Las Vegas September home sales buoyed by move-up buyers

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 · Las Vegas: In September, a popular form of financing used by first-time home buyers – government-insured FHA loans – accounted for 53.8 percent of all home purchases, up from 52 percent in.

Las Vegas homebuilders are fetching record prices, with buyers writing checks not seen since the bubble years. But sales totals still are nowhere near their peaks – and it seems no one expects.

The supply of homes on the market is finally rising, after falling to record lows. But a growing share of those homes are still out of reach to most buyers.. most blame those for their focus on move-up, rather than starter homes.. Las Vegas and Portland, Oregon, the number of homes for sale rose last year.

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