Washoe County resales skyrocketed in June breaking the 800 unit mark for the first time. June’s 819 recorded resales was a 26% increase over May’s 648 resales. No doubt the First-time Homebuyers Tax Credit was a major driver behind this increase.
New home sales June saw an even greater increase. June’s 94 new home sales was a 68% increase over May’s new home sales.
Re-fis continue to slide; falling another 8% in June.
Click on the chart below to see June’s numbers.
Thank you to our friends at Ticor Title for providing this data.