Have Home Prices gone past YOUR Budget?

Las Vegas home prices, sales climb again at start of 2018

It’s not a secret that we’ve been battling a shortage of homes here in Southern Nevada for a number of years now and in typical “Sales 101” fashion the lack of supply has driven up home prices. With rental costs increasing and mortgage interest rates remaining near historic lows, more and more people are looking into buying a home. The problem that they’re finding is that the prices may have increased past their buying power.

A recent Las Vegas Review-Journal Article confirmed that from the beginning of 2017 to the end of 2017 the median house price has increased by 14% to $267,900. With the continued low inventory there does not seem to be an end in site.

If you’re considering Buying a home in 2018 contact us today at (702) 501-8726! Don’t let home prices go past your budget and miss out on the American Dream!

Facebook Live Tour of Lennar Aventine!


I recently did a Facebook Live tour of the Lennar Aventine community and they have a number of standing inventory/move-in ready homes!

This gated Seven Hills area community in Henderson is zoned for the coveted Coronado High School, Del Webb Middle School, and Wolff Elementary. It is also built around the Rio Secco Golf Course!

Be sure to watch the video which emphasizes their Standard Features (granite kitchen counters, stainless steel appliances, stackable sliding glass doors, and much more).  The single story floor plan is over 2600 square feet while the smallest two-story is 3470 square feet! Whether you’re looking to move now or after the 5-6 month construction period, I’m sure you’ll agree that these homes are fantastic!

Contact me today at (702) 501-8726 to setup a tour of their models and to see these standing inventory beauties!

Click to watch the Facebook Live Tour of Lennar Aventine

Luxury Living in Southern Nevada versus Southern California

With more and more people relocating to Southern Nevada from Southern California the overwhelming savings with their cost of living is still leaving many transients in shock. Their dollar is stretched much farther allowing them a luxury lifestyle that was unattainable in tax heavy California.

I recently previewed a luxury home in Henderson’s MacDonald Highlands for a client relocating from California and took the opportunity to film a quick video pointing out some cost of living facts.

Comparing the Southern NV luxury lifestyle to Southern CA

You Deserve to Have Us Represent You When Buying or Selling!

If you’ve had Kandis & I represent you when buying or selling a home (or you know us personally and know our passion for our clients), then you know we set the bar very high for REALTORS. My latest video helps explain the different when having two top producing real estate agents on your side makes all the difference….we’re full time REALTORS who eat, breathe, and sleep real estate! After all, you need to trust in your real estate agent in selling for top dollar or buying at the best possible price! Contact us today to get started with the representation you deserve!




The Power of Video

If you’re familiar with our Blogs/Facebook/Twitter posts, you know that I use my Youtube videos to market and promote but to also educate Buyers and Sellers. One particular video I did last year about The Home is Possible Grant for free money for your home down payment has now been seen by over 1,000 people! If you haven’t seen it already, here it is! Keep in mind that the program is still going strong and now offers down payment money for Conventional, FHA, & VA Home Loans! Contact me today to get started! You can call or text (702) 501-8726 or email me at rebarchick@gmail.com

Why are you still RENTING?!?!

Don’t get me wrong, there are certainly scenarios when renting a home or an apartment might be best for your situation (bad credit, not planning on setting “roots” in Southern Nevada, etc.) but with the positives most likely outweighing the negatives….I have to ask, “Why are you still renting?”


My quick video above explains the numbers pretty clearly. Stop throwing your money away each and quit making your landlord rich! With interest rates remaining at record lows and rental prices rising, stop Renting! You can now have a mortgage payment at less than a monthly rent payment.

Take advantage of those record low interest rates, Mortgage Company lenient underwriting, Down Payment Assistant Programs, Tax Deductions and contact me today to get started!


Rediscovering The District at Green Valley Ranch


Recently I had the pleasure of representing a Buyer for one of the condo units at The District located at Green Valley Ranch. That’s right, while a number of the buildings are occupied by businesses, a few actually have residential condominiums on the 2nd and 3rd Floors (88 residential units to be exact)! Besides the proximity to the Green Valley Ranch and all it offers, the amenities and advantages of living here are unbelievable! Rooftop Hot Tubs, Private Fitness Center, a Resident Library/Social Area, Subterranean Parking, along with a Concierge and 24 Hour Security makes for quite the unique living experience!

The District has also gone through some changes in the past six-months with new stores and restaurants. You can read all about it on the recent liveinhenderson.com blog here.


You need a REALTOR® when buying a home from the Builder!


You may wonder why you need a REALTOR when buying a home from the Builder (after all that Sales Agent at the Model Home was really nice), but Kandis & I come across multiple issues during the home building process. We stay on top of things that our Buying Clients could never have guessed would ever come up. Needless to say they’re glad they have us representing them…and at no cost!

Construction delays, outrageously overpriced lot premiums, removal of features, incorrect installation, upgraded items chosen that are no longer available are all situations that have come up and we’ve rectified with the Builder. In a few of these instances we had to renegotiate the sales price to help offset these issues. That’s right, new home prices are in fact negotiable!

Here are a few other things to keep in mind if considering buying a brand new home from a Builder:

  1. Your Realtor has access to all of the New Home Communities that are either selling or that will be selling. It’s a New Home MLS similar to the resale housing MLS.
  2. If you happen to drive by a New Home Community and decide to stop in, contact your Realtor before doing so. They’ll need to register you with the builder in order to act on your behalf. Remember, the Sales Agent at the home site represents the Builder/Seller.
  3. Your Realtor will run the Active and Sold Comparable homes in the neighborhood to help give you a better sense of pricing for this new home product versus the surrounding resale homes.
  4. There’s a lot of “behind the scenes” situations that come up throughout the building process. Is construction running on time? Does your Lender have everything they need? Did you pick out flooring within the allowed budget? Have you scheduled a day and time to sign your closing documents? Kandis & I help orchestrate and stay on top of these items during the 3-5 month construction period.
  5. You don’t pay us. That’s right, the Builder does. Our help representing you, all of our behind the scenes work, all of our due diligence is paid by the Builder! We don’t charge you a penny!

If you haven’t already, be sure to checkout our video web series about moving into the new Lennar Aventine Community here.

Remember that whether you’re buying a New Home Build or a Resale Home, you need REALTORS that you can count on. We’re here for our clients and have their best interest in mind. The home buying process should be a happy and exciting time. We work to keep your frustration level at a minimum!

Mike Rebarchick