North Las Vegas Home Sales: Financing by Price Range - April 2011
Out of 592 single-family homes sold in North Las Vegas in April, 248 (41.9%) were cash sales. This is up from 39.0% in March. At prices below $100,000 cash accounted for 60.0% of sales, emphasizing the major 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.
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.)
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