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Renee Burrows' Blog

By Renee Burrows | Broker in Las Vegas, NV

Las Vegas NV Area Concession Stand

Las Vegas Real Estate

Here is what buyers received in seller paid concessions on February 2013 Las Vegas Area (Henderson - N Las Vegas - Las Vegas) Closes:

  • Less than $500: 87% ($500 only buys you a home warranty or (no and) an appraisal)
  • Between $501-4000: 8%
  • Over $4001: 5%

This pretty much means that sellers aren't giving up much of anything since Las Vegas is a Seller's Market and in dire need of sellable inventory! Inventory levels are rising just slightly and we are seeing some movement/improvement in this sector which is good news, especially for buyers who want/need closing costs!

Last Month's Concession Stand

Most Current Concession Stand

What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?

General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?) It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley. They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.

View More FAQ About My Las Vegas Area Real Estate Market Reports.

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copyright 2006-2013 Renee Burrows, REALTOR®, Savvy Home Realty Solutions  702-966-2494

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Comments

By Sharon Paxson,  Wed May 29 2013, 08:29
We still see buyers asking for concessions, but the sellers hold firm in most cases.

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