Based on the real estate consultants, American West put on a good show and got very positive reviews. They also brought in many realtors, who are well known in the in the industry. Agents are worn-out of the short sales and foreclosures, and the present new-home alternative is definitely a very good sign for the market.
Home buyers are just observing the market until it bottoms out, and based on the results, they are nearing the bottom a of now. Hopefully, it would be the start of the healing process of the real estate market. According to real estate experts, they are watchfully hopeful about the coming recovery of the real estate market. It is already revealing signs of improvement. The total number of homes listed in the Multiple Listing Service is said to be about half the total it from last year, so the inventory is going down, which is a positive sign for the real estate market.
It is good to see that the market is going back up, but is it from new home owners or just people with money buying up a bunch of houses?
I do real estate sales here in the Antelope Valley, California. My wife and I are considering the move to Las Vegas. She would be in a good position to find work out there, but I am still pretty concerned about the housing market in Vegas. I seen how low some of the house prices are and it is very tempting.
I hope the market picks up for you. Maybe I’ll see you in Vegas.
Short sales represent an opportunity for homeowners to avoid the devastating consequences of foreclosure.