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Investing in Single-Family Homes in Henderson/Las Vegas
By Stephen Roberts | August 5, 2009
There have been a large number of investors attempting to cash-in on the downed housing market in the past few months, especially on single-family homes. Single-family homes have become the most popular form of investing among today’s investors, some buying to hold onto and some buying to rent out.
Much of the 35% spike in sales in the month of June is attributed to these investors. Many believe that real estate is always a great investment and nobody can deny the opportunity that the market is presenting itself for investors at this time. Many say there has not been such a great opportunity to invest in real estate since the Great Depression back in the 1930’s.
Between the first six months of 2008 and the first six months of 2009 the median price of single-family homes has fallen an astounding 34%, making this a great time to invest. There is always a great market for investors when homes can be bought for cheaper prices than builders can construct them.
Many California residents are looking toward the Las Vegas and Henderson area to do their investing. Since home prices have fallen so low there may not be a better time than now to invest in a single-family home.
For all your real estate needs contact Steve Roberts at 702-739-4392.
Topics: Henderson Nevada Homes, Investment, Las Vegas Nevada Real Estate, Southern Nevada Monthly Economic Update, Summerlin Nevada Real Estate | No Comments »