Category Archive : Market Updates

LAS VEGAS, NV – According to reports, more and more people are growing frustrated with the state of the home buyer’s marketplace in the Las Vegas Valley, as what little inventory there is often disappears as soon as it hits the market and often goes for far more than its initial asking price.

It’s the age-old dilemma- shortages combined with fierce competition always drive up prices in any industry, but this holds especially true when it comes to home sales, and especially when it’s in Las Vegas.

Many homes are being snapped up as soon as they get listed for sale, and many buyers are paying in cash; realtors are saying home inventory in the valley is the lowest it’s been in 20 years due to how incredibly hot the market is at the moment. At this point, the COVID-19 pandemic – which has brought many industries to their knees – has been little more than a speed bump when it comes to real estate.

Indeed, experts predict that the Las Vegas real estate market will continue to perform strongly throughout the end of 2021, and many developers are working non-stop to build housing on every available square-inch of land in the region in order to get in on the action. But until supply satisfies demand, many are noting that overbidding on properties will remain the norm, making it very challenging for people to get their foot in the door of a home… literally.

Even those who are able to purchase a house in Las Vegas have the battle scars to show for it. One report indicates that a recent home-buyer had been on the hunt for the past three months, but every time they found something they liked, it was already under contract.

Eventually, bidding wars broke out, but while top-dollar was usually paid for any home, a distinct advantage was given to those paying in cash, even if they slightly underbid… for obvious reasons.

Eventually, the home buyer referenced above managed to find a house after warring over five properties in a row. His advice? Act quickly on any property that catches your eye, and expect to pay at least 10-15 percent more than it’s listed for. Such is the reality of the modern-day Las Vegas real estate scene.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – According to reports, a new online home rental scam is making the rounds, and a Las Vegas realtor is warning people interested in becoming a tenant in the near future to be especially wary of deals that seem too good to be true.. because they most likely are..

Realtor Robert Hau notes that the individuals perpetrating this new scam are taking the hard-earned money of people that have been lured in with promises of a cheap home rental, and the especially devious part? The scammers don’t even own the home in question.

Hau relayed an instance where crooks listed one of his own Las Vegas-based rental properties on Facebook – even using his listing photos – at an absolute steal of a price – a three bedroom, 1,300 square-foot home for $900 per month. For this kind of a deal, who wouldn’t jump, considering how in-demand housing is in Vegas currently, especially when it’s this cheap?

What made the home in question a target was because it was in escrow at the time; since it was vacant, it was easier to use as scam bait, Hau said. This way a con-man can have a prospective renter meet him at the property, and get the victim to give them money in the form of a deposit, an application fee, or anything they can soak them for.

The Nevada State Apartment Association offers several tips for renters looking to avoid getting scammed, such using safer sites for house-hunting such as Zillow or Apartments.com. It’s also advisable to visit the Clark County assessor’s website to confirm the identity of the property owner so you know if something funny is happening or if someone else meets you at the house.

And finally, never use cash for any fees or deposits – always use a cashier’s check, money order, or credit card.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – According to recent reports, a new Las Vegas-based reality television show will be coming soon that focuses on the city’s expensive luxury housing marketplace. “Selling Summerlin” is set to illustrate “the aggressive and luxurious real estate market in Sin City,” according to a recent announcement by the well-known cable channel VH1, also home of the real estate reality show ”Love & Listings.”

The show is not affiliated in any way with the Las Vegas community known as Summerlin, but instead will showcase all manner of luxury housing and rentals throughout the Southern Nevada region. It is set to star two Las Vegas-based realtors, Michele Sullivan with Berkshire Hathaway HomeServices Nevada Properties and Alese Morrow with Synergy Sotheby International Realty, as the two work together – and against each other – while showcasing some of the priciest and ritziest properties around.

Executive producer of “Selling Summerlin,” Tai Savet of Ouse Media Group, said that he felt Las Vegas was the perfect city to host a reality show focusing on luxury real estate. The show will not be scripted, he said, but instead will serve as a legitimate showpiece for female luxury realtors in the high-stakes city of Las Vegas.

“There’s going to be a lot more drama than they think, and none of it is going to be scripted,” Savet said. “You will see some authentic good old rush to the finish line, and everybody will do what it takes to get there.”

The show will not only feature the ins-and-outs of how real estate transactions are carried out, beginning to end, but also the private lives of the show’s stars as well. The show has been shooting throughout the COVID-19 pandemic and has been strictly adhering to health and social distancing standards, with smaller crews on-site and stars and crew both wearing masks.

The premiere date of “Selling Summerlin,” along with what markets it will be airing in, has yet to be announced.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – According to the National Association of Realtors, Las Vegas now ranks in the top ten of commercial real estate markets in the United States, and considering the fierce competition out there, this achievement is by all means no small feat.

The list – which was made public on Wednesday, March 10 – represents the first time that the National Association of Realtors (NAR) has released a commercial real estate forecast. Other cities on the top ten list include Phoenix, Seattle, Nashville and Salt Lake City.

NAR Chief Economist Lawrence Yun noted that commercial real estate in particular has had a hard time in the past year thanks to the ongoing COVID-19 pandemic, but expects 2021 to represent a big comeback as vaccine rollouts continue and the economy improves.

“A recovering economy and the near certain job growth will steadily lead to the absorption of commercial properties,” he said. “The apartment rentals market could once again experience very low vacancy rates by year’s end.”

NAR’s top ten list was put together based on 25 factors, taking into account multiple aspects of a region’s economic, demographic, housing and commercial market conditions in a variety of sectors, including multifamily, office, industrial, retail and hotel property. A number of indicators were examined, including but not limited to GDP growth, unemployment rate, median household income, consumer spending, number of business openings, population growth, homeownership rate, rental vacancy rate, building permits and apartment rent.

Affordability was a major factor in determining the top ten of commercial real estate markets in the United States, Yun noted, as cheaper areas to live in often do better than expensive markets in terms of drawing in new residents and businesses.

“The top commercial real estate markets that are expected to outperform the rest of the nation are generally affordable and able to draw new residents with a greater flexibility to work from home,” he said. “These growing markets also offer much lower office and retail rents and are, therefore, able to attract new and expanding businesses.”

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – A local news outlet recently ran an opinion piece written by a struggling local mom-and-pop landlord and the financial hurdles that are constantly being placed in their path as a result of the ongoing pandemic, driving home the point that it’s not only renters who are suffering in myriad ways due to COVID-19.

Sarah Savko wrote the opinion piece in reaction to a column written on Assembly Bill 141, a proposed piece of legislation that, if passed, would seal eviction records incurred during the pandemic – not allowing future landlords to know if a renter has a history of not paying rent – as well as giving long-term renters greatly increased amounts of time to vacate after being served with a no-cause eviction. The column in question viewed Bill 141 as a positive development for hard-hit renters that would give them “a degree of respect.”

However, Savko, herself a local independent landlord, felt it necessary to share the other side of the story, and how Bill 141 – if passed – could greatly exacerbate an already intolerable situation for many in her position.

Savko notes that she has a tenant for the one property that she owns, and that tenant has not paid their rent in months, despite currently being consistently employed throughout the pandemic at a job that pays $80,000 a year; current eviction moratoriums in-place allow renters who claim to be financially impacted by COVID – often without having to provide any proof at all – safeguarded from evictions.

This has forced Savko – who relies on her rental income to pay her own rent and fund her costly cancer treatments – to dip into her savings, and as a result her personal funds have been greatly diminished while being forced to provide free room and board for her own tenant, without any assistance from local government.

It got even worse when the tenant – who was on a month-to-month lease agreement – told her that they have signed a CDC moratorium form, and offered to pay Savko the back rent owed only if she agreed to extend his lease to a full year.

Thankfully, Savko realized that this was most likely an attempt to coerce a full year of free rent from her, since the tenant had already proved to be more than willing to game the system at her expense; why, with a one-year lease under their belt, would the tenant bother paying anything going forward?

Currently, Savko is owed over $10,000 and the amount continues climbing while she is struggling to survive on social security and her retirement savings while a tenant who makes twice what she does is bleeding her dry due to statewide pandemic-based eviction bans that heavily favor renters in almost every regard.

Savko worked hard and purchased her rental property to, in her words, “allow me some sort of stability later in life.” Sadly, she feels that the state of Nevada has failed landlords like her during this pandemic, and in that sense it is hard to argue with her; if Assembly Bill 141 passes in the Nevada legislature, it may fail her all the more.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – According to recent reports, VICI Properties, a real estate investment trust specializing in casino properties based in New York City, has agreed to purchase several Las Vegas Strip hotels and casinos from seller Las Vegas Sands for the whopping price of $4 billion, which many experts see as a huge vote of confidence in the economy of the tourism-dependent city to bounce back quickly after the COVID-19 pandemic.

The deal, paid in cash, includes the real estate for the Venetian Resort Las Vegas, the Sands Expo and Convention Center, and the land underneath the MSG Sphere, which is expected to open in 2023. Once the deal is completed, this will put VICI in possession of the largest hotel complex in the country – over 7,000 rooms – in addition to its largest convention and trade center – 2.3 million square feet – as well.

Apollo Global Management is slated to acquire the operating business and lease the property from VICI for $250 million per year, reports say.

In all, VICI Properties will be the owners of 99 acres of Las Vegas property, with call rights on another 28 neighboring acres. Currently, the company owns 28 casinos and four golf courses in America.

Many experts are calling VICI’s decision to make such a large purchase a “bold move,” especially right after one of the worst years that Las Vegas has ever experienced due to the economic impact of the ongoing COVID-19 pandemic, which costs thousands their jobs and caused many businesses, casinos, and hotels to close. Clearly, experts say, VICI is confident that Vegas will bounce back quickly and that tourism – the lifeblood of Las Vegas – will return to its previous successful 2019 level sooner rather than later, similar to how the famous “roaring twenties” were born out of the pandemic of 1918.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – According to reports, a new proposed bill that would give Nevada tenants more notice before evictions can take place is receiving pushback from groups representing landlords who claim that it would decrease the state’s already low amount of affordable rental housing, in addition to causing yet more hardship for struggling “mom-and-pop” landlords who are already feeling the financial crunch due to ongoing eviction bans.

The bill, AB141, is sponsored by Assemblyman Howard Watts (D-Las Vegas), and if passed it would require landlords to give some long-term tenants two or three months of prior notice (depending on how long the tenant has lived there) before a “no cause” eviction can take place; under current rules, a landlord only has to give 30 days’ notice. A “no cause” eviction is when a landlord decides to evict a tenant for any reason, as opposed to a case where they have violated the rules of their lease agreement or not paid their rent.

Another aspect of AB141 is that it would automatically seal the records of anyone evicted during the ongoing pandemic, which is expected to begin happening en-masse when both state and federal eviction moratoriums run out at the end of March (unless they are extended). In other words, prospective new landlords would have no way of knowing if a new tenant had been evicted from their previous home or apartment for non-payment of rent.

“Assembly Bill 41 really is aimed at preventing homelessness,” Watts said. “As a result of the pandemic, Nevada is on the cliff of a major eviction crisis.”

AB141 does not change the process for a “summary eviction,” which is when a tenant needs to be quickly evicted due to non-payment of rent.

Realtors and the state apartment association have argued against the bill, claiming that government further intruding upon their business would most likely result in many landlords – many of whom are small, low-income mom-and-pop operations – selling off their rental units at a time when more are sorely needed in the region. Current eviction bans, landlords say, are costing them $15 million per month in Clark County alone.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – Throughout the ongoing COVID-19 pandemic, nearly all corners of society have been feeling the economic pinch as jobs have been lost and businesses closed, leaving millions without the means to provide for basic needs such as food and shelter. Numerous eviction bans – both on the local and federal level – have helped people remain in their homes and apartments instead of being turned out on the street, but at the same time these measures have simply served to transfer the hardship from one party to another… in this instance, landlords.

Currently, Nevada has two active eviction bans in place; a federal one, recently extended by President Joe Biden, and a statewide mandate put in place by Governor Steve Sisolak, with both due to expire at the end of March, unless yet another extension is granted… which could very well happen.

A recent editorial has shined light on the plight of landlords during this period, many of whom are small mom-and-pop operations without major financial backing… just average people struggling to make ends meet, who feel that their personal property has essentially been “hijacked” by the government during the pandemic.

Joe Gelman is a former Las Vegas resident who, years ago, moved to Virginia but kept his Vegas property as a rental; in June of this year, he informed his tenant that he would be selling the home to help pay for college for his children. At that point, the tenant cut off communication and stopped paying rent and other fees, forcing Gelman to dig deep to cover the expenses himself to the tune of $950+ a month.

When Governor Sisolak’s initial eviction ban ended in October, Gelman successfully had his tenant evicted, but upon appeal – and a new national eviction ban put into place by the Centers for Disease Control and Prevention – the tenant was allowed to remain in Gelman’s home – which he is not even allowed access to, let alone to inspect – rent-free, where they remain to this day.

The government is prohibited from taking private property for public use without “just compensation” via the Fifth Amendment, but Gelman said that he feels that his property “has literally been confiscated” from him, and he doesn’t know what to do about it.

“Basically, the property has been hijacked with the full backing of the government,” he said. “There has been no consideration as to my rights as owner of the property at all. This is clearly unconstitutional. I’m going to be out thousands of dollars. All I want is my property or to be compensated for my property.”

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – According to recent reports, the Las Vegas real estate market will continue to gain momentum throughout the upcoming year, but its hottest aspect will remain its luxury home sales, which are expected to flourish throughout 2021.

With traditional social activity curtailed by precautionary measures put into place by the ongoing COVID-19 pandemic, more and more people are looking to deal with the concept of the “new normal” by renting and purchasing homes that give them more space to spread out than a traditional abode offers.

Reports indicate that the purchase of large-scale, luxury homes in many regions in the United States, but especially in Las Vegas, reached a fever pitch during 2020, and that trend seems poised to continue – and possibility elevate further – during 2021 as COVID continues to be the driving force until vaccine rollout efforts result in eventual herd immunity.

Reports indicate that, in 2020, 313 luxury homes valued at $1 million or more closed, which represents a 26.7 percent increase from 2019, when 247 were sold. In addition, sales of homes that were valued less, but still considered in the “pricey” range – up to $750,000 or so – jumped by 11.7 percent in 2020.

Meanwhile last year, sales of homes costing $1 million or more saw a jump of 38 percent in 2020 over 2019, and the available marketplace for homes of that caliber continues to shrink as inventory becomes less available due to demand.

The Las Vegas regions continuing the most luxury sales in Las Vegas during 2020 – and likely to continue into 2021 – are the Southern Highlands, The Ridges in Summerlin, MacDonald Highlands and Seven Hills in Henderson, reports say.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – According to reports, the constant restrictions being put on public space by the ongoing COVOD-19 pandemic have resulted in homebuyers desiring more and more personal space in their real estate purchases to counteract this unusual trend in the marketplace.

For example, California resident Aaron Franklin eventually decided to leave his diminutive one-bedroom residence in Marina del Rey for a much more spacious and affordable home in Las Vegas that included many amenities that his Californian home did not, such as a tennis court and swimming pool. The deciding factor? Affordability concerns born out of the COVID-19 pandemic and a desire for more elbow room, he said.

“I was working out of a living room,” Franklin said of his stay in Marina del Rey, noting that now that he is in Vegas he has “a dedicated room for doing all my meetings and videos, and my wife has her own room.”

Remote working has remained a major factor in requirements among buyers throughout the COVID-19 pandemic, especially when children are concerned; after all, having additional space is especially attractive when you have one – or more – little ones running around and threatening to intrude on a random video conference call with your boss. And when taking online school into the equation, having more room to spread out takes on an even greater urgency, most regional transplants say.

“Since COVID’s happened, I don’t need to be there anymore,” Franklin said of his decision to relocate from California to Las Vegas. “I was paying essentially $3,000 a month in rent for a one-bedroom apartment there, and I just bought a house here (Las Vegas) that’s about $300 less a month.”

Franklin said the 3,000-square-foot home he purchased with his partner has four bedrooms, and is a “massive upgrade in space” and allows them to finally host guests and have a dedicated work space that they didn’t when they were Californian residents.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS,, NV – With the competitive landscape of the current housing market, many homes are facing bidding wars and selling for well over asking price. In fact, in 2021 there will be a record number of new homes built – the most since before the housing crash of 2008. If you can’t find a home you like, you should consider building a new home. Builders will often customize the home to your preferences, so you can add that home office or luxury bathroom. The process of building a new home can be complicated and overwhelming. That’s why Redfin asked industry experts (new home builders and real estate agents) to share the most common misconceptions around building a new home and the truth behind them.

1. Assuming Your Designer Knows Exactly What You Want

The level of communication between the homeowner and designer can impact the final results of the project. Therefore make sure that you communicate well and ask questions anytime that you have concerns. Also, be ready to reply to the designer’s queries. – Gosia Thurfjell, 9th Floor Design 

2. You Won’t Need A Home Inspector

When building a new construction home, it’s a wise idea to hire a home inspector to conduct several inspections throughout the various phases of construction.  Buyers always hire home inspectors for resales, but when it comes to a new home, buyers feel that since it’s new, no inspections are needed.  I’ve seen homes in which the plumbing for a sink in an island wasn’t accounted for in the foundation, braces in the trusses of the attic were missing, recessed lighting was off-center, etc., and hiring a home inspector to monitor the construction is a smart investment. – Lauren Stark, Elite Realty

3. Custom Equals Expensive

Custom can mean a well-thought-out space that makes sense for any particular family to live in. We build custom $350k projects, and custom $2M projects. – Journey’s End Homes

4. Building Is Extremely Difficult And Time-Consuming 

Building a new construction home is not as hard or time-consuming as you think. have fun and be practical, but don’t be afraid to ask questions. Pinterest is great but doesn’t always meet building code and might not always be the most reliable. – Kensington Custom Builders

5. Construction Will Progress Flawlessly And Without Hiccups

The most damaging misconceptions new home buyers often have is that construction will progress flawlessly and without headache during the build and that they will move into a picture-perfect home upon completion. In the real world of new home construction, there are usually delays and unforeseen issues during active construction, and then service items or minor touch-ups and repairs that need to be addressed after the home is completed. Keeping a positive attitude and rolling with the punches is key to a fun and satisfying experience when building a new home. – Joel Comino, Next Modular 

6. Using Price Per Square Foot To Compare Custom Builders

Sometimes the lowest price doesn’t include the things you would expect like garbage disposals and garage door openers. Once the items you would expect are added in the price per square foot balloons. Having a detailed specifications sheet from your custom builder is key to ensuring you have the items you want to be included in your home without lots of expensive change orders throughout the building process. – Old World Custom Homes 

7. A New Construction Home Is Overwhelmingly Complicated

With the right team, design, communication, and building can be a nearly seamless process. – Heartwood Builders 

8. Thinking You Won’t Need Representation

New homebuyers think that they don’t need representation because the agent in the sales office will handle everything. The agent in the sales office represents the builder and will work in the seller‘s best interest. If they have their own representation, their agent can advise them on issues that they don’t even realize are there. Their agent can also negotiate on their behalf when most buyers don’t even realize they can negotiate with a new home builder on the sales price, options, incentives, and terms. – Tony Sena, Shelter Realty

9. Underestimating The Skill Required To Design And Build Modern Homes

Many clients today seek our architectural expertise to design modern homes with a minimal, yet sophisticated material palette. Often these clients underestimate the skill required to design and build these types of designs, not realizing that achieving crisp lines and clean joints requires essentially zero tolerance between dissimilar materials.  The truth is that executing modern design requires a tremendous amount of thinking and coordination between the architect and contractor to deliver this level of exquisite, modern residential detail.  Modern design undoubtedly affirms the saying “less is more.” – Brian Grieb, GriD Architects

10. Building A New Construction Home Is A One-person Show

A good project is the result of a good team, from the design team (architects and engineers) to the construction team (GC and each sub) and finally the owner/client who needs to make sessions in a timely manner and avoid changes. – Tagliaferri Architects, Inc 

11. You’ll Save Money Not Using A Real Estate Agent

One of the most common misconceptions homebuyers have when buying a new construction home is that they think they will save money on the home by not using a Real Estate Agent. It’s quite the opposite, in fact. The commission percentage is a predetermined amount worked out by the builder and the sales representatives so the number does not change one way or the other. You’re more likely to work out a better deal with a Real Estate agent working on your behalf because they know how the process works and what to ask for.  You’ll also have added protection throughout the entire home building and buying process with the resources a Real Estate Agent can provide. -Ryan Fitzgerald – Uphomes 

12. That A Custom Build Will Be Less Expensive And Happen Quickly

When it comes to building a custom home, there have been a lot of changes in the Puget Sound with coverage and zoning and there is less and less land to build on that is close to areas homebuyers want to be. There’s also the fact that raw materials and labor have seen double-digit increases over the last few years which helps add to the rising costs of homebuilding. But a custom-home has a lot of rewards. It has your signature touch and hopefully has design elements that make it special to you.  But it is a journey, and I’ve yet to meet anyone who hasn’t had to compromise somewhere. – Joe Patterson, Realogics Sotheby’s International Realty 

Lexi Klinkenberg of Redfin contributed to this story which was originally published on The Redfin Blog.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV –  The single most significant purchase one may make in their lifetime is a home. With that being the case, it may seem unusual that often times, this purchase will be made without ever setting foot inside the property, but in today’s “new normal” ushered in by the ongoing COVID-19 pandemic, it’s something more and more people are doing.

According to Las Vegas Weekly, in 2020, 63 percent of the homes sold in the United States were sold without the buyers ever having seen them in-person, which represents a unique development in the real estate industry; generally, this is attributed to random instances such as buyers from outside the region. However, more and more Las Vegas real estate agents are giving prospective buyers tours of properties via video; some of them are forced to do so out of heath COVID-related worries, but many are also due to the popularity of Southern Nevada real estate with those looking to take advantage of its affordability.

For example, one real estate agent recently gave a video tour of a Vegas home to a military couple stationed in the Middle East who were hoping to secure a residence in anticipation of returning to the United States.

It continues to be a “seller’s market” in Las Vegas, despite the pandemic and its resultant recession; the reason for this is low interest rates on home loans combined with and affordable cost of living and a small amount of inventory on the open market. The result is a competitive marketplace for properties – with regularly raising prices – that people are willing to circumvent conventional real estate processes for.

That said, buyers should be reminded to not rush into a perceived good deal too quickly; be judgmental of any and all pictures you may be presented with, and always question anything you may be wary of; it’s better to get these potential issue settled in the here and now than saddle yourself with a home you may regret for the next decade.

Always remember – it’s expected to remain a competitive “seller’s market” in Las Vegas in 2021, and with desirable properties getting purchased fast, it still makes sense to learn everything you can about a property – even if it’s virtually, before quickly snapping it up.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.