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Las Vegas Short Sales Report one year later
The Las Vegas Real Estate short sale market or The Las Vegas Short Sale Real Estate market.. not sure which one sounds better a little over one year later. Well... here we are a little over one year later after a report I did about the reality of Las Vegas short sales. Plenty of PR programs from the big loan servicers of how they are helping Joe and Jane Mainstreet move forward in life... No shortage of promises. But the true TEST is year over year performance so let's see where we are one year from my last report right here on good ole AR.
From the Las Vegas Short Sales Report posted on 02/27/2010:  
The numbers below reflect AREAS 101 through 606 on the Las Vegas MLS which includes Las Vegas, North Las Vegas and Henderson, NV Real Estate. (And yes... this includes Summerlin Real Estate.)
Currently Available for Sale:
4,852 Short Sales (02/27/2010) Currently In Escrow - Contingent / Pending
9,826 Short Sales in escrow! (02/27/2010) January Closings
To show how many lenders are bogging down Las Vegas Short sales for the Las Vegas real estate correction... let's take a look at how many of all those short ... more

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