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Posts Tagged ‘Purchasing Investment Property in Henderson NV’

Investment Properties in Henderson, NV

Monday, June 14th, 2010

Henderson, Nevada is an innovative city, known throughout the nation for its premier master-planned communities and parks. It is a great place to raise a family because of its small town feel though it has big city amenities.

The city also has many great real estate investment opportunities available right now. Prices have come down to a level where it makes sense to purchase investment property for a long term hold. At these price levels it is possible to purchase real estate that will have a positive cash flow with normal financing terms. Though there may still be the possibility of a further decline in prices, that probability is getting increasingly less likely. Many properties are already selling below replacement cost, which means that builders have very little incentive to build more units, thus causing the supply of properties to stabilize.

Interest rates continue to remain low, and with the ability to lock in low monthly mortgage payments, investments in real estate look very attractive right now. Since cash flow is a large consideration in any real estate investment, low prices coupled with the low interest rates available make real estate investments look attractive.

When you add in the fact that Henderson is a great place to live, so demand should remain high for real estate, there are few places more attractive to invest your money today, Though the supply of real estate for sale is high right now, demand is also high.
It is only a matter of time before the demand outstrips the supply and prices will rise. Now is the time to buy investment property in Henderson, Nevada.

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.

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.

Market Recap

  • Avg. Sales Price: 379,000

  • Avg. Days on Market: 69

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