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Stacy Sheeley

What I Love About Summerlin

Having moved to Las Vegas in 2002, I chose to reside in Summerlin, a master- planned community on the western slope of the Las Vegas valley.  I enjoy Summerlin very much – the amenities, restaurants, events and shopping. In my free time, I can be found playing tennis, at a Summerlin park with my rescue dog Barclay, taking in an outdoor concert, rooting for the Aviators or dining with friends in Downtown Summerlin. Having grown up in the midwest, Summerlin seemed like a brand new world.  I fondly refer to it as the biosphere because you literally have everything you

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Stacy Sheeley

Las Vegas Housing Prices Remain Stable but Inventory Low

Las Vegas housing prices held steady in January at a median of $345,000, which broke the record in November and remained unchanged in December.  But, according to The Las Vegas Realtor Association, inventory remains extremely low around the valley. I believe this is in part due to Appraisers being conservative in their valuations.  A healthy market is six months of inventory (days on market before an offer is accepted) as of today, we are around 3 weeks.  The current lack of inventory makes it difficult for both realtors and home buyers. Every time you go try to show a listing

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Stacy Sheeley

What Makes Your Property Value Increase? Key Factors To Watch.

Appreciation: The celebrated phenomenon of your home’s value increasing over time. The more your home appreciates from the purchase price, the more profit you’ll bag at resale.  Appreciation won’t passively manifest. You’ll need to maintain your home’s condition and keep tabs on your neighborhood’s development to secure a value rise. Real estate market factors Supply and demand Property values rise when a low supply of homes for sale meets strong buyer demand, as buyers compete in bidding wars to secure a home from the limited inventory. “We definitely have seen an increase in home values recently and the biggest factor driving that

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Stacy Sheeley

How to Find a Luxury Real Estate Agent

There is no shortage of real estate agents in Las Vegas, but very few have extensive experience in the luxury market. If you are thinking about selling your luxury home or buying in a great neighborhood, you deserve a real estate agent that understands the luxury market and can advise you. Know Your Goals When you know exactly what you’re looking for from your real estate agent, you can find the perfect candidate quickly and with less stress. So what do you want? For home sellers, that might be an agent who understands the local market with years of experience. 

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