Wednesday, May 10, 2006

Incentives Help To Calm The Las Vegas Real Estate Market

Things are starting to settle down it seems in the Las Vegas real estate market. The national market is leveling out and prices are starting to become more realistic for real estate. Prices are also starting to be more realistic for new construction homes and it seems even more so for new condos.

The buzz now is that new home builders are offering incentives packages for buyers who are standing on inventory and on most new construction homes that are scheduled for completion in the near future.

New incentives packages for real estate come in all shapes and sizes. Some deals are starting at $1,000 toward closing costs and are soaring to $75,000 off of the sales price. Talk about incentives.

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