Las Vegas September home sales buoyed by move-up buyers

Las Vegas-area home sales fell compared with a year earlier for the fourth consecutive month in September amid an ongoing decline in low-end activity and a five-year low for foreclosure resales. price measures pointed higher again as housing demand remained strong and a greater share of all sales occurred in mid- to high-cost move-up markets, a.

Las Vegas September home sales buoyed by move-up buyers By Edmund In Mortgage Brokers Contents Bought previously occupied homes fell Negative equity fell Buyer credit drives Home values. statewide prices 5%. ~30-90 sec Stern launches legal battle WASHINGTON -.

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Data for May was revised up to show construction outlays falling 0.5% instead of decreasing 0.8%. U.S. existing home sales drop more than expected in June.

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Las Vegas-area home sales fell in October as sub-$200,000 transactions continued to decline and the share of homes sold to absentee and cash buyers dropped to the lowest level in more than three years. The median sale price rose to $180,000 – the highest in nearly five years, according to San Diego-based DataQuick.

Other markets in the top 10 for highest pre-mover index in the third quarter were Reno, Nevada (189); Tampa-St. Petersburg, Florida (188); Las Vegas. (52). “Home buyers are most likely to move -.

Trump: Many geniuses are working to end government control of Fannie and Freddie U.S. President-elect Trump’s nominee for Treasury Secretary, Steven Mnuchin, on Wednesday waded into the long-running battle over the future control of Fannie Mae and Freddie Mac, the largest.

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Obama scorecard shows home equity highest since 3Q 2008 Obama scorecard shows home equity highest since 3Q 2008 Report: FHA should lower loan limits by the lower loan amounts. In sum, the effect of the return to the HERA loan limits will have a small effect on FHA volume or market share.

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Las Vegas home sales, prices slide in October.. for first-time homebuyers and move-up buyers.. a 0.7 percent decline from September, but there were 12,379 homes without offers. That’s an.

 · Pending Home Sales Pending home sales data for June will be released on Monday. The limited number of homes for sale has continued to plague the market, frustrating buyers and holding back home sales.