THE ADAMS TEAM
Rothwell Gornt Companies
Las Vegas Real Estate Agent Robert Adams Las Vegas Real Estate Blog
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What we are seeing is a combination of increased available housing inventory and a drop off in buyer demand. As these both excelerate there is a compounding effect on the months of inventory statistic since you use the following equation to calculate months of inventory:
Current Supply / Monthly Demand = Months of Inventory Supply (Coming Soon Listings + Active Listings) divided by Demand (Sold Listings in the past 30 days) = Months of Inventory. We need at least one side of this equation to soften its current trend in order for inventory to level off and the market to stabilize. The bad news is the Fed is about to meet in 6 days and likely raise rates again significantly (probably between .75% and 1%). We are also waiting to see what the hedge funds are going to do. Recently they have pulled back on their acquisitions of properties. Hedge funds are a major contributor to the drop in properties going under contract and properties that have recently sold. Several hedge funds have told us that they are waiting to see what happens after the Fed meeting on 7/27/2022. We will have to monitor and see how the bond market and the real estate market react to the upcoming news. For the time being we can analyze the current data and see that the supply and demand trends are only gained momentum. INVENTORY AS OF 7/21 Coming Soon and Active Listings: SFR 6,745 CONDOS 953 TOWNHOMES 599 Multi Family 81 INVENTORY AS OF 7/21 In Escrow Listings SFR 2,123 CONDOS 369 TOWNHOMES 318 Multi Family 51 INVENTORY AS OF 7/21 Sold Listings in Past 30 DAYS SFR 2,167 CONDOS 373 TOWNHOMES 268 Multi Family 30 INVENTORY AS OF 7/21 Months / Days of Inventory based on supply & demand SFR 3.11 mo 94 days CONDOS 2.55 mo 77 days TOWNHOMES 2.24 mo 67 days Multi Family 2.7 mo 81 days Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate RobertAdams@RIrealestateHELP.com The real estate market shift and what you need to know ~ Robert Adams Investor/Broker/Team Lead7/7/2022
The buzz around the country right now is the shifting economy and that is no different in the real estate sector. With the Fed raising the overnight interest rates and implementing Quantitative Tightening (QT) to combat the hyper inflation we are seeing across industries as it hits inflation rates we have not seen since the 80's, the ripple effects are reaching everyone. Due to the pandemic the Fed pumped money into the system that drove the demand of goods and services through the roof. This has put the reputation and value of the dollar as the world currency at risk. Below is a chart of the inflation rates since we started tracking them in the 60's.
With this being said, many are asking themselves if a housing crash like 2008 is headed our way. This is a very logical question given the fact that inflation is still very high despite rate hikes, stocks are plummeting, crypto currency is down, supply issues are still affecting the world as a whole, fuel prices are at all time highs, and the political climate across the globe is tense with the Russia / Ukraine conflict. Below is chart of historic housing prices.
To get this in check the Fed has raised rates multiple times and are expected to raise rates several more times throughout 2022 and into 2023. With that being said rates are still historically low and at this time are still lower than the inflation rate. These are not mortgage rates but rather the overnight Fed rate at which banks lend amongst themselves. Think of it as wholesale rates between banks in the back end. Mortgage rates are more like retail rates to consumers. While the Fed rates do play a part in mortgage rates they are not directly tied to one another. The Fed rate also plays a role in other types of loans like credit cards, HELOC's, auto loans, business loans, etc. See the chart below for the historic Fed rate.
Below is an example of how interest rate increases would affect your monthly payments at 4% vs 6% vs 8% vs 10% interest if you bought a $400,000 home and put a down payment of 3.5% ($14,000) with a loan amount of $386,000.
4% interest - 30 year principal & interest payment = $1,842.82 6% interest - 30 year principal & interest payment = $2,314.27 8% interest - 30 year principal & interest payment = $2,832.33 10% interest - 30 year principal & interest payment = $3,387.43
To further cool the supply of money for lenders in the housing sector they lowered the amount of mortgage backed securities (MBS) the government is buying to further lower liquidity in the market. As we all know basic economics with less supply of money the cost of the money/loans will increase. During the pandemic the government drastically increased the volume of MBS to add liquidity to the market to help keep rates low to stabilize the economy as we battled covid's impact on our economy. As the MBS's volume is decreased it will further affect affordability and the costs of financing for homes. See the historic chart for Mortgage Backed Securities (MBS) below.
So you ask, WHAT DOES THIS MEAN FOR THE REAL ESTATE MARKET??? This means lenders will have less liquidity meaning they will have less money to lend (lowering the supply side of money to lend will cause the cost to borrow money to increase). You combine that with the higher Fed rates and lenders are forced to increase their mortgage rates to consumers. These higher mortgage rates combined with higher home prices that we have seen in recent years due to the hyper appreciation caused by the low housing inventory over the past several years and inflation costs, this will create affordability issues for many first time home buyers and financed buyers in general.
So far the real estate market has had a knee jerk reaction to the monetary changes and demand has slowed dramatically. You combine this with many sellers panicking and putting their properties on the market to sell in fear of a crash and you see the significant increase in housing inventory. At the lowest point here in the Las Vegas / Henderson market we only had 2 weeks supply with less than 2,000 listings. Over the past few months we have seen month after month increases in inventory and locally we now are sitting just shy of 2.5 months supply with almost 7,000 listings. While relative to the inventory we did have this is a major increase, to put it into perspective we would need 4 month to 6 month supply to reach a balanced market (not a buyer or sellers market). If we rise to above 6 months supply you can expect prices to start decreasing. To put things into perspective, after the 2008 crash we had over 15,000 homes for sale here in Vegas with 5,000 foreclosures every month. We are no where near those numbers right now and foreclosures make up less than 1% of the available homes for sale. See the local Las Vegas/Henderson inventory charts below.
Despite all of these factors we have not seen home values decrease yet other than the latest median home price report that says here locally our median home price dropped from $482k to $480k last month (June 2022) for the first time since April 2020 when the media home price was only $310k. This $2k median value decrease is such a minor change it barely qualifies as a value decrease. We are feeling the shift as active agents and investors with boots on the ground that submit offers every single day. Rather than there being 30+ offers on a property and the property selling for $50k+ over appraisal value we are seeing most properties sell at value. If the home is distressed or a dime a dozen type of property we are seeing those sell slightly below value, or perhaps at value with some seller concessions included. If the property is remodeled, unique in some way, or a niche product we are still seeing those sell for slight over value. Believe it or not this is actually how homes sell in a healthy market. The 20%-30% appreciation that we saw last year is not healthy nor sustainable. The housing market needed to cool and that is what we are seeing. See historic housing prices for the country below.
In summary, we do not have a crystal ball to tell you exactly how this will all play out but I can tell you that the changes in housing and lending that were implemented after the 2008 housing crash have protected homeownership and made housing a much safer investment than back then. 30% of homes locally have been being bought with cash in recent years. Predatory and subprime lending like "no doc" loans are no longer available. Most loans have been taken out with down payments, very low fixed 30 year principal and interest payments, and have had to prove how the loan will be repaid. Adjustable rate mortgages (ARM's) while recently being reintroduced to the market are a very small percentage of loans that have been taken out.
Another huge factor that is new to our current market that was not around prior to the 2008 crash is the institutional buyers. Hedge funds with billions of dollars that have bought around 280,000 homes across the country. Most of which are not being resold. They are being held as long term rentals for cash flow for the hedge fund shareholders profits. As affordability becomes an issue for financed buyer, these hedge funds will likely continue to buy just with less competition from the financed buyers. We now also have iBuyers such as Opendoor, Offerpad etc that have billions of dollars to buy homes cash like a trade-in and then resell them to a retail end-buyer. After considering ALL of these factors we are expecting the market to continue to soften in the short term. We are hoping we see a flat market but there may be a 5% to 10% decrease in values until buyers gain confidence in the market again, higher interest rates normalize in the minds of consumers, and inventory flattens. Once this happens we are projecting the market will stabilize and we will see healthier 3% to 5% annual appreciation for the next few years. I am also expecting interest rates to continue to go up to the 8% to 10% range before inflation will get under control. At which time we will likely still be in a recession and then the Fed will most likely have to lower rates back down to help pull us out of the recession. I personally am continuing to buy and invest in the local real estate market but I have adjusted my formula to match the current and projected market conditions. You can no longer bank on aggressive appreciation when calculating your After Repair Value (ARV). Be conservative and calculated with your formula, don't be emotional, and if the numbers work then buy smart. It is also wise to have a Plan B should your exit strategy not work out. I recommend making sure the property is also a good "buy and hold" property for cash flow as a worse case scenario so you can wait out the storm should it get unexpectedly worse. If we can help answer any questions or guide you through buying or selling your properties please don't hesitate to contact our team. We are always happy to help. Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate RobertAdams@RIrealestateHELP.com Over an Acre Lot - Private Well & Septic - RV Hook Ups - 1 Story - No HOA - Move In Ready Home!6/9/2022 2290 Pilot Place Pahrump, NV 89060 For Sale Listed at $399,999 Viewer Controlled 3d Tour HERE Beautiful 1 story home on over 1 acre of land! NO HOA! 3 bedrooms, 2 bathrooms, 2 car garage almost 2000 sqft. Open floor plan with surround sound in the living room which is great for entertaining! HVAC was recently replaced for the house and the garage has a separate AC that is newer as well. Water heater was replaced in 2021 and the Property is on a septic system, private well for water and has a water filtration installed on the house. Freshly painted and move in ready! Granite counters in the kitchen, wood shutters, large closets plus cameras on the exterior! Schedule a viewing today! CLICK HERE FOR FULL DETAILS AND LIVE UPDATES FOR THIS HOME Subscribe to our YouTube Channel for Real Estate Tips, Listings, Market Updates, Flip Projects and more! CONTACT THE ADAMS TEAM AT ROTHWELL GORNT COMPANIES TODAY! If you are not on our buyer's list please email us and request to be added. We will email you the details of each home to see if it is a good fit for you. #LVrealestateHELP #TheAdamsTeamatRothwellGorntCompanies #LasVegasRealEstate #LasVegas #Vegas #LasVegasStrip #HendersonRealEstate #Henderson #MovingtoVegas #LakeLasVegas #RealEstate #RothwellGorntCompanies #LuxuryRealEstate #ListingAgent #BuyersAgent #Realtor #LasVegasRealtor #Broker #Investor #Deals #LasVegasRealEstateAgent #RealEstateBroker Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate
RobertAdams@RIrealestateHELP.com 515 Landmark Lane Henderson, NV 89002 For Sale Listed at $415,000 Viewer Controlled 3d Tour HERE Beautiful 1 story home in Henderson, No HOA with RV parking! This home has 3 bedrooms, 2 bathrooms, stainless steel appliances, and a nicely landscaped private yard with covered patio. Schedule a showing of this move in ready home with community parks, shopping and restaurants close by before it’s gone! CLICK HERE FOR FULL DETAILS AND LIVE UPDATES FOR THIS HOME Subscribe to our YouTube Channel for Real Estate Tips, Listings, Market Updates, Flip Projects and more! CONTACT THE ADAMS TEAM AT ROTHWELL GORNT COMPANIES TODAY! If you are not on our buyer's list please email us and request to be added. We will email you the details of each home to see if it is a good fit for you. #LVrealestateHELP #TheAdamsTeamatRothwellGorntCompanies #LasVegasRealEstate #LasVegas #Vegas #LasVegasStrip #HendersonRealEstate #Henderson #MovingtoVegas #LakeLasVegas #RealEstate #RothwellGorntCompanies #LuxuryRealEstate #ListingAgent #BuyersAgent #Realtor #LasVegasRealtor #Broker #Investor #Deals #LasVegasRealEstateAgent #RealEstateBroker Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate
RobertAdams@RIrealestateHELP.com 10542 El Camino Las Vegas, NV 89141 For Sale Listed at $530,000 Viewer Controlled 3d Tour HERE FORMER MODEL HOME WITH NUMEROUS UPGRADES BUILT IN 2019 HARDLY LIVED IN NEAR SOUTHERN HIGHLANDS. SHOPPING & RESTAURANTS JUST A FEW MINUTES AWAY. GORGEOUS KITCHEN WITH STAINLESS STEEL APPLIANCES, QUARTZ COUNTERTOPS, UPGRADED CABINETS & HARDWARE, MODERN LIGHT FIXTURES, OPEN FLOOR PLAN GREAT FOR ENTERTAINING! LUXURY VINYL PLANK FLOORING DOWNSTAIRS & UPGRADED CARPET UPSTAIRS, SHUTTERS, CUSTOM BACKSPLASHES, 2 TONE PAINT W/ACCENT WALLS, 3 BEDROOMS PLUS A LOFT, 3 BATHROOMS, BALCONY OFF THE MASTER BEDROOM THAT OVER LOOKS THE FULLY LANDSCAPED BACKYARD. THIS HOME IS MOVE IN READY. COMMUNITY HAS A LOW HOA. FURNITURE IS NEGOTIABLE! SCHEDULE A SHOWING BEFORE THIS ONE IS GONE! CLICK HERE FOR FULL DETAILS AND LIVE UPDATES FOR THIS HOME Subscribe to our YouTube Channel for Real Estate Tips, Listings, Market Updates, Flip Projects and more! CONTACT THE ADAMS TEAM AT ROTHWELL GORNT COMPANIES TODAY! If you are not on our buyer's list please email us and request to be added. We will email you the details of each home to see if it is a good fit for you. #LVrealestateHELP #TheAdamsTeamatRothwellGorntCompanies #LasVegasRealEstate #LasVegas #Vegas #LasVegasStrip #HendersonRealEstate #Henderson #MovingtoVegas #LakeLasVegas #RealEstate #RothwellGorntCompanies #LuxuryRealEstate #ListingAgent #BuyersAgent #Realtor #LasVegasRealtor #Broker #Investor #Deals #LasVegasRealEstateAgent #RealEstateBroker Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate
RobertAdams@RIrealestateHELP.com 601 Cabrillo #107 Henderson, NV 89015 For Sale Listed at $235,000 Viewer Controlled 3d Tour HERE Completely remodeled including a brand new HVAC unit, stainless steel appliances, brand new kitchen cabinets, new light fixtures, baseboards, paint and hardware throughout. This 2 bedroom condo has waterproof vinyl laminate flooring throughout except for the new carpet in both bedrooms. Both bathrooms are also fully remodeled with new tile tub/shower surrounds new toilets, fixtures etc. This one won't last! Schedule a showing before it is gone! CLICK HERE FOR FULL DETAILS AND LIVE UPDATES FOR THIS HOME Subscribe to our YouTube Channel for Real Estate Tips, Listings, Market Updates, Flip Projects and more! CONTACT THE ADAMS TEAM AT ROTHWELL GORNT COMPANIES TODAY! If you are not on our buyer's list please email us and request to be added. We will email you the details of each home to see if it is a good fit for you. #LVrealestateHELP #TheAdamsTeamatRothwellGorntCompanies #LasVegasRealEstate #LasVegas #Vegas #LasVegasStrip #HendersonRealEstate #Henderson #MovingtoVegas #LakeLasVegas #RealEstate #RothwellGorntCompanies #LuxuryRealEstate #ListingAgent #BuyersAgent #Realtor #LasVegasRealtor #Broker #Investor #Deals #LasVegasRealEstateAgent #RealEstateBroker Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate
RobertAdams@RIrealestateHELP.com The BEFORE VideoThe DURING VideoSubscribe to our YouTube Channel for the AFTER Video that is Coming Soon!
CONTACT THE ADAMS TEAM AT ROTHWELL GORNT COMPANIES TODAY!
If you are not on our buyer's list please email us and request to be added. We will email you the details of each home to see if it is a good fit for you. #LVrealestateHELP #TheAdamsTeamatRothwellGorntCompanies #LasVegasRealEstate #LasVegas #Vegas #LasVegasStrip #HendersonRealEstate #Henderson #MovingtoVegas #LakeLasVegas #RealEstate #RothwellGorntCompanies #LuxuryRealEstate #ListingAgent #BuyersAgent #Realtor #LasVegasRealtor #Broker #Investor #Deals #LasVegasRealEstateAgent #RealEstateBroker Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate RobertAdams@RIrealestateHELP.com
781 Wigan Pier Dr Henderson, NV 89002
For Sale Listed at $628,933 Pristine 2 story home with pool/spa and RV parking in the Guard Gated community of Palm Hills! Over 2600 sqft, 4 bedrooms with one of them downstairs! Oversized loft, neutral paint, beautiful new carpet, gorgeous laminate flooring downstairs, stainless steel appliances in the kitchen and all included. Large bedrooms with great size closets, water softener, new window screens, back perimeter wall was stucco and painted. This home is move in ready to enjoy this summer! Schedule a showing before it is gone! CLICK HERE FOR FULL DETAILS AND LIVE UPDATES FOR THIS HOME
CONTACT THE ADAMS TEAM AT ROTHWELL GORNT COMPANIES TODAY!
If you are not on our buyer's list please email us and request to be added. We will email you the details of each home to see if it is a good fit for you. #LVrealestateHELP #TheAdamsTeamatRothwellGorntCompanies #LasVegasRealEstate #LasVegas #Vegas #LasVegasStrip #HendersonRealEstate #Henderson #MovingtoVegas #LakeLasVegas #RealEstate #RothwellGorntCompanies #LuxuryRealEstate #ListingAgent #BuyersAgent #Realtor #LasVegasRealtor #Broker #Investor #Deals #LasVegasRealEstateAgent #RealEstateBroker Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate RobertAdams@RIrealestateHELP.com
1925 Cutlass Henderson, NV 89014
For Sale Listed at $230,000 GREEN VALLEY UPPER LEVEL CONDO IN A GATED COMMUNITY W/COMMUNITY POOL & CLUBHOUSE, 2 BEDROOMS, 2 FULL BATHROOMS. 2 BALCONIES! CARPORT PARKING, ALL APPLIANCES ARE INCLUDED. JUST MINUTES FROM SHOPPING CENTERS RESTAURANTS & LOCAL CASINOS FOR ENTERTAINMENT. THIS WILL NOT LAST LONG! SCHEDULE A VIEWING TODAY! CLICK HERE FOR FULL DETAILS AND LIVE UPDATES FOR THIS HOME
CONTACT THE ADAMS TEAM AT ROTHWELL GORNT COMPANIES TODAY!
If you are not on our buyer's list please email us and request to be added. We will email you the details of each home to see if it is a good fit for you. #LVrealestateHELP #TheAdamsTeamatRothwellGorntCompanies #LasVegasRealEstate #LasVegas #Vegas #LasVegasStrip #HendersonRealEstate #Henderson #MovingtoVegas #LakeLasVegas #RealEstate #RothwellGorntCompanies #LuxuryRealEstate #ListingAgent #BuyersAgent #Realtor #LasVegasRealtor #Broker #Investor #Deals #LasVegasRealEstateAgent #RealEstateBroker Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate RobertAdams@RIrealestateHELP.com 404 Via Stretto Ave Henderson, NV 89011 For Sale Listed at $614,999 3d Tour Available HERE Gorgeous Former model home in the Guard gated/golf community of Tuscany wrapped around Chimera Golf Course.NO SIDs/LIDs.HOA provides 35k sqft rec. facility(pools,spas,tennis,gym,aerobic,pool tables,card rm,meeting rm, bball& racquetball courts. Over 2800 sqft, 3 bedrooms, 2.5 half bathrooms, 2 car garage plus extra space could fit a golf cart, den, loft, lots of storage space! Huge deck w/unobstructed views of mountains and Strip and on a Quiet cul-de-sac. Courtyard with firepit! Crown moldings, 2 pantries, oversized laundry room, too many features to list. Schedule a viewing today! CLICK HERE FOR FULL DETAILS AND LIVE UPDATES FOR THIS HOME CONTACT THE ADAMS TEAM AT ROTHWELL GORNT COMPANIES TODAY! If you are not on our buyer's list please email us and request to be added. We will email you the details of each home to see if it is a good fit for you. #LVrealestateHELP #TheAdamsTeamatRothwellGorntCompanies #LasVegasRealEstate #LasVegas #Vegas #LasVegasStrip #HendersonRealEstate #Henderson #MovingtoVegas #LakeLasVegas #RealEstate #RothwellGorntCompanies #LuxuryRealEstate #ListingAgent #BuyersAgent #Realtor #LasVegasRealtor #Broker #Investor #Deals #LasVegasRealEstateAgent #RealEstateBroker Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate
RobertAdams@RIrealestateHELP.com We made over $100k profit on these last 2 flips.
I give the breakdown on how we found this deal, how much time it took to negotiate / remodel it, how much money we spent on the remodel, what we sold it for, and how much profit we cleared when it was all said and done.
Subscribe to ourYouTube channel for more flip breakdowns. We have much more to share. If you are an investor looking to buy or sell investment property in the Las Vegas and Henderson area please give us a call today. In just the first 3 months of 2022 The Adams Team has CLOSED over $21M+ in sales volume and CLOSED 37 transactions. With Q1 in the books they are ready to continue the momentum of helping otherwise frustrated buyers lock up deals before home values and rates continue to skyrocket. If you are looking for an experienced team that knows what needs to be done in today's market call/text The Adams Team at Rothwell Gornt Companies today. Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate RobertAdams@RIrealestateHELP.com 5 Tips to Get Your Offer Accepted in a HOT Housing Market - Robert & Angela Adams - The Adams Team4/4/2022
While many buyers are getting frustrated and losing offer after offer in todays housing market due to VERY low inventory levels and extremely high demand, Robert and Angela Adams of The Adams Team at Rothwell Gornt Companies in Las Vegas and Henerson, NV have been successful at finding their clients their dream homes and actually being able to win over sellers in these crazy bidding wars with these 5 tips!
In just the first 3 months of 2022 The Adams Team has CLOSED over $21M in sales volume and CLOSED 37 transactions. With Q1 in the books they are ready to continue the momentum of helping otherwise frustrated buyers lock up deals before home values and rates continue to skyrocket. If you are looking for an experienced team that knows what needs to be done in today's market call/text The Adams Team at Rothwell Gornt Companies today. Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate RobertAdams@RIrealestateHELP.com
2150 Polynesia Circle Henderson, NV 89074
For Sale Listed at $450,000 Completely remodeled 3 bed, 2 bath 2 car garage single family house in Green Valley in Henderson, NV just 20 minutes from the Las Vegas Strip. It is within a gated community with a community pool and spa! Stainless steel appliances, georgous new coutertops, new paint, new cabinet hardward, refinished cabinets, new under mount sinks, new light fixtures, freshly painted garage with epoxy floor, pleanty of cabinets and shelving in the garage. HVAC unit was replaced in 2018, new water heater in 2019, roof is in great shape, this is the one! The front and rear yard has turf and low maintenance landscaping with a covered patio and solar screens to keep the home cool in the summer. THIS IS THE LOWEST PRICED REMODELED 1 STORY HOME IN ALL OF 89074! Call or text today details and showings! this one won't last.
CONTACT THE ADAMS TEAM AT ROTHWELL GORNT COMPANIES TODAY!
If you are not on our buyer's list please email us and request to be added. We will email you the details of each home to see if it is a good fit for you. #LVrealestateHELP #TheAdamsTeamatRothwellGorntCompanies #LasVegasRealEstate #LasVegas #Vegas #LasVegasStrip #HendersonRealEstate #Henderson #MovingtoVegas #LakeLasVegas #RealEstate #RothwellGorntCompanies #LuxuryRealEstate #ListingAgent #BuyersAgent #Realtor #LasVegasRealtor #Broker #Investor #Deals #LasVegasRealEstateAgent #RealEstateBroker Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate RobertAdams@RIrealestateHELP.com
We are in the middle of remodeling this 3 bed, 2 bath 2 car garage single family house in Green Valley in Henderson, NV just 20 minutes from the Las Vegas Strip. It is within a gated community with a community pool and spa! We will be done in about a week and then it will be ready to show!
We will post an "AFTER" video in about a week once remodel completed. This is a great buy and hold property for a future investor or a buyer looking for a primary residence or second home as the AC was replaced 5 years ago, water heater replace in 2019, roof is in perfect condition, and the interior and exterior will be fully remodeled with all stainless steel appliances included! After the remodel it will rent out for about $2,350 mo.
We also have another condo unit we will be starting right after this one. It' is a 2 bed, 2 bath in Henderson, NV. If you are interested in either property please let us know. We hope you enjoy the video, please leave a comment, like and subscribe for more on flipping Las Vegas properties! CONTACT THE ADAMS TEAM AT ROTHWELL GORNT COMPANIES TODAY! If you are not on our buyer's list please email us and request to be added. We will email you the details of each home to see if it is a good fit for you. #LVrealestateHELP #TheAdamsTeamatRothwellGorntCompanies #LasVegasRealEstate #LasVegas #Vegas #LasVegasStrip #HendersonRealEstate #Henderson #MovingtoVegas #LakeLasVegas #RealEstate #RothwellGorntCompanies #LuxuryRealEstate #ListingAgent #BuyersAgent #Realtor #LasVegasRealtor #Broker #Investor #Deals #LasVegasRealEstateAgent #RealEstateBroker Best Regards, NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies MA & RI Real Estate Broker at Sankey Real Estate RobertAdams@RIrealestateHELP.com |
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