The Market
By April Wright
Are buyers feeling the pain of increasing home prices? With the market still showing no signs of slowing down, some buyers are feeling the stretch of the increasing prices in their pockets. Possibly because they are still reminiscing about the prices 3yrs ago. Ultimately, feeling stuck because they feel priced out of the Las Vegas market. But to this I say…. they are looking at it all wrong. If the history of real estate has shown us anything in the past 200 years, it’s that real estate will always be a great investment. You just have to make sure you are utilizing it the best way for you.
Let’s start by changing your mindset and look at some options.
Don’t look for your “Dream Home” in this market. Look for a home that serves your family and can be upgraded to become a dream home. This way you can consider lower priced homes and make it yours over time. Ultimately creating equity.
Traditional ways of purchasing a home are “not” the only ways to purchase a home. Consider alternative financing and purchase options.
Use your assets. Money for your down payment and closing costs don’t have to come from your savings. Check with your CPA or Financial Advisor before moving money to ensure you know of any tax liabilities you may encounter.
Use other people’s money. Home buyer programs are available and their limits have increased to accommodate today’s sales prices. Discussing all of your options with the right professional is the first step.
For more information, considering contacting Wright Group Brokered by eXp Realty at (702) 498-4802.
April Wright | Realtor
Wright Group brokered by eXp Realty
(702) 498-4802
IG Instgram.com/aprilwright_realtor
