Special offer

North Las Vegas Home Sales: Financing by Price Range

By
Real Estate Agent with Keller Williams Realty The Marketplace NV License # 56750

North Las Vegas Home Sales: Financing by Price Range

Out of 486 single-family homes sold in North Las Vegas in September, 164 (33.7%) were cash sales. At prices below $100,000 cash accounted for 61.0% of sales, accenting the intense competition that first-time homebuyers face from investors. The higher rate of VA financing relative to other areas of the valley can be explained by the proximity of Nellis Air Force Base.

Financing choices for North Las Vegas home sales


To find out more about buying or selling homes in North Las Vegas, just give me a call at (702) 339-9700, or email me at JohnNovak@kw.com.

(GLVAR deems information reliable but not guaranteed. Data is for MLS areas 101-103.)

Damon Gettier
Damon Gettier & Associates, REALTORS- Roanoke Va Short Sale Expert - Roanoke, VA
Broker/Owner ABRM, GRI, CDPE

It appears that FHA is as big a player for you as it is for me!

Nov 01, 2010 01:59 PM
Cal Yoder
Keller Williams Elite - Lititz, PA
Homes For Sale in Lancaster PA - 717.413.0744

Amazing how many cash deals you are having in your market. That is fairly remarkable.

Cal

Nov 01, 2010 04:02 PM
Stanton Homes
Stanton Homes - New Home Builder - Raleigh, NC
Design/Build Custom Home Builder in North Carolina

Wow, that is a LOT of cash sales.  Many multiple bid situations under $100K?

Nov 02, 2010 06:29 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

John - As of right now cash remains king in my market too, but I wonder if that's going to change over time as prices start to go back up.

Nov 02, 2010 07:22 AM
Kate Bourland
Marketing with Kate - Redding, CA
Onlilne Marketing Mobile Marketing

John, I love those graphs.  Very interesting the way things break down by price range.  

Nov 02, 2010 07:13 PM