The Las Vegas Valley Real Estate Market
Gains Traditional Buyers
57.9%
Short Sales Decrease in the Las Vegas Valley Real Estate Market
The Greater Las Vegas Association of REALTORS® reported May 2013 a 31.8 % of all existing local home sales were short sales. This is a decrease from 32.5% in April 2013. Other sales included in 10.3% of all May sales were bank-owned properties, up from 10.0% of all sales in April 2013.
Traditional Home Sales are on the Rise for Southern Nevada
Traditional sales increased. Las Vegas, Henderson, and North Las Vegas are seeing a positive trend in sales and a change in buyer. 57.9 percent of all sales were the traditional type, which was up from 57.5% in April 2013.
June 2013: GLVAR Local Housing Market Statistics
Keep informed, contact Jill Paige at Jill Paige Homes (jillpaige@realtyexecutives.com and (702) 595-2922).
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