las vegas reo: Las Vegas NV Area REO Real Estate Market Report & Homes for Sale March 2013 (includes Henderson & North Las Vegas) - 05/07/13 02:24 AM




Las Vegas Area REO Inventory has FALLEN since last report (-43 units), Under Contracts have FALLEN by (-24) units Closing data has RISEN by (+89) units. Low interest rates have spurred a flurry of buyer interest & activity and it continues.  AB 284 IS PREVENTING NORMAL AMOUNTS OF NEW LISTINGS FROM COMING ON THE MARKET CURRENTLY until further notice!
REO sales accounted for 11% of all Las Vegas Area Valley resale closings in February 2013. REO listings account for only 12% of total resale listings.
Current Listed Bank Owned Statistics:
Listings (4/15/2012): 444 Under Contract (4/15/2012): 694 … (0 comments)

las vegas reo: Las Vegas NV Area REO Real Estate Market Report & Homes for Sale November 2012 (includes Henderson & North Las Vegas) - 01/05/13 11:55 PM




Las Vegas Area REO Inventory has RISEN since last report (+22 units), Under Contracts have FALLEN by (-13) units Closing data has FALLEN by (-77) units. Low interest rates have spurred a flurry of buyer interest & activity and it continues.  AB 284 IS PREVENTING NORMAL AMOUNTS OF NEW LISTINGS FROM COMING ON THE MARKET CURRENTLY until further notice!
REO sales accounted for 11% of all Las Vegas Area Valley resale closings in October 2012. REO listings account for only 11% of total resale listings.
Current Listed Bank Owned Statistics:
Listings (12/15/2012): 504 Under Contract (12/15/2012): 691 … (6 comments)

las vegas reo: POOF! THEY ARE ALMOST GONE!! Las Vegas NV Area REO Real Estate Market Report & Homes for Sale Sept 2012 (includes Henderson & North Las Vegas) - 11/04/12 07:03 AM




Las Vegas Area REO Inventory has RISEN since last report (+41 units), Under Contracts have FALLEN by (-113) units Closing data has FALLEN by (-203) units. Low interest rates have spurred a flurry of buyer interest & activity and it continues.  AB 284 IS PREVENTING NORMAL AMOUNTS OF NEW LISTINGS FROM COMING ON THE MARKET CURRENTLY until further notice!
REO sales accounted for 14% of all Las Vegas Area Valley resale closings in August 2012. REO listings account for only 9% of total resale listings.
Current Listed Bank Owned Statistics:
Listings (10/15/2012): 454 Under Contract (10/15/2012): 762 … (7 comments)

las vegas reo: Las Vegas NV Area REO Real Estate Market Report & Homes for Sale July 2012 (includes Henderson & North Las Vegas) - 09/03/12 10:38 PM




Las Vegas Area REO Inventory has FALLEN since last report (-120 units), Under Contracts have FALLEN by (-725) units Closing data has FALLEN by (-589) units. Low interest rates have spurred a flurry of buyer interest & activity and it continues.  AB 284 IS PREVENTING NORMAL AMOUNTS OF NEW LISTINGS FROM COMING ON THE MARKET CURRENTLY until further notice!
REO sales accounted for 22% of all Las Vegas Area Valley resale closings in July 2012. REO listings account for only 10% of total resale listings.
Current Listed Bank Owned Statistics:
Listings (8/15/2012): 474 Under Contract (8/15/2012): 977 … (6 comments)

las vegas reo: Las Vegas NV Area REO Real Estate Market Report & Homes for Sale June 2012 (includes Henderson & North Las Vegas) - 07/15/12 05:03 AM




Las Vegas Area REO Inventory has FALLEN since last report (-78 units), Under Contracts have FALLEN by (-394) units Closing data has FALLEN by (-235) units. Low interest rates have spurred a flurry of buyer interest & activity and it continues.  AB 284 IS PREVENTING NORMAL AMOUNTS OF NEW LISTINGS FROM COMING ON THE MARKET CURRENTLY until further notice!
REO sales accounted for 29% of all Las Vegas Area Valley resale closings in June 2012. REO listings account for only 11% of total resale listings.
Current Listed Bank Owned Statistics:
Listings (7/15/2012): 516 Under Contract (7/15/2012): 1308 … (5 comments)

las vegas reo: Ca$h or Credit: Las Vegas NV Area REO Financing Profiles for May 2012 (includes Henderson & North Las Vegas) - 07/13/12 08:28 AM


Cash is the obvious dominator with overall Las Vegas Area REO Purchases. Cash not only dominates but CRUSHES financed purchases under $75000. The primary reason is the stuff priced under $75000 is unhabitable and ineligible for financing or is condo ineligible for financing.
Asset managers for REO also may choose cash offers that may be lower than financed simply because financed offers have exceeded their appraised price on the property or because there are less contingencies and they can close quicker (which takes the asset - or liability - off of their books quicker.)
Condo financing is currently a … (4 comments)

las vegas reo: Las Vegas NV Area REO Real Estate Market Report & Homes for Sale May 2012 (includes Henderson & North Las Vegas) - 06/26/12 03:15 AM




Las Vegas Area REO Inventory has FALLEN since last report (-120 units), Under Contracts have FALLEN by (-489) units Closing data has FALLEN by (-123) units. Low interest rates have spurred a flurry of buyer interest & activity and it continues.  AB 284 IS PREVENTING NORMAL AMOUNTS OF NEW LISTINGS FROM COMING ON THE MARKET CURRENTLY until further notice!
REO sales accounted for 34% of all Las Vegas Area Valley resale closings in May 2012. REO listings account for only 13% of total resale listings.
Current Listed Bank Owned Statistics:
Listings (6/15/2012): 594 Under Contract (6/15/2012): 1702 … (3 comments)

las vegas reo: Las Vegas Short Sale Home Closings Are Outpacing Bank Owned Home Closings June 2012 - 06/17/12 10:20 AM

Las Vegas short sale home closings are outpacing Las Vegas bank owned homeclosings as of today June 17, 2012.  Officially 498 short sale homes have closed between June 1-17, 2012 and 434 bank owned homes have closed during the same time frame.  Traditional home sales (not requiring bank approval) are outpacing each distressed home sale category at 546 units closed during the same period.
In May 2011, REO (bank owned) closings accounted for 46% of all sales and short sale 24%, traditional 30%.  One year later in May 2012, REO closings accounted for only 34% of all sales, short sales 32% and … (8 comments)

las vegas reo: Ca$h or Credit: Las Vegas NV Area REO Financing Profiles for March 2012 (includes Henderson & North Las Vegas) - 06/17/12 05:51 AM


Cash is the obvious dominator with overall Las Vegas Area REO Purchases. Cash not only dominates but CRUSHES financed purchases under $75000. The primary reason is the stuff priced under $75000 is unhabitable and ineligible for financing or is condo ineligible for financing.
Asset managers for REO also may choose cash offers that may be lower than financed simply because financed offers have exceeded their appraised price on the property or because there are less contingencies and they can close quicker (which takes the asset - or liability - off of their books quicker.)
Condo financing is currently a … (2 comments)

las vegas reo: Las Vegas NV Area REO Real Estate Market Report & Homes for Sale April 2012 (includes Henderson & North Las Vegas) - 06/01/12 07:03 AM




Las Vegas Area REO Inventory has FALLEN since last report (-304 units), Under Contracts have FALLEN by (-303) units Closing data has FALLEN by (-332) units. Low interest rates have spurred a flurry of buyer interest & activity and it continues.  AB 284 IS PREVENTING NORMAL AMOUNTS OF NEW LISTINGS FROM COMING ON THE MARKET CURRENTLY until further notice!
REO sales accounted for 39% of all Las Vegas Area Valley resale closings in April 2012. REO listings account for only 15% of total resale listings.
Current Listed Bank Owned Statistics:
Listings (5/15/2012): 714 Under Contract (5/15/2012): 2191 … (6 comments)

las vegas reo: Ca$h or Credit: Las Vegas NV Area REO Financing Profiles for March 2012 (includes Henderson & North Las Vegas) - 05/14/12 10:04 AM


Cash is the obvious dominator with overall Las Vegas Area REO Purchases. Cash not only dominates but CRUSHES financed purchases under $75000. The primary reason is the stuff priced under $75000 is unhabitable and ineligible for financing or is condo ineligible for financing.
Asset managers for REO also may choose cash offers that may be lower than financed simply because financed offers have exceeded their appraised price on the property or because there are less contingencies and they can close quicker (which takes the asset - or liability - off of their books quicker.)
Condo financing is currently a … (5 comments)

las vegas reo: Las Vegas NV Area REO Real Estate Market Report & Homes for Sale March 2012 (includes Henderson & North Las Vegas) - 04/17/12 10:43 PM




Las Vegas Area REO Inventory has FALLEN since last report (-217 units), Under Contracts have FALLEN by (-269) units Closing data has RISEN by (+189) units. Low interest rates have spurred a flurry of buyer interest & activity and it continues.  AB 284 IS PREVENTING NORMAL AMOUNTS OF NEW LISTINGS FROM COMING ON THE MARKET CURRENTLY until further notice!
REO sales accounted for 43% of all Las Vegas Area Valley resale closings in March 2012. REO listings account for only 17% of total resale listings.
Current Listed Bank Owned Statistics:
Listings (4/15/2012): 1018 Under Contract (4/15/2012): 2504 … (4 comments)

las vegas reo: Ca$h or Credit: Las Vegas NV Area REO Financing Profiles for February 2012 (includes Henderson & North Las Vegas) - 04/15/12 04:49 AM


Cash is the obvious dominator with overall Las Vegas Area REO Purchases. Cash not only dominates but CRUSHES financed purchases under $75000. The primary reason is the stuff priced under $75000 is unhabitable and ineligible for financing or is condo ineligible for financing.
Asset managers for REO also may choose cash offers that may be lower than financed simply because financed offers have exceeded their appraised price on the property or because there are less contingencies and they can close quicker (which takes the asset - or liability - off of their books quicker.)
Condo financing is currently a … (0 comments)

las vegas reo: Las Vegas NV Area REO Real Estate Market Report & Homes for Sale February 2012 (includes Henderson & North Las Vegas) - 03/18/12 03:16 AM




Las Vegas Area REO Inventory has FALLEN since last report (-468 units), Under Contracts have FALLEN by (-62) units Closing data has FALLEN by (-33) units. Low interest rates have spurred a flurry of buyer interest & activity and it continues.  AB 284 IS PREVENTING NORMAL AMOUNTS OF NEW LISTINGS FROM COMING ON THE MARKET CURRENTLY until further notice!
REO sales accounted for 44% of all Las Vegas Area Valley resale closings in February 2012. REO listings account for only 17% of total resale listings.
Current Listed Bank Owned Statistics:
Listings (3/15/2012): 1235 Under Contract (3/15/2012): 2773 … (4 comments)

las vegas reo: Ca$h or Credit: Las Vegas NV Area REO Financing Profiles for January 2012 (includes Henderson & North Las Vegas) - 03/17/12 08:50 AM


Cash is the obvious dominator with overall Las Vegas Area REO Purchases. Cash not only dominates but CRUSHES financed purchases under $75000. The primary reason is the stuff priced under $75000 is unhabitable and ineligible for financing or is condo ineligible for financing.
Asset managers for REO also may choose cash offers that may be lower than financed simply because financed offers have exceeded their appraised price on the property or because there are less contingencies and they can close quicker (which takes the asset - or liability - off of their books quicker.)
Condo financing is currently a … (2 comments)

las vegas reo: 2012 Market Trends: Las Vegas Residential REO Inventory - 02/28/12 08:13 AM

Las Vegas 2012 Real Estate Market Trends:  REO/Bank Owned Inventory
Las Vegas real estate in 2012 will no doubt be a wild and wacky and an unpredictable market resulting in broken crystal balls as it has been for the last 5 years.   This I am sure of. My 2012 Las Vegas real estate market trends predictions will depend on several factors:
Steady interest rates Steady underwriting guidelines (LOL!) Current laws Current market conditions Las Vegas REO/Bank Owned Inventory has declined over several years.  I believe much of this has to do with extreme high buyer activity, larger amounts of short sale … (9 comments)

las vegas reo: Las Vegas NV Area REO Real Estate Market Report & Homes for Sale January 2012 (includes Henderson & North Las Vegas) - 02/18/12 08:32 AM



Las Vegas Area REO Inventory has FALLEN since last report (-332 units), Under Contracts have RISEN by (+72) units Closing data has FALLEN by (-318) units. Low interest rates have spurred a flurry of buyer interest & activity and it continues.  AB 284 IS PREVENTING NORMAL AMOUNTS OF NEW LISTINGS FROM COMING ON THE MARKET CURRENTLY until further notice!
REO sales accounted for 48% of all Las Vegas Area Valley resale closings in December 2011. REO listings account for only 20% of total resale listings.
Current Listed Bank Owned Statistics:
Listings (2/15/2012): 1703 Under Contract (2/15/2012): 2835 Sold … (6 comments)

las vegas reo: Ca$h or Credit: Las Vegas NV Area REO Financing Profiles for December 2011 (includes Henderson & North Las Vegas) - 02/12/12 06:33 AM


Cash is the obvious dominator with overall Las Vegas Area REO Purchases. Cash not only dominates but CRUSHES financed purchases under $75000. The primary reason is the stuff priced under $75000 is unhabitable and ineligible for financing or is condo ineligible for financing.
Asset managers for REO also may choose cash offers that may be lower than financed simply because financed offers have exceeded their appraised price on the property or because there are less contingencies and they can close quicker (which takes the asset - or liability - off of their books quicker.)
Condo financing is currently a … (5 comments)

las vegas reo: Las Vegas NV Area REO Real Estate Market Report & Homes for Sale December 2011 (includes Henderson & North Las Vegas) - 01/18/12 01:15 PM



Las Vegas Area REO Inventory has FALLEN since last report (-254 units), Under Contracts have FALLEN by (-311) units Closing data has RISEN by (+169) units. Low interest rates have spurred a flurry of buyer interest & activity and it continues.  AB 284 IS PREVENTING NORMAL AMOUNTS OF NEW LISTINGS FROM COMING ON THE MARKET CURRENTLY until further notice!
REO sales accounted for 48% of all Las Vegas Area Valley resale closings in December 2011. REO listings account for only 20% of total resale listings.
Current Listed Bank Owned Statistics:
Listings (1/15/2012): 2025 Under Contract (1/15/2012): 2763 Sold … (11 comments)

las vegas reo: Ca$h or Credit: Las Vegas NV Area REO Financing Profiles for November 2011 (includes Henderson & North Las Vegas) - 01/13/12 02:20 AM


Cash is the obvious dominator with overall Las Vegas Area REO Purchases. Cash not only dominates but CRUSHES financed purchases under $75000. The primary reason is the stuff priced under $75000 is unhabitable and ineligible for financing or is condo ineligible for financing.
Asset managers for REO also may choose cash offers that may be lower than financed simply because financed offers have exceeded their appraised price on the property or because there are less contingencies and they can close quicker (which takes the asset - or liability - off of their books quicker.)
Condo financing is currently a … (8 comments)

 
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Renée Donohue~Home Photography

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Allegan, MI

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