Good news for buyers

New home sales are up 11% nationally compared to last month sales. This hasn’t been seen in 9 years and is also the 3rd consecutive month of growth. What does this mean for Las Vegas home buyers considering purchasing a short sale in Las Vegas, a foreclosure in Clark County or a new home. Builders are trying [...]

July 27, 2009 0

Resale home sales reports for Las Vegas

CNBC reports Las Vegas home sales are on a sugar high. Las Vegas short sales and foreclosures consisted of 80% of  June sales. June 2009 had 4,701 closings according Greater Las Vegas Association of Realtors. This is better than any other month in the last 5 years. A sugar high or no sugar high, this [...]

July 23, 2009 0
July 18 Short Sale Inventory Breakdown

July Short Sale Active Inventory Report

Las Vegas Short Sales. There are currently 5117 short sales in Las Vegas on the market. This includes Condos in Las Vegas, single family homes in Las Vegas and townhomes. Close to 30% of these homes are priced under 100,000. The majority of the homes are priced between 100,000 to 200,000. That makes up nearly [...]

July 18, 2009 0
Las Vegas short sale Calico Ridge

Las Vegas Foreclosures and NOD’s decreased in June

Buyers looking to purchase a home in Las Vegas will be happy to hear we still have foreclosures coming.  Realty Trac reports there were 8,726 notices of default filed in Nevada in June. That is close to a 10% jump between May and June in 2009. In Las Vegas Real Estate, Las Vegas Notice of [...]

July 17, 2009 0
Parties involved in a typical sale of a home.

Looking to purchase a short sale, one word grasshopper, Patience!

What should you know before purchasing a short sale. Wait. Yes if the little rabbit has trouble waiting on chocalate milk, you are going to have to wait longer! There are so many people involved in a short sale transaction compared to a regular sale. Now compare this to a short sale transaction. There are [...]

July 2, 2009 2
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