Las Vegas and Henderson Homes and Real Estate

A recent poll by Prudential's national real estate division showed that 65% of those currently shopping for homes believe that the expiration of the tax credit will has little to no impact on their decision to purchase a home.  The online survey of 1,000 Americans between the ages of 24 to 64 was taken before the expiration deadline of April 30.

The reason most stated that they were motivated to buy: the belief that prices were due to rise in the next year.  In fact,  40% of those surveyed believed that prices were due to rise in the next 12 months in each of their markets.  Over the next 5 years, 79% believe that real estate will be increase in price.

Source:  Business Review, Albany

If you are interested in Las Vegas, Henderson, Green Valley, North Las Vegas, Summerlin, Seven Hills, Lake Las Vegas, or Southern Highlands real estate, contact:

Michelle Natale
The Natale Team
Prudential Americana Group

www.natalesellsvegas.com

Michelle Natale leads a top 25 ranked team of agents for Las Vegas based Prudential Americana Group, the largest real estate brokerage in the state of Nevada. Michelle started her career in real estate over 10 years ago, and is ranked in the top 1% nationally in Prudentials national network since 2000. 

City: LAS VEGAS
ZIP: 89146
Beds: 3
Baths: 2-Full Sq.Ft.: 2053

Property Type: Single Family Home
Year Built: 1989

This 3 bedroom 2 full bath single family home is located near Summerlin in western Las Vegas.  Featuring a pool and two car garage, this 2,000 square foot home is an incredible deal at less than $85 / square foot.

Listing price is: $174,500.

Listing courtesy of Leslie Carver; Prudential Americana Group.

For more information about this and other Las Vegas, Summerlin, Green Valley, and Henderson real estate for sale, contact:

The Natale Team
Prudential Americana Group
871 Coronado Center Drive #100
Henderson, NV 89052
Office # (702)491-4937
Fax # (702)315-7866

Craig Koehm
Vice President of Mortgage

Lending mortgage rates began the New Year stabilizing after a slow four-week upward climb. The U.S> Bureau of Labor Statistics reported on Friday that December's unemployment rate remained unchanged at 10%. Market participants are tracking employment as a rebound in jobs is seen as essential in any sustained recovery.

Despite the 85,000 jobs lost last month. November's employment numbers were revised to show a net gain of 4,000 jobs. November was the first month of job growth in two years. Other economic indicators also pointed to an economy that is beginning to gain some footing. The ISM Manufacturing Index rose to 55.9% from the 53.6% recorded in November. Additionally, factory orders increased 1.1% to 365.30 billion.

This week contains plenty of data that could push mortgage rates either way. The government's current program of buying mortgage-backed securities is set to expire in March, but there is talk that it may be extended and slowly phased out over the course of 2010 which would protend well for mortgage rates in the near and intemediate term. With private mortgage buyers still on shaky ground, this is welcome news if it comes to fruition. Other economic releases, such as Industrial Production data and the Consumer Price Index both released on Wednesday, could affect fixed income markets this week as well.