Stephen Arimado's Blog Posts

Las Vegas home prices pass $400K for first time

LAS VEGAS (KSNV) — The median price for a Las Vegas-area home passed $400,000 for the first time during this past July, according to a realtor group that tracks housing prices.The median

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How Treasury Notes Affect Mortgage Rates

Why Now Is the Best Time to Get a MortgageFixed mortgage rates dropped to historic lows in December 2020 as investors fled to the safety of government securities. These rates follow the yields

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Information for Residents Facing Eviction

If you are a renter concerned about being evicted for nonpaymentof rent, you must fill out and submit an application for CHAP assistance on theapplication portal at http://CHAP.ClarkCountyNV.

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More mortgage assistance on the way — eventually

Mortgage assistance may be coming soon for Nevada homeowners who have been impacted by the covid-19 pandemic.Nevada is set to receive $121 million in Homeowner Assistance Funds, approved as part of

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Behind the Hype: What 5G Means For Real Estate

Superfast connectivity is getting here—and the impact on your business could be huge.Key Takeaways:Wireless carriers affirm their commitment to rolling out the superfast fifth generation of

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Sisolak: “There is not another state extension of the eviction moratorium coming”

As state prepares for federal moratorium to end, officials promote assistance programsAs the federal eviction moratorium ends Saturday, Gov. Steve Sisolak says the structures put in place, including

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Housing boom is over as new home sales fall to pandemic low

Sales of new single family homes fell to an annualized rate of 676,000, 6.6% below May’s rate of 724,000 and 19.4% below the June 2020 level of 839,000.The median price of a newly built home

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How to Create a Home Improvement Project Budget

Here's how to make a renovation project budget, including factoring in project materials and preparing for contingencies, plus what not to forget when planning.Creating a budget for a home

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9 Must-Have Home Upgrades That Are Actually Worth It

Get a more comfortable, storage-savvy, and energy-efficient home when you invest in these updates.Whether you recently purchased a new house or you're planning a long-dreamt-of remodel, you can feel

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Building a Home? Here Are 7 Major Industry Changes You Should Know for 2021

Homebuilders face unique challenges as demand for new construction grows sky-high amid material shortages, lifestyle changes, and record low interest rates. See how the home-building industry is

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Millennials Lead Charge to Revamp Aging Housing Stock

The country’s aging housing stock is prompting homeowners to make more home renovations, particularly among younger owners who have faced limited housing inventories for sale. Nearly half of U

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Yun: We’ve Never Seen Prices Appreciate This Fast

Just how wild is the real estate market right now? You don’t hear National Association of REALTORS® Chief Economist Lawrence Yun say this every day: “We’ve never seen price

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How the Race to Space Could Impact Real Estate

Amazon and Blue Origin founder Jeff Bezos flew to suborbital space and back on Tuesday. His journey follows Virgin Records founder Richard Branson’s space trip last week. But what do these

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Surging Home Prices Are Set for a Cooldown

The U.S. median home price continued to post double-digit appreciation in May and reached a record high of $380,000, realtor.com® reports. But the rate of price growth has shown signs of slowing

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5 Mortgage Trends To Watch

Buyers have fueled a red-hot housing market over the last year as they rushed to secure record-low mortgage rates. But shifts are underway, which may affect borrowers planning for their next home

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First-Timers Prepare to Buy Despite Bleak Market

The booming housing market is making it difficult for those wanting to buy their first home to top the competition in a price war. But aspiring first-time home buyers aren’t giving up.Only a

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Study: Homes Get Larger While Lots Shrink

A big backyard may be tougher to find nowadays. Single-family homes are getting larger whereas the lots are getting smaller. The median home size is now about 2,260 square feet—up from 2,170

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Misguided DOJ Efforts Could Derail What a Pro-Consumer Real Estate Market Bolsters

Published in RISMediaAs a small business owner and president of the National Association of REALTORS® (NAR), I want to set the record straight on misconceptions by some about the real

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Old article, new insight: Are Vegas Home Prices Sustainable? January Real Estate Summary

Original article posted January 31, 2021Las Vegas home prices have reached all-time highs during the pandemic. This is has happened despite an unprecedented pandemic-related recession, with an

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5 Facts Homeowners Need To Know About Replacing Their Garage Door

Most people don’t pay much attention to their garage door, as long as it’s working. But the garage door is the face of a house. When considering improving your home’s exterior

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The New Real Estate Normal

STAR, Idaho — The new “For Sale” sign had been posted in the yard for less than 10 minutes when the first visitors started driving by the house, slowing down and stopping to take

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Understanding the Difference Between Prequalified and Preapproved

If you’re considering purchasing your first home, you may be overwhelmed and confused to find how much time, patience, and work is required before you’re handed the keys to your dream

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What a homebuyer can find at Las Vegas’ median price of $395K - LVRJ

Another month, another record-setting statistic that illustrates how hot Southern Nevada’s housing market really is.The latest: an increase in the median price of house sales last month

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Summerlin townhouse project sells out before breaking ground - LVRJ

 local developer has sold out a Summerlin townhome complex before it even started construction, another sign of Las Vegas’ accelerated housing market.Edward Homes expects to break ground

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Improve Your Bad Credit Score For Your Home Loan

If you’re trying to buy a home, bad credit can be a major barrier to your goal of homeownership. Lenders will use your credit score to determine how risky it is to let you borrow money. They

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Buying a New Construction? Why You Need Your Own Real Estate Agent

When you’re house hunting, the allure of new construction is undeniable. You get to be the first to live in the pristine home—one untouched by grimy hands or muddy shoes. It’s full

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5 Questions to Ask Before You Refinance Your Mortgage

It’s not always easy to navigate the waters of personal finance, and mortgage topics can be even more complex. When it comes to refinancing your existing mortgage, there can be a number of

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You are paying your landlord's mortgage!

Do you like building your landlord's wealth instead of your?

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