Related To Story
|
Home Sales Increase In Valley
Buyers Take Advantage Of Foreclosures
POSTED: 8:21 am PDT March 24,
2009
UPDATED: 9:14 am PDT March 24,
2009
LAS VEGAS -- For the 11th straight month, existing home sales were up in the Valley.Buyers were taking advantage of discounted foreclosed homes.Seventy-one percent of the Las Vegas area houses and condos that re-sold in February were foreclosures.The median price for re-sale homes fell to $86 per square foot last month.That's down nearly 35 percent from last year.The median home price for new and existing homes is now $150,000, a 40 percent drop from last year.
Previous Stories:
- March 10, 2009: Vegas Home Prices Halved In Under 3 Years
- March 3, 2009: Foreclosure Aid Company Claims Bankruptcy
- February 26, 2009: Home Values, Sales Start Creeping Up
- February 19, 2009: Sun: Home Sales Drop In January
- February 10, 2009: RJ: Housing Market Relapses In January
- January 28, 2009: Foreclosed Homes Bring Dangers To Neighbors
- January 21, 2009: RJ: Housing Future Still Negative
- January 12, 2009: State Tops List Of 'Worst Housing Markets'
- January 8, 2009: GLVAR Reports Increase In Home Sales
Copyright 2009 by KVVU.com. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
