Las Vegas Homes = Good Investment

Las Vegas is A Good Investment

After years of instability in the wake of the housing market collapse, the Las Vegas
real estate industry could finally be seeing things turn around.

According to a report from DataQuick, there were a greater number of homes sold in
Las Vegas in February on both an annual and month-over-month basis. A report
indicated that there were 4,240 transactions of both single-family homes and
condominiums. This is a 5 percent increase from the previous month, and an 8.9
percent rise from a year earlier.

The Las Vegas marketplace has been flooded with foreclosures and distressed
properties during recent years. As a result, a majority of home sale
transactions are occurring in the low-end of the market.

The report noted that the sales rate of homes less than $100,000 surged 18.9
percent in February on an annual basis and accounted for 42.8 percent of all
transactions. In contrast, the rate of home
sales
for more than $300,000 edged just 1.1 percent higher.

Housing instability in Las Vegas could be seen as negative by a number of people,
especially current homeowners. However, falling home prices has made the
prospect of purchasing a home for sale in Las Vegas much more affordable for
entry-level homebuyers.

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Las Vegas Market Is On The Move

Buyers are moving quickly to write an offer when they find a home that they like.  No more spending days looking at “all” the homes available that meet the buyers buying criteria.   “All” is not many.   

Take a look at the statistics.  The following information includes the city of Las Vegas and Henderson.

6,180 Homes Closed Escrow in 2012 through 2/26/2012.  108 homes closed escrow every day this year. 

Currently there are only 8,490 single family…

Watch This Short Real Estate Investment Video

Understand the incredible opportunities available in today’s market to build wealth through real estate.

Watch This Short Video!

With interest rates at historic lows, and incredible bargains available in our local market, more and more of my clients are investing their money in real estate. Watch this short video and find out how almost anyone can get started today with very little down!

Then contact us at info@lasvegasrelocation.com  or just call (702) 496-7653…