As I watched FOX NEWS today, the  real estate news was that the housing market seems to be turning around and prices seem to be stabilizing,  EXCEPT in Las Vegas and Tampa, where we might still see double digit price declines.  Then, another article just came out in the Wall Street Journal, that talks about Las Vegas foreclosure bidding wars, thin inventory levels, and multiple offer situations on well priced bank owned foreclosure listings. Welcome to Our World!!

Cash Buyers are plentiful and those needing loans are at an extreme disadvantage when bidding for a Las Vegas foreclosure. Desirable properties are receiving 20 + offers the first week they are listed. Buyers are required to purchase "AS IS".  Sometimes, new homes and condos in buildings that are owned by the lender in the entirety, make for a better deal when aggressively negotiated by a savvy agent. NYSE new home builders such as DR Horton and Pulte have fabulous alternatives in beautiful brand new homes at pricing similar to the myriad of Las Vegas foreclosures. All this - with a 10 year builder warrantee!

Contact THE STARK TEAM to help you sift through the many Las Vegas and Henderson NV foreclosure Listings and new home communities.  Do you research on line with the click of your mouse at www.Las-Vegas-Foreclosures.info

CLICK TO READ - LAS VEGAS FORECLOSURE BARGAINS MORE DIFFICULT TO BUY

View of CityCenter from Panorama Towers

TAKE THE TOUR of PANORAMA TOWERS III - Owned by the Construction Lender

Trump Tower Las Vegas - Prices Slashed 50%

Take the Tour of a TRUMP TOWER STUDIO - Priced at $150k

Take the Tour of a TRUMP TOWER 1 BR priced at $ 329k - Original Cost was $850k

Visit: www.lasvegascondobargains.com