Las Vegas Market at #4 on CASH OFFERS

Dated: November 9 2021

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Among those metros with a population greater than 1 million, those with the greatest annual increases in share of cash sales from Q3 2020 to Q3 2021 include:

  • Atlanta-Sandy Springs-Roswell, GA (increased from 23% of cash sales in Q3 2020 to 69% in Q3 2021)
  • Detroit-Warren-Dearborn, MI (from 29.1% to 56.2%)
  • Tucson, AZ (from 24.6% to 48.3%)
  • Las Vegas-Henderson-Paradise, NV (from 25.1% to 44.9%)
  • Phoenix-Mesa-Scottsdale, AZ (from 22% to 43.1%)
  • Columbus, OH (from 21.1% to 38.5%)
  • St. Louis, MO-IL (from 20.9% to 36.2%)
  • Sacramento–Roseville–Arden-Arcade, CA (from 16.7% to 28.9%)
  • San Francisco-Oakland-Hayward, CA (from 13.6% to 23.9%)
  • VA-NC (from 11.8% to 21.5%).

The most recent home sales analysis, conducted by ATTOM, also noted nationwide, all-cash purchases reached the highest level since Q1 2015, accounting for 34% of all single-family house and condo sales in Q3 2021. The Q3 2021 number was up from 33.2% in Q2 2021 and from 21.4% in Q3 2020.

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Kenneth Manesse

Helping you experience something new in Las Vegas that's guaranteed. Real Estate with less stress!....

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