47°F
weather icon Clear

Real Estate News

Experts say housing market is on path to full recovery

Summerlin, led by its communities The Vistas, The Paseos and The Ridges, along with Henderson swept the top five spots for having the highest median existing home price sales in 2019 — a year that showed overall price growth slowed in the valley and should continue to do so again in 2020, according to Brian Gordon, a principal at Applied Analysis whose firm prepared the annual report.

Neighbor’s large old pine tree does appear to be a nuisance

More and more associations are dealing with parking issues and their CCRs regulations concerning street parking and garage parking. Boards are being faced with the difficulty of developing regulations that are not only consistent with the covenants but also provide some comment sense and equality of enforcement when situations arise within their community, such as mentioned in your email to me.

Not a good idea for unescorted visitors to view property in community

This association should discuss this issue with legal counsel. If it is not in violation of the association’s governing documents, I think licensed real estate salespeople or property managers need to meet their customers. I would not like my association to allow unescorted customers wandering on my streets.

HOAs should equally enforce its regulations

The short answer is yes the association should equally enforce its regulations and that homeowners who are violating the governing documents should be held to the same standard as you to the maintenance of the wall.

THE LATEST
Homeowner says HOA president is ‘off the rails’

Decisions that impact the association need to be approved by the board of directors. Your board needs to discuss protocol with the president and each director.

Experts bullish on Las Vegas housing market

Groundbreaking ceremonies were held Wednesday at Lake Las Vegas for a resort-style clubhouse that will serve Del Webb’s first age-qualified community in the valley in more than a decade. Analysts said it’s a further sign of the strength in the 2020 new home market. Del Webb, part of the Pulte Group, will open Del Webb Lake Las Vegas and a community in North Las Vegas early this year.

No one wants to be on the HOA Architectural Review Committee

Yes. Unfortunately, this is a common problem for many associations in finding volunteers, especially homeowners who have experience in reviewing architectural requests.

HOA has no authority to evict problem renter from home

Unfortunately, other than fining the homeowner, the association has no eviction authority to remove the tenant from the community.

Homeowners deserve explanation why HOA did not follow reserve study

If your association is not funding the reserves as recommended by the reserve specialist, the association would need to develop a funding plan designed in an actuarially sound manner which will ensure that sufficient money is available when the association is obligated to maintain, repair, replacement and restoration of the major components.

REAL ESTATE BRIEFS: DEC. 28

Cox Communications announced it is entering into a partnership with Henderson to pilot its smart technology in the city’s Water Street District Innovation Corridor.

Five holiday season tips for homeowners

CAMCO homeowners association management has some suggestions for homeowners to make the holidays more joyful and safe.

HOA should have given 48-hour notice before towing truck

Yes, you should have received some 48-hour notice prior to the truck being towed. As to the six citations that the association claims on the truck, you have the right to receive copies of the citations and meet with the community manager. If the citations are not valid, you do have the right to seek reimbursement for the towing charges.

HOA rules still in effect; board can be recalled

Removal of board members fall under Nevada Revised Statute 116.31036 (2). A removal election may be called by the homeowners constituting at least 10 percent or any lower percentage specified in the bylaws of the total number of voting members of the association.

Conference to address decline of black homeownership

A national organization of real estate professionals is coming to Las Vegas in February to “declare war on the decline of black homeownership” and given the rates in Southern Nevada, it will be the perfect locale to spread that message.

1 2 3 55