If you're looking for a Henderson Nevada bank owned home, you'll likely break down your search by areas of town. The GLVAR MLS system divides Henderson into six areas numbered 601 to 606. The table below shows that although area 606 has the lowest percentage of REO listings, it has the greatest REO activity.
Henderson Nevada REO Activity by MLS Area, 06-21-09
| MLS Area |
Total Listings |
REO Listings |
% REO |
Total Escrows |
REO Escrows |
% REO |
| Single Family |
|
|
|
|
|
|
| 601 |
101 |
16 |
15.8% |
101 |
43 |
42.6% |
| 602 |
233 |
45 |
19.3% |
255 |
86 |
33.7% |
| 603 |
147 |
26 |
17.7% |
130 |
50 |
38.5% |
| 604 |
125 |
27 |
21.6% |
115 |
46 |
40.0% |
| 605 |
194 |
43 |
22.2% |
238 |
88 |
37.0% |
| 606 |
747 |
68 |
9.1% |
622 |
157 |
25.2% |
| Condo / Townhouse |
|
|
|
|
|
|
| 601 |
48 |
16 |
33.3% |
45 |
26 |
57.8% |
| 602 |
67 |
14 |
20.9% |
84 |
45 |
53.6% |
| 603 |
127 |
42 |
33.1% |
61 |
39 |
63.9% |
| 604 |
10 |
5 |
50.0% |
12 |
8 |
66.7% |
| 605 |
45 |
11 |
24.4% |
53 |
26 |
49.1% |
| 606 |
71 |
11 |
15.5% |
89 |
33 |
37.1% |
| |
|
|
|
|
|
|
Investors and first-time homebuyers are attracted by very low list prices, but that also creates intense competition. Several neighborhoods have bank owned homes priced at pre-2000 levels. If you're looking at Henderson REOs, be prepared to write offers on multiple properties and/or above list price.
If you'd like more info about Henderson bank owned homes or the Henderson real estate market, just give me a call at (702) 339-9700 or email me at JohnNovak@kw.com. I'm ready to go to work for you.
;)
;)
This is great stuff, John. Sit down and detail all this for my MLS so I don't have to.
No?
Well, okay then, I'll just have to do it myself.