Frequently Asked Questions on Las Vegas Real Estate
Source: www.relv.com
Q: What is the median price for
a
home in Las
Vegas?
A: The Median
price for a
home in Las
Vegas for the month of February 2005 was $286,805.
Q: What is the approximate
percentage of annual appreciation for a home in the Las Vegas Valley?
A:
According to The National Association of Realtors the
Las Vegas
real estate market was the top city in the nation
for property appreciation with an unprecedented 52.4 percent increase
for 2004.
Q: Does
Las Vegas housing
availability become more scarce in the summer months?
A: Yes, traditionally most relocation occurs in the
summer months and
Las Vegas
homes become harder to find and generally more
expensive.
Q: Is
Las Vegas real
estate still a good buy?
A: Absolutely. Compared to other metropolitan areas in
the nation
Las Vegas
homes are still a GREAT BUY!
Q: Should I try and get pre-qualified on a
Las Vegas home
loan BEFORE I start shopping for a
home in Las Vegas?
A: We recommend that you do get
pre-qualified to enable you to have a better idea of much of a
Las Vegas
home you are able to afford. This eliminates and
surprises when we present any offers on a home you chose and gives the
offer more credibility from the Sellers point of view.
Q: How much are the association fees for
Las Vegas
condos?
A: Association fees for
Las Vegas
condos and homes will vary, however any cost will be
determined and disclosed to you BEFORE you make an offer.
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