sale in Henderson, Nevada can be the investment of your entire lifetime.

Henderson is a city located right outside of Las Vegas. It is the second largest city in Nevada. Many families move to Henderson to get away from the craziness of Las Vegas. Many families with a working parent decide to move to Henderson for its more tranquil and peaceful vibe. This is good news for you, the real estate investor. This means that as people continue to move to Las Vegas for jobs, you can expect to see real estate values rise in Henderson.

Another reason to buy a short sale in Henderson, is because you can score luxury properties for affordable prices. This has never been the state of the real estate market. Typically luxury properties are called “luxury” for just that-they are unaffordable for the rest of the public. Now is your time when you can afford to buy a luxury property for up to 75% off the typical price. Now is your time to invest and receive the dividends in years to come.

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Condos in Henderson, NV

Tuesday, May 25th, 2010

You can find plenty of good condos in Henderson, Nevada. You want to make sure that the realtor that you are working with points you in the direction of a condo that is big enough for your needs. Some of the condos in the area are simply too small for people who may have large families. You may soon realize that the small size of some of the condos in the area are why you don’t see more people actually bidding on them.

You may be able to find condos that are big enough to have several bedrooms. That means that you can stay there and have company for just over seventy five thousand dollars in total. That is a good deal for you. You can always develop other things on your land where your condo happens to be, the options need to be open to you. If your condo happens to be close enough to a place outside of town, you may be able to do some hunting if you want to. The truth of the matter is that many people may need a condo where they also happen to need a gun rack as well. Hunting and hunting rights can be very important to the people of Henderson.

You have to remember that the process of obtaining a mortgage for a condo is just like the process of obtaining a mortgage for a home. The mortgage lenders who will be helping you buy this mortgage will do everything they can to get you the best possible deal.

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SHORT SALES OPPORTUNITIES IN HENDERSON, NEVADA

Monday, May 3rd, 2010

A short sale is a sale where the bank allows a borrower to sell their house for an amount that is less than mortgage on the property. The term, ‘short sale’ refers to the money involved in the transaction. The proceeds of the sale fall ‘short’ of the amount required to satisfy the mortgage, but the lender accepts this amount as full payment of the mortgage.

As anyone who has ever dealt with the short sale process knows, it is anything but short. Most short sales involve a long, long time dealing with people far, far away. It fact, many potential buyers walk away from short sale real estate transactions because the process is often so daunting and drawn out.

Recent legislation, which took effect on April 5th, 2010, is aimed at streamlining the short sale process. This legislation standardizes forms, guidelines, and timelines that the lenders are required to follow. This should help troubled borrowers avoid foreclosure and assist potential home buyers navigate through the short sale process.

The latest statistics for the Henderson real estate market indicate that the number of short sale closings is increasing. The number of short sales available is also increasing. This number should increase as more lenders are being coaxed, with financial incentives through the HAFA program, to speed up the short sale process and provide better options for the seller and potential buyer.

You may be able to get a good buy on your home through a short sale. However, unless you are experienced in real estate, you may find the process intimidating. This is where your local real estate professional can assist you with the process from start to finish.

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BUYING INVESTMENT PROPERTY IN HENDERSON, NEVADA

Monday, May 3rd, 2010

Looking for a good investment? Look no further the real estate market in Henderson, Nevada. There are some great deals to found in real estate. As Warren Buffet once said, “Don’t show me the best place to invest, show me the worst.” What he meant was that the best place to make money is where other people aren’t investing. That may be the case in Henderson right now.

Henderson (part of the Greater Las Vegas metropolitan area) is one of the communities ranked high in foreclosures and real estate price declines over the last several years. That means that there are more sellers than buyers and consequently prices have declined. Is now the right time to snap up some of these bargains?

History would say “Yes”. When real estate prices drop below replacement cost (as they are in some neighborhoods in Henderson), then prices will stabilize and begin to rise in short order. When you factor in current low interest rates with these low prices, that makes for a great scenario for potential profit. In fact, the Henderson real estate market is beginning to attract investors from around the country who are purchasing investment properties. Perhaps these investors have listened to Warren Buffet.

The only type of real estate that you should wary of is commercial property. While the economy is showing signs of a recovery, commercial real estate may be the last segment of the economy to recover. People always need a place to live, but businesses can relocate or close, decreasing the demand for commercial space.

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Condos in Henderson, NV

Thursday, April 15th, 2010

Plenty of condos are to be found in Henderson, Nevada. Being the 2nd largest city in Nevada and just 7 miles from the Las Vegas strip, a lot of people are attracted to Henderson’s location. Many can be found ranging from $35,000 to $1.2 Million. Due to rising costs within real estate in Nevada, many land developers have provided affordable housing within Henderson.
Such condominiums as Traverse Point, located off the 215 Beltway have affordable housing in the mid $100,000 range, and offers 1-3 bedroom designs and come with washer and dryers as well as a private balcony. The floor plans available at Traverse point have a 700-1200 sq. ft. range. Another condo track would be Bighorn at Black Mountain. These are located near the 515 and the 95 freeway, and start around $160,000 and their floor plans range from 750-1350The area is fully gated, has tennis courts, RV and boat parking, pools and a gym for all its guests and residents.

As for the more expensive but better amenities would be The District located along Village Walk Drive. These rather large condos are very elegantly styled and range from 900-1800 square feet with a larger price tag in the $400,000′s. Near the Lake Las Vegas Resort is the Prima luxury condominiums which is surrounded by the Reflection Bay golf course. All the residents of Prima have access to Lake Las Vegas and all it’s amenities. The Prima has floor plans from 1600 to 3500 sq. ft. all having views of the golf course.

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Multi-Family Units in Henderson, NV

Monday, March 29th, 2010

You can find plenty of multi-family units in the likes of towns like Henderson, Nevada. Someone who invests in a home for the first time can even use the first time home buyer’s tax credit in order to make sure that they can get the best possible deal they can find. The best possible deal they can find may be closest to some of the finest schools in the Henderson area. You want to explore other tax credits within the tax code that can help a first time home buyer. You have to talk to your accountant about the exact goals you want to completely by buying the home and whether or not people in Henderson can qualify for these tax credits. Multi-family homes may get more tax breaks than some would like to see you think.

Some people who leave Congress and then go on to become a wealthy lobbyist mainly focused on helping the state of Nevada could be able to end up buying a multi-family home in Henderson, Nevada as a rental property. This property could end up being quite a great deal because so many people are often wanting to live in a great city like Henderson.

If you happen to want to live in a great city like Henderson, you also want to make sure your multi-family home in Henderson does have internet access. The use of the internet in order to order to start businesses and provide private start up capital is crucial. Broadband access is available in Henderson.

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Henderson Investment Properties

Friday, March 19th, 2010

While falling housing prices and high rates of foreclosures have affected many different housing markets across the country, the rates in Henderson, Nevada have been worse than those in most cities.  Henderson, Nevada, which is an upscale community located southwest of Las Vegas, has suffered dramatically from the housing bubble boom and bust.

The median housing sales price in Henderson more than doubled between 2001 and 2006, as the median housing sales price topped out over $350,000 in late 2006.  After the nation’s housing bubble burst in early 2007, the median sales price in Henderson began to drop dramatically.  By the beginning of 2009, the median sales price in Henderson was back below $200,000.  While housing prices did drop dramatically, they appear to have leveled off as the median sales price has been stable for the past few quarters.

With the housing prices in Henderson at such low and relatively stable levels, it appears that now may be an excellent time to invest in real estate in Henderson.  The best investment opportunity in Henderson may be to purchase a foreclosed property.  There are plenty of foreclosure options for Henderson investors.

As of February 2010, one in every 91 Henderson homes had received a foreclosure notice.  The zip code with the highest concentration of foreclosures in Henderson is 89052, which has a foreclosure notice rate of 1 in every 41 homes.  The median asking sales price for a foreclosed home in Henderson is about $177,000, which is slightly lower than the cities overall median sales price.

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Buying a House in Henderson, NV

Wednesday, December 23rd, 2009

Henderson, Nevada is a known as a community of small town values with big city efficiencies. Henderson is a thriving and developing suburb of Las Vegas. 250,000 residents rank Henderson behind only Las Vegas as Nevada’s most populated city.

Henderson offers many housing choices, one of which is bound to meet your needs. Housing includes town homes, condominiums, retirement communities and ranch style single-family homes. With housing options starting in the $200,000 range, Henderson is an affordable option for beautiful desert living.

Henderson has a thriving independent economy. Local employers include: Rose Dominican Hospital/Siena Hospital, Ford Motor Credit, Good Humor-Breyers Ice Cream, Poly West, Levi Strauss & Company, Ethel M. Chocolates, Berry Plastics, Ocean Spray Cranberries, Inc., Graham Packaging Company, Interstate Bakeries Corporation and Pro-Caps Laboratories.

Its independent economy and the short 15-20 minute commute to Las Vegas are a big reason why Money magazine recently placed Henderson on its “Top 100 Places to Live” list.

There are plenty of entertainment options for the Henderson resident to enjoy. Besides the seemingly endless Las Vegas strip entertainment choices, Henderson residents have easy access to: the Hoover Dam, Las Vegas Zoo, Wet ‘n Wild Water Park, Lied Discovery Children’s Museum, the Las Vegas Art Museum and plenty of golf courses. Also, Henderson was voted by Prevention Magazine as “One of the Most Wakable Cities.”

There are 21 public and 21 private schools serving Henderson residents. Henderson is also a short commute to Nevada State College and the University of Nevada, Las Vegas.

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Foreclosures in Henderson, NV On the Rise

Saturday, December 19th, 2009

Henderson Nevada is the second largest city in Nevada, right behind the infamous gambling capital Las Vegas, which is a just a hop, skip and a jump away from Henderson itself. Henderson boasts a population of over 270,000 people and has their own dedicated fire, police, utility services and Henderson even has its own city Mayor, Andy A. Hafen and city council. They also have the Henderson Pavilion, which is the largest outdoor amphitheater in the entire state of Nevada.

However Henderson, NV isn’t immune to the forclosure crisis plaguing American cities today. Henderson has 8,210 foreclosed homes with an average sale price of $183,904. In November 1 in every 3,885 Housing units had a foreclosure filing in Henderson and the trend doesn’t look to be slowing. In zip code 89052 1 out of every 45 housing units has been given a foreclosure notice compared to zip code 89014 which has the slowest rate of foreclosure in Henderson which is at 1 in every 434 housing units. Based on the last two calendar quarters, Henderson is the city in Nevada with the third greatest drop of average home sales prices, with a decrease of -30.37 %. That’s a pretty big drop in just two quarters. The city with the highest gain is Reno, NV, which increased 610.20%

This downward spiral doesn’t seem to be slowing or look like it has an end in sight. Hopefully with Henderson being so close to glitzy and glamorous Las Vegas it will recover faster then other cities in the nation when the economy eventually begins to upswing.

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Looking for Multi-Family Units in Henderson, NV?

Wednesday, December 2nd, 2009

Henderson,NV has many multi-family units available. Henderson is located just right outside of Las Vegas,NV. Las Vegas is the most visited city in the world. Las Vegas and Henderson have many jobs available and is a wonderful sight to see. Henderson is a beautiful place to live in. You can go from the life of a city in Las Vegas to the beautiful mountains in Henderson. Henderson has many shopping stores and accommodations.

Here is a few of the multi-family units available in Henderson, NV today. They range anywhere from $100,000 to $400,000 dollars if you would like to purchase one. The price can also go up, but that is the range of what a common one is selling for. This is a great price with what they are like. They are homes with decks. They have several great rooms that can be extra bedrooms, or an office, or whatever you would like it to be.

These multi-family homes could also be used as an investment property too. There are many celebrities that live in Henderson or Las Vegas. Many people today relocate to there because of the economy and the jobs available there.

There is duplexes, triplexes, fouplexes that you could get. You have many choices to choose from. There is also many multi-family homes available if you do not like to live by anyone else. They are beautiful homes and well worth seeing.

You can check out many websites to see Henderson and Las Vegas and also look at the homes that are available. They have ones for rent or lease also if you do not like to buy or just want to try the city out.

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Market Recap

  • Avg. Sales Price: 379,000

  • Avg. Days on Market: 69

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