4055 closings in the immediate Las Vegas real estate market in December 2009. These do not include mobile homes or land. Here is the breakdown by means for acquisition:
Cash 40.5%, FHA loan 29.8%, Conventional loan 23.4%, VA loan 4.8%, Other 1.5%
Figures may add up to more than 100% due to rounding.
[...] in the same bargain properties, but must use conventional or even FHA financing. Here in Las Vegas, cash transactions accounted for roughly 40% of December closings! Cash offers are very attractive, particularly to banks trying to unload foreclosed properties, [...]
[...] in the same bargain properties, but must use conventional or even FHA financing. Here in Las Vegas, cash transactions accounted for roughly 40% of December closings! Cash offers are very attractive, particularly to banks trying to unload foreclosed properties, [...]