« Quick Tips for First-Time Home Buyers | Home | Nevada Leads Nation’s Foreclosures »
Real Estate for Military
By Stephen Roberts | August 21, 2009
Many military personnel are purchasing homes here in the Las Vegas and Henderson area using Veterans Affairs loans. The number of houses bought using these loans has jumped an astounding 360 percent this year and refinancings are up near 250 percent. Across the country home purchases by VA has increased by more than 100 percent.
It is clear that there has never been a better time to buy for military personnel. Interest rates are historically low, home prices have dropped dramatically, and being backed by VA, there is no better time.
Many first time home buyers are using their VA bonuses as well as the first-time homebuyer credit of $8,000 that the government has made available until December 1.
So if you are military personnel in the Henderson or Las Vegas area there may never be a better time than now to take advantage of your VA loan.
For all your real estate needs contact Steve Roberts at 702-739-4392.
Topics: Henderson Nevada Homes, Homebuyer tax credit, Investment, Las Vegas Nevada Real Estate, Mortgage Rates, Southern Nevada Monthly Economic Update, Summerlin Nevada Real Estate | No Comments »