Shannon D'Errico Blog

What to Expect for the 2025 Existing Home Market

Posted by Coldwell Banker Premier Realty on November 07, 2024 in  uncategorized
  96 sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Discover why the holiday season offers a 25% greater chance of selling your home and less competition from other listings. The existing home market has faced significant challenges over the past few years, especially in Las Vegas. While the broader economy has so far avoided a recession, the housing market hasn't been as lucky. In 2022, Las Vegas saw a 28% drop in... read more
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Holidays Are No Holidays in Real Estate

Posted by Coldwell Banker Premier Realty on October 28, 2024 in  uncategorized
As the new year approaches, many homeowners believe waiting until January is the best time to list their homes. However, over 20 years of real estate market data from Coldwell Banker Premier Realty tell a different story. If you’re considering selling your home, the holiday season could actually be the most profitable time to make a move. ? The Numbers Speak for Themselves:  25% ... read more
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Election Year Impact on Housing: What Sellers Should Know

Posted by Coldwell Banker Premier Realty on September 26, 2024 in  uncategorized
  96 sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Curious how the 2024 election could impact your home sale? Learn what history shows and what experts are saying. With the Presidential election approaching, the economy and housing affordability are hot topics on voters’ minds. If you plan to sell your home, you might wonder how the upcoming election will influence the housing market. While elections can create u... read more
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Understanding and Cancelling PMI (Private Mortgage Insurance)

Posted by Coldwell Banker Premier Realty on July 19, 2024 in  uncategorized
What is PMI? Private Mortgage Insurance (PMI) is a type of insurance that conventional mortgage lenders require from borrowers who make a down payment of less than 20% on their home. This insurance protects the lender in case the borrower defaults on the loan. PMI is typically added to your monthly mortgage payment and can range from 0.58% to 1.86% of the original loan amount annually. For instance, using NerdWallet’s PMI calculator, if you have a $400,000 mortgage with 10% down you could be paying around $4... read more
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Vegas Knows How to Save a Drop, Don't We?

A Southern Nevada Water Update
Posted by Coldwell Banker Premier Realty on May 30, 2024 in  uncategorized
Las Vegas: a glittering desert metropolis where neon lights pierce the night sky and water fountains dance in the midday sun. It might seem counterintuitive that a city synonymous with extravagance thrives in an arid environment. But thrive it does, thanks to a collective commitment to water conservation.    This commitment was on full display during a recent sales meeting with the Las Vegas Valley Water District (LVVWD). The session featured Katie Horn, the District's Public Affairs Manager, who shed l... read more
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