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Savvy Home Realty Solutions Reports Very Few Las Vegas Home Buyers Are Receiving Closing Cost Assistance From Sellers.

Las Vegas, NV, July 06, 2014 --( Renee Burrows, Broker & Owner of Savvy Home Realty Solutions is reporting that sellers are giving closing cost assistance to approximately only 18% of Las Vegas area home buyers.

Although the number is low, it has risen about 50% since January 2014.

Here is what buyers received in seller paid closing cost concessions on May 2014 Las Vegas Area (Henderson - N Las Vegas - Las Vegas) resale home closes:

Less than $500: 82% ($500 only buys you a home warranty or (no and) an appraisal)

Between $501-4000: 9%

Over $4001: 9%

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 they are seeing some movement/improvement in this sector which is good news, especially for buyers who want/need closing costs.

Contact Information:

Savvy Home Realty Solutions

Renee Burrows


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Geographic Code:1U8NV
Date:Jul 6, 2014
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