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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 591 single-family homes sold in North Las Vegas in November, 189 (32.0%) were cash sales. At prices below $100,000 cash accounted for 54.7% of sales, signaling the 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.)

Joshua Zargari
MJ Decorators Workshop LI staging and home decorating - Lynbrook, NY
MJ Decorators Workshop

Good morning John!

A very nice presentation...Great stats...

Have a nice day!

Dec 22, 2010 09:09 PM
Eric Anderson
Eric Anderson Realty Group - Fayetteville, NC
Fort Bragg Military Relocation Services, Fayettevi

John, great stats.  It looks like you guys have a pretty good VA market for over $200,000.  VA is my language..

Dec 23, 2010 02:23 PM
Bob & Leilani Souza
Souza Realty 916.408.5500 - Roseville, CA
Greater Sacramento Area Homes, Land & Investments

Wow, John...54.7% of sales under $100k were cash buyers? You're indeed right about the competition against first-time buyers! Mele Kalikimaka! :)

Leilani

Dec 23, 2010 03:39 PM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

John  Arthur and I just stopped by to wish you and your family the Merriest of Christmases and a very Healthy and Prosperous New Year

Dec 24, 2010 02:00 AM