There were a total of 3,530 Single Family, Condo’s and Townhouses closed in the month of December
Resale 915 - 26% Short Sales 990 – 28% REO 1625 - 46%
1,833 Cash purchases
786 Conventional Financing
709 FHA Financing
152 VA Financing
Just a year ago there were more than 20,000 homes on the market. With a little more than 9,000 homes on the market we anticipate an increase in home values due to the lack of available inventory. Choices are very limited when it comes to home selection. Now if you add to this equation that interest rates are lower than any other time in our history this makes for a very competitive market. If you or someone you know is considering purchasing a home in Las Vegas call me so that I can help prepare you for today’s competitive market.
