Investors buying Las Vegas Real Estate is a headline that we want to underscore with market analysis, facts and figures. The overall market drivers for investors in Las Vegas is our affordability and low interest rates, which makes our market extremely attractive to many.
MDA Data Quick, a San Diego real estate information services provider, just released their data which shows approximately 41.2% of all homes sold in Las Vegas were to investors. And, all cash purchases of Las Vegas Real Estate represented approximately 47.1 of all homes. Both of these statistics underscore how/why investors buying Las Vegas Real Estate.
DataQuick has also reported that 5,068 single family homes, condominiums and new home sales in October increased approx 22% versus a year ago. This is the fourteenth consecutive month that sales have risen on a year to year comparative basis. Also, October sales volume increased slightly by 1% versus September.
Investors buying Las Vegas Real Estate is an understatement to say the least. We are one of the few Las Vegas Realtors that offers sophisticated Property Management Services – please visit our web site for more details.
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