Summerlin seeing some INCREASES in Sales price. Also, the days a rental listing is on the market has declined substantially. Here is my analysis:
March 2011. There has been enough negative written in the press regarding the housing market. How about the other side? Homes are more affordable than ever for first-time buyers.
My client Kevin is a front desk clerk at a strip hotel. He came to me with his girlfriend Christina to purchase a home in the low $100’s. We found them a great bank-owned home in beautiful condition and in a neighborhood they wanted to live in. We put the offer in and a few days later we were in escrow. Kevin is paying less on his mortgage then he was paying rent previously. And the most exciting news; After putting the home in escrow, Kevin put an engagement ring on Christina. The two are planning to get married soon.Congratulations guys!