The Multiple Listing Service shows that the home sold for $370,000 in May of 2011. The seller contributed $11,100 towards the buyers closing costs. The buyer used an FHA type of loan to purchase the home. Just 3 years earlier, in January 2008 the home sold for $600,000. As you can see the price dropped almost 50% as many home's values did. Prices are on the rise now, interest rates are still low, so it's a great time to buy a home!
Neal and Norma Cook
Luxury Homes of Las Vegas