Hampton Village At Nevada Trails (Las Vegas, NV)
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Here is what buyers received in seller paid concessions on August 2010 Las Vegas Area (Henderson - N Las Vegas - Las Vegas) Closes: Less than $500:  70% ($500 only buys you a home warranty or (no and) an appraisal) Between $501-4000:  17% Over $4001:  13% This pretty much means that sellers aren't giving up much of anything since Las Vegas is a Seller's Market and in dire need of sellable inventory!  Inventory levels are rising just slightly and we are seeing some movement/improvement in this sector which is good news, especially for buyers who want/need closing costs! Last Month's Concession Stand Most Current Concession Stand What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports? General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the ave...
Comments 5
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Prices are softening and homes are sitting on the market with not as many multiple offer scenarios.  This means more buyer paid concessions and home prices sliding down again (softly this time.......I hope!) Congratulations First Time Buyers That Waited... You Just Saved More Than $8000! Sounds cold hearted yet true!  I said this could happen :wink winks:  Inventory is building rapidly.  I predicted December before we turn from a severe seller's market to stable market.  It could happen as soon as October or November with the rate we are building inventory! Here is the Video That Shows the "Hidden" Savings:  
Comments 6
Community Sponsor Las Vegas, NV Real Estate Professionals