las vegas foreclosures: Las Vegas NV Area October 2009 REO Inventory Update: Still Very Little Inventory - 11/18/09 04:58 PM
Las Vegas Area REO Inventory has risen since last report (+99 units), Under Contracts have fallen (-589) units Closing data is UNCHANGED. Low interest rates have spurred a flurry of buyer interest & activity this December and it continues.
REO sales accounted for 66% of all Las Vegas Area Valley resale closings in October 2009. REO listings account for only … (13 comments)
|
las vegas foreclosures: Oh No! Not Another "Tax Credit Has Been Extended and Expanded" (for Las Vegas Real Estate) Blog Post!!! - 11/17/09 09:34 PM
I made over 200 comments on blog posts this past weekend and there sure are a lot of these posts out here! I am shouting it from the rooftops - NOT TO WAIT THIS TIME. With the expiration of the last one looming to be in contract on Nov 1 and … (14 comments)
|
las vegas foreclosures: Economic Conditions for the Las Vegas Valley October 2009 - 11/06/09 08:17 AM
Economic Conditions for the Las Vegas Valley September 2009
Housing Conditions:
Foreclosure/Short Sale Listings (10/15/2009): Total Listings 10371; Short Sales: 4591, 44% of all listings; Bank Owned Listings: 2144, 21% of all listings. Short sale and REO listings consume 65% of total listings
New Home Sales (September 2009, units sold): 422 Year … (10 comments)
|
las vegas foreclosures: BREAKING NEWS- Tax Credit Will Be Renewed - 10/28/09 05:53 PM
For my buyers held up in short sales, there's hope. Cross your fingers that it passes!
Via Fred Glick (U S Spaces, Inc & U S Loans Mortgage LLC):
Harry Reid's office just confirmed these details:1) Sen Isakson, Dodd, Lieberman have agreed, and Senate Finance [Baucus and tax staff] have agreed to … (0 comments)
|
las vegas foreclosures: Mountain's Edge September 2009 Real Estate Resale Market Report (Homes For Sale/Pending/Sold) - 10/28/09 07:33 AM
Mountain's Edge September 2009 Real Estate Resale Market Report:
Listings (10/15/2009): 159
Under Contract (10/15/2009): 357
Sold September 2009: 84
Month's Inventory: 1.8
Since Last Month: Listings are DOWN -17, Pendings are DOWN -2, Sales are UP +21
Last Month's Mountain's Edge Real Estate Market Report
Mountain's Edge is a newer community so many of … (3 comments)
|
las vegas foreclosures: Las Vegas NV Area September 2009 Home Sales and Listings by Type - 10/25/09 08:08 PM
Las Vegas Area October 15, 2009 Active Listings by Type
REO: 2144 (21%)
Short Sale: 4591 (44%)
All Other: 3636 (35%)
September 2009 Sales by Type:
REO: 2869 (69%)
Short Sale: 592 (14%)
Other: 707 (17%)
This is just a guide for consumers to see what types of properties are closing vs … (2 comments)
|
las vegas foreclosures: Attention Las Vegas Area REIT and Bulk Owners: Las Vegas Needs Some *SELLABLE* Inventory! - 10/20/09 08:18 PM
If you are an REIT (Real Estate Investment Trust) or bought bulk real estate owned properties and you find they are underperforming in the stagnating rental market, this is a must read!
As you can see a large percentage of Las Vegas listings are short sales:
Short Sales Take … (0 comments)
|
las vegas foreclosures: Las Vegas NV Area September 2009 REO Inventory Update: Still Slim Pickins! - 10/15/09 04:39 PM
Inventory has fallen since last report (-235 units), Under Contracts have fallen (-202) units Closing data is DOWN at -5 units. Low interest rates have spurred a flurry of buyer interest & activity this December and it continues.
REO sales accounted for 69% of all Las Vegas Area Valley resale closings in September 2009. REO listings account for only 21% of … (5 comments)
|
las vegas foreclosures: Did Las Vegas Area First Time Home Buyers Miss Out on the Tax Credit? - 10/07/09 05:49 PM
Probably is a nice & safe answer.
It IS possible but not highly probable. We live in a sity of gambling, risks and bets
Right now it is taking a good 45-60 days to close on a financed home in the Las Vegas Area. The guidelines for first time buyers that are eligible … (46 comments)
|
las vegas foreclosures: Short Sales and Foreclosures in Orange County, CA - 10/07/09 02:50 PM
Very pertinent info for our market!
Via Christine Donovan Costa Mesa Real Estate Broker/Attorney 800-610-7253 DRE01267479 (Donovan Blatt Team - Donovan Group Realty):
Short Sales and Foreclosures in Orange County, CA
Perhaps you've heard the latest buzz words: "loan modification," "short sale," "Obama's plan," and you want to know … (0 comments)
|
las vegas foreclosures: Economic Conditions for the Las Vegas Valley September 2009 - 10/04/09 01:27 PM
Economic Conditions for the Las Vegas Valley August 2009
Housing Conditions:
Foreclosure/Short Sale Listings (9/15/2009): Total Listings 11018; Short Sales: 4718, 43% of all listings; Bank Owned Listings: 2379, 22% of all listings. Short sale and REO listings consume 65% of total listings
New Home Sales (August 2009, units sold): 396 Year … (3 comments)
|
las vegas foreclosures: Las Vegas NV Area August 2009 REO Inventory Update: Not Much Out There (less than one month inventory!) - 10/04/09 01:12 PM
Inventory has fallen since last report (-270 units), Pendings have risen (+9) units Closing data is DOWN at -541 units. Low interest rates have spurred a flurry of buyer interest & activity this December and it continues.
REO sales accounted for 72% of all Las Vegas Area Valley resale closings in August 2009. REO listings account for only 22% of … (0 comments)
|
las vegas foreclosures: Why Las Vegas Homeowners Should Care About Things That Go "Bump in the Night"? - 09/27/09 02:07 PM
To prevent loss of value on their OWN home.
And why should renters care? Maybe if they are buying or considering buying a home across town or in their own area, they should care if they are going to use financing to purchase their home.
Here is what is going on: … (11 comments)
|
las vegas foreclosures: WHY Las Vegas Pendings Aren't Closing - 09/25/09 04:54 PM
I have had a good number of astute real estate professionals recently ask me "why aren't your pendings closing?" on my market reports!
Here is just a peek at some market reports for one specific area (June, July and August Respectively):
What you are seeing here is that the Pendings … (56 comments)
|
las vegas foreclosures: Las Vegas, NV Area August 2009 Pendings Report: Inventory Still Going Down, Pendings Still Going UP! - 09/17/09 05:31 PM
The Las Vegas Valley (includes Henderson & North Las Vegas) has seen some major market stabilization in the last year! Absorption for August 2009 is a seller's market @ 2.8 months of inventory (slight rise from last month, seeing some micros inch up with inventory!) Some micro-markets (ie,Foreclosures Bank Owned, REO) are extreme seller's markets … (7 comments)
|
las vegas foreclosures: Economic Conditions for the Las Vegas Valley August 2009 - 09/11/09 09:51 AM
Economic Conditions for the Las Vegas Valley August 2009
Housing Conditions:
Foreclosure/Short Sale Listings (8/15/2009): Total Listings 11568; Short Sales: 4802, 41.5% of all listings; Bank Owned Listings: 2649, 22.9% of all listings. Short sale and REO listings consume 64.4% of total listings
New Home Sales (July 2009, units sold): 378 Year … (1 comments)
|
las vegas foreclosures: Las Vegas Area First Time Home Buyers: How Far Will You Go For $8000? - 09/09/09 08:21 PM
Two of my favorite mortgage bloggers wrote some great articles that I want First Time Buyers in our area to check out and weigh their options:
Outsmart the Crowd: Skip the $8000 Tax Credit and Wait to Buy by Janet Guilbault
And the rebuttal:
So you think you outsmarted the crowd because you … (12 comments)
|
las vegas foreclosures: Las Vegas NV Area July 2009 REO Inventory Update: Not Much Out There (less than one month inventory!) - 09/01/09 07:09 AM
Inventory has fallen since last report (-109 units), Pendings have dropped -239 units Closing data is DOWN at -115 units. Low interest rates have spurred a flurry of buyer interest & activity this December and it continues.
REO sales accounted for 75.1% of all Las Vegas Area Valley resale closings in June 2009. REO listings account for only 22.9% … (4 comments)
|
las vegas foreclosures: Hello, I am a Representative For an Investment Group and We Are Interviewing Realtors Because We Want to Buy 100 Homes For Our Portfolio! - 08/27/09 08:54 PM
...........And they all need to be under $50K.
...........With VERY Little Rehab
First of all, there is ONLY something like 100 NON short sale SFRs that are active.
Second, I get these calls all the time. Late Winter/Early Spring is when they Sprung.
Third, I got three in the last 24 hours.
… (17 comments)
|
las vegas foreclosures: Las Vegas Area Sellers and Sales (Transaction) Categories: Auctions (#7 in a series) - 08/26/09 04:04 PM
Las Vegas Area Seller or Transaction Category (#7 in a series): The Auction
Auction is a type of transaction or sale
Every real estate auction is different. To auction a property, generally means that there is a date set for bidding on the price of a property. Each Auction House has … (2 comments)
|
;)
;)
