Las Vegas Area September 15, 2009 Active Listings by Type
August 2009 Sales by Type:
This is just a guide for consumers to see what types of properties are closing vs what is listed. Currently we have the most closes in the REO sector and the least inventory in the REO sector and it is an extreme seller's market.
Click here to see last month's Listing and Sales Type Report
Holy Short Sales Batman! WOW, I didn't know Vegas had so many! Excellent presentation! AR is an excellent way to learn about other markets, thanks for sharing.
Our REOs are about 10% give or take - LOL. And too bad we can't tell if it was a Short Sale or not!!! Our MLS doesn't have a field for that. ~Rita
Renee,
The REO and short sale combo makes up 84% of the sales. At least sales are taking place, the good news, but when is all that distressed inventory exhausted. One of these days, I hear.
Renee
65% of properties are bank owned or soon to be possibly? I don't know if you knew I am planning a move soon. At these prices things could be great. Is there a place for a big majestic dog names Lars to fit in? Heck, I'm only a state away soon; I could come and cold call for you for a day or two buddy.
You are the Queen of Real Estate in Las Vegas! Lars gives that a heads up as well.
Greg: I live in distressed listing and sale hell. Call it Gotham City if you wish!
Sheldon: I dream of normalcy (whatever that is!)
Steve: THANKS!
Rita: Poop on not having an extra field for that. I would not be in business if I had to manually discern between a short and the rest!
Esko: I pray for that day to be soon, I fear it won't ;)
Tom: You n Lars are going to be only a state away!! I am sure I can find you a nice home on a lot bigger than a postage stamp for Lars. If not, perhaps you can meet me at the dog park every night.
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