A Thank You to our Las Vegas Home Buyers

A Thank You to our Las Vegas Home Buyers

My wife, Jackie and myself would like to thank two very special people who just purchased a beautiful golf course community home in Silverstone Ranch in northwest Las Vegas, NV. Our clients now have a wonderful 1 story house overlooking the golf course that also has fabulous mountain views. The particular property they purchased was a bank owned home that has 2,400 sq.ft., 4 bedrooms, and 3 baths. The foreclosure is just a few years old and our clients will make a few minor changes in the choice of flooring and paint to personalize their new home to their liking. The entire buying process went very smoothly from finding the right property, negotiating the offer with the bank, and closing the escrow. They say that timing is everything and our clients were able to realize a very good value on their property especially when compared to what this home was selling for at the peak of the Las Vegas real estate...
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Las Vegas Homes Real Estate Market Report for April, 2011

Las Vegas Homes Real Estate Market Report for April, 2011

View the entire Las Vegas Market Condition Report for April, 2011. The Las Vegas real estate report for single family homes indicates that median closing prices for home sales fell $900 in March. The current median sale price for a Vegas home is $127,000. March saw 3,189 homes close escrow. Bank owned homes led the way with 1,507 homes sold, short sales had 739 sales, and standard homes had a total of 889 sales. At this time 54% of the properties are closing escrow. The Vegas housing market report reveals that March 2011 has a greater demand than at the same time in 2010 with 79 more properties that have sold and closed escrow. There is also a notable difference in the median sales price as well. At this time last year the median close price was $137,000 whereas today the closing price is $127,000. The difference in home sales prices is a significant $10,000. The Vegas real estate report indicates...
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March 2011…Market Condition Report

March 2011…Market Condition Report

View the entire...March 2011 Las Vegas Market Condition Report: The Las Vegas real estate report for single family homes indicates that median closing prices for home sales jumped $1,900 in February. The current median sale price for a Vegas home is $127,900. February saw 2,425 homes close escrow. Bank owned homes led the way with 1,199 homes sold, short sales had 634 sales, and standard homes had a total of 592 sales. At this time 52% of the properties are closing esrow. The Vegas housing market in February 2011 has a greater demand than at the same time in 2010 with 78 more properties that have sold and closed escrow. There is also a notable difference in the median sales price as well. At this time last year the median close price was $135,888 whereas today the closing price is $127,900. The difference in home prices is a significant $7,988. The Vegas real estate news indicates that the market bottom...
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