Perfect tranquility. Roma Hills, Henderson’s guard gated collection of completely custom estates is the ideal setting for your dream home. Close to fine dining, high-end shopping, gaming and entertainment, this stunning 6542... Read More »
Lakeside living. Cast a line off your own private dock beside a stocked lake, or enjoy a twilight glide on your eco-friendly watercraft. Take in the clubhouse amenities, sunbathe on sand at the members’ only lagoon and dine... Read More »
At the head of the Red Rock Mountains, Red Rock Country Club captures the grandeur of its setting. Guard-gated entrances secure tree-lined streets, choice golf courses, and some of the valley’s most exclusive properties. Situated... Read More »
Set within a serene Centennial Hills gated community is a gorgeous custom home overlooking panoramic mountain views. No expense was spared in the fit or finish of this sophisticated home! Grand wrought iron front doors lead into... Read More »
What Next With the Housing Market?
For those fortunate to own property in Las Vegas and Henderson, 2013 was a red hot year for the Nevada real estate market. Home appreciation was quoted from 20% to 30% in some areas. What should... Read More »
, bank foreclosures and builder closeouts in recent years have greatly impacted the local luxury real estate market. A circumstance once dominated by residences valued below $1 million, statistics prove that high-end homesvalley-wide are increasingly suffering the same fate as many luxury Las Vegas real estate owners struggle to cover ballooning mortgage payments.
With a glut of luxury homes short sales and foreclosures now available in Las Vegas at a significantly reduced cost, sophisticated real estate buyers are taking advantage of these below market value “deals” at an equally increasing clip.
Amid this distress-driven “buyer’s market,” luxury Las Vegas real estate bargains are certainly abundant…but not particularly easy land for your self. Especially with short sales and foreclosure homes, be prepared for bidding wars, bank delays and other challenges. And, while negotiating bank owned foreclosure homes can sometimes be quick, short sales can take from 1 to 4 months for bank approval. It’s imperative to understand the average timeline involved with each type of transaction based on prior 30 to 60-day statistics, so that you may strategically plan your efforts in kind. Of course, The Jenson Group can help ensure you pursue and procure a luxury Las Vegas real estate type that best meets your needs.