homes: WOW, it's been almost a year...
- 01/26/09 08:54 PM
I can't believe that it's been almost a year since I posted my last blog. I kinda breezed through my old posts and it's really interesting to see things from a different perspective. Looking back and comparing my '07 posts versus my early '08 posts, I can see my view of the market sharpened considerably. My February '08 posts are very closely inline with the comments Richard Lee made on the news a few day ago. He basically said we are going to trudge along the "bottom of the market" for a few years. The number of NODs and NOSs are so high that … (0 comments)
homes: Somebody keep me straight!
- 11/29/07 03:36 PM
This is 2 weeks in a row that I've slacked off and didn't give you all your Las Vegas stats. I have to apologize, but this week has been extremely busy for me, which is a good thing! Anyway, this is going to work out. We'll get to see the stats just before the end of the month and I'll run the numbers again on about Tuesday to see how much things change. The REOs are still pulling strong numbers over 17% of the sales over the last 30 days have been REO according to the MLS. But...I think that number is much higher, The … (1 comments)
homes: Las Vegas Housing Market Update
- 10/27/07 10:23 AM
Well, here are your Las Vegas Market numbers for today, as of October 27, 2007 @ 2:30 pm... SFR, condos and townhomes on the market - 28,169 Number vacant - 13,445 Number pending or contingent - 2225 Number sold in last 30 days - 1152 Number marked as short sales - 3852 Number marked as REO - 1872 Total number of properties marked as distressed - 5724 This means there is currently a 47.7% vacancy rate. Here's something that's interesting, 72% of resales under contract right now were vacant when they went into contract. The number of resales that have closed in the past 30 days … (4 comments)
I can't believe that it's been almost a year since I posted my last blog. I kinda breezed through my old posts and it's really interesting to see things from a different perspective. Looking back and comparing my '07 posts versus my early '08 posts, I can see my view of the market sharpened considerably. My February '08 posts are very closely inline with the comments Richard Lee made on the news a few day ago. He basically said we are going to trudge along the "bottom of the market" for a few years. ;)
;)
