| Market Commentary Provided by Mark Krempel IT’S A GREAT TIME TO BUY IN LAS VEGAS! |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL
Mark Krempel
Prudential Americana Group Henderson, Nevada 702-523-8929 mkrempel@cox.net Agent Home Page |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | 90-120 days | ||||
| Market Trend | No Change | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $250,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Down 20-25% | ||||
| Prices As % of Asking Price | 90-95% | ||||
| Multiple Offers? | Yes | ||||
| Greatest Activity | First Time Buyers | ||||
| Buyer Activity for the past 90 days in Aliante is | |||||
| Seller Activity for the past 90 days in Aliante is | |||||
| Is Financing Available For Qualified Buyers in Aliante? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | All areas of Aliante and the Northwest are facing lower prices from a year ago. We are in a buyers market where the buyer controls terms and in many cases can easily receive closing costs from the seller. Our current housing inventory is high. Many buyers are again finding great bargains in all price ranges. | ||||
| Reason to Buy/Sell | Job Growth | ||||
| Average Sold Price | $250,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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