Las Vegas Home Purchase Break Even Falling

Dated: 02/12/2016

Views: 300

Most people purchase homes because they want to build a nest, put down roots and practically speaking have a roof over their heads.

But homes are also a major investment. Looked at that way, how long does it take to get your money back?

Zillow just answered that question for Las Vegas homeowners. For the fourth quarter of 2015, Las Vegas homeowners would have to stay in their homes 1.7 years after they purchased it to break even.  Up until then, it's cheaper to rent than own.

At 1.7 years, Las Vegas ranked 25th out of the 35 cities Zillow tracked for its Breakeven  Index.

How did the best? Dallas and Indianapolis tied at just 1.3 years. Washington, DC brought up the rear at 4.5 years. The national breakeven was 1.9 years.

A <a href='https://nv.exprealty.com/index.php?types[]=1&types[]=2&areas[]=city:Henderson&beds=0&baths=0&min=0&max=100000000&map=0&quick=1&submit=Search' title='Search Properties in Henderson'>Henderson</a> home

Hey, it will take you more than two years to discover all the fun things to do as a local in Las Vegas

((hugs)) BETH Ellyn

The Las Vegas Real Estate Concierge

 Managing State Broker, Nevada

702.492.0531  Office

702.758.4318  Talk. Text. SMS. Video chat

[email protected]

BETH Ellyn herself

BA: Yale

MS: Columbia

MBA: L'ecole du Hard Knocks

Licensed in Nevada since 1996: I have previous


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Beth Ellyn Rosenthal

I like to be a pioneer.I I am the founding state broker for Nevada for eXp. I am agent 61 out of over 15,000 now. I was in the first class of women to graduate from Yale. I've had my real estate licen....

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