Kimberly Dearth's (vegaslifestylehomes) Blog

  Cash REMAINS KING in the Las Vegas Area Real Estate Market!!!  It is important for every buyer in the Las Vegas Area Real Estate Market to understand who their buyer competition is in this currently competitive seller's market LV is enjoying!  It is important to understand how a seller looks at...

  July 15, 2009 Listings by Type REO:  2758 (23%) Short Sale:  5035 (42%) All Other:  4221 (35%) June 2009 Sales by Type: REO:  3530 (76%) Short Sale:  400 (9%) Other:  689 (15%) This is just a guide for consumers to see what types of properties are closing vs what is listed.  Currently we have t...

  Silverado Ranch June 2009 Real Estate Resale Market Report: Listings (7/16/2009):  163 Under Contract (7/16/2009):  231 Sold June 2009:  74 Month's Inventory:  2.2 Since last month:  Listings are DOWN -62, Pendings are UP +12, Sales are UP +15 Read Last Month's Report Here  If you are thinking ...

  Desert Shores June 2009 Real Estate Resale Market Report: Listings (7/16/2009):  78 Under Contract (7/16/2009):  83 Sold June 2009:  24 Month's Inventory:  3.3  Last Month's Report Click here for Most Recent Desert Shores Market Report Click here for More Information on Desert Shores Lake Livin...

While summertime offers us a great opportunity to make the most of our sunny Saturdays, you might find yourself with some extra free time.  What to do?  Why not take a little time each weekend to give your beautiful home a little extra care?  One of the best things about owning a home is the pri...

  Economic Conditions for the Las Vegas Valley June 2008  Housing Conditions: Foreclosure/Short Sale Listings (7/16/2009): Total Listings 12014; Short Sales: 5035, 42% of all listings; Bank Owned Listings: 2758, 23% of all listings. Short sale and REO listings consume 65% of total listings New Ho...

  Summerlin May 2009 Real Estate Resale Market Report: Listings (7/16/2009):  708 Under Contract (7/16/2009):  551 Sold June 2009:  202 Month's Inventory:  3.5 Absorption is slightly higher than Las Vegas Valley. Since Last Month's Report: Listings DOWN -47  Pendings UP +28 Sold Units UP +53 Last...

  The absorption rate for Las Vegas Valley Area Short Sales is finally seeing movement for June 2009.  Absorption still remains high BUT is hovering around the 1 year mark.  Solds have FINALLY gone from hovering the 200 unit mark and went over the 400 mark.  I see improvement in this sector! Inve...

  Mountain's Edge June 2009 Real Estate Resale Market Report: Listings (7/16/2009):  184 Under Contract (7/16/2009):  307 Sold June 2009:  74 Month's Inventory:  2.5 Last Month's Mountain's Edge Real Estate Market Report Mountain's Edge is a newer community so many of the listings are short sales...

  The Las Vegas Valley (includes Henderson & North Las Vegas) has seen some major market stabilization in the last year!  Absorption for June 2009 is a seller's market @ 2.6 months of inventory (compare it to 22.5 months inventory in Nov/Dec 2007!)   Some micro-markets (ie,Foreclosures Bank Owned...