Elaine and James Hansen

Elaine and James Hansen
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Tuesday, June 24, 2014

Home Values Compared to One Year Ago...

This is always fun to look at.
But please take these numbers with a grain of salt...
For Example... 89134 and 89144 are both in the heart of Summerlin,
And both are excellent neighborhoods. But you can see a 13% difference in change.
89074 and 89014 are both Green Valley and have a 27% difference.
It only takes a couple of Million dollar homes to skew these numbers.
But you can definitely see a lot of positive growth throughout the town.

 

These next two images show a transition in the market 
from Cash Buyers buying Foreclosures and Short Sales,
to a more Traditional Market with far less Cash Investors.

Why the change?
The Local Economy has got better.
Property Values have gone up.
Most of the people who are going to lose their home, have.
Investors are not getting the rate of return they were last year.






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