Originally Posted by kewlJ View Post
Originally Posted by monet View Post
Our house had around a 25% increase in the last year but the way I understand it is the prices and value have gone up but the houses aren't selling right now compared to a few years ago.
This doesn't make a lot of sense to me Monet. But then again, lot's of things don't make sense to me.

I don't want to hold out though. I am ready to move on. The house served my needs while we were here and I will have fond memories, but with the passing of my partner, I really want to move on.

My favorite part of the home and what I will miss most of all is the back yard area, deck, and swimming pool. I actually installed a water cooling system, so that we can actually enjoy our swimming pool during the summer, unlike many here in Vegas that don't use their pools because the water is 90-95 degrees. In the fall we spent every Sunday out back with friends and family, barbequing and watching football. I will really miss that. But life goes on. You make new traditions.
I don't know how to explain it to you if you don't understand but I will try. I guess this is a sellers market right now meaning that more houses are up for sale compared to the amount of buyers and buyers have the advantage of picking and choosing. I guess more supply compared to demand. You can look that up under the Las Vegas/Nevada Real Estate Market right now online... those articles explain it better. Personally I bought this house before the crash at 180k and after the crash it went down to a low point of 120k. Last Year when I looked up the estimated value it was around 145k and now when I look it up it is at 200k not counting upgrades like how I put in all new flooring, 410 AC/Heater Unit and some other upgrades which make the value go up. They tell me the best way to increase value is to upgrade your bathrooms and kitchens and to put walk in showers in the bathrooms right now which seems to be a desired option.