Las Vegas September home sales buoyed by move-up buyers

Las Vegas September home sales buoyed by move-up buyers

Real Estate Statistics. Nationally the median single-family home listing price was 249,400 and the average income for a household was $77,902.. The national average for homes on the market was 87 days only two days faster than this time last year. National inventory grew 6 percent year over year while inventory in large markets increased only 12%.

The gaming industry, dominated by casino companies such as Adelson’s Las Vegas Sands Corp. and Wynn Resorts. market amid strong demand from domestic buyers, who now account for virtually all home.

 · Las Vegas, Nevada Housing Market Forecast 2018.. with more home sales and more appreciation expected for the foreseeable future.”. which suggests a lower level of demand from buyers. In October, the Las Vegas real estate market had a median DOM of approximately 55 days. That was higher than the national average.

Colorado AG indicts family for mortgage-fraud scheme Multifamily housing bubble may be in the future commercial real estate CRE Opinion: Is Another Housing Bubble Building? With more than 100,000 multifamily units coming online since 2010, it’s easy to get a little nervous about overbuilding.The Colorado state attorney general’s office announced a 37-count indictment against six family members for using their status in the real estate industry to perpetrate a mortgage fraud scheme.

A sizable drop in mortgage interest rates didn't do much to help home sales in April, with prices in Toronto and Vancouver moving closer to levels supported by fundamentals.. by NAHB Remodelers during the International Builders' Show in Las Vegas. Value of Canada building permits up 0.4% in September .

PulteGroup, the largest U.S. builder by market value, is offering as much as $3,500 in closing cost assistance to buyers at communities in Las Vegas. likely to slow sales to first-time buyers than.

Buoyed by strong job and population growth, Las Vegas home prices are rising fastest among major cities. Prices were up 13.5 percent year-over-year in September, more than double the national rate.

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New-home sales are up from 2014, but report delivers bad news, too. 0.. according to Las Vegas-based Home Builders Research.. lenders have been issuing more mortgages in Las Vegas and buyers have been making smaller down payments.

Las Vegas-area home sales fell in October as sub-$200,000 transactions continued to decline and the share of homes sold to absentee and cash buyers dropped to the lowest level in more than three years. The median sale price rose to $180,000 – the highest in nearly five years, according to San Diego-based DataQuick.

Henderson, Nev. – Sept 2018 – Lennar is excited to announce The Outlook, a new community of single-family homes for sale situated in the Lake Las Vegas masterplan, will grand open on Saturday, September 29 from 10 a.m. to 6 p.m.

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