Movoto Offers Nevada Home Listings

Movoto.com, a free online resource to help individuals and families who are looking to purchase a home, now has listings available for Las Vegas and Reno, Nev.

The website provides prospective homeowners with everything they need to consider in their house hunting search including complete multiple listing service homes for sale listings, state test scores for schools, crime statistics, and local market trends such as foreclosure rates.

At the end of December 2010, more than 20% of homes in Nevada were in foreclosure or behind in their mortgage payments. This is the second highest percentage of any state.

The San Mateo, Calif. based company said consumers are in a great position to purchase a home now that could have substantial long-term payoffs in the future.

“Buyers considering purchasing a home in Nevada need to do extra research before making a decision today,” said Henry Shao, CEO of Movoto.com. “With so many foreclosed properties available in the market there are many great deals out there, but at the same time a buyer doesn’t want to jump and purchase a home just because of the low price. By researching the home’s past value, local school data, crime statistics, etc. on Movoto, buyers can get a better idea of what the future value of the home could return in five, ten, fifteen years and know they are making a good investment.”