Las Vegas | Henderson | North Las Vegas August 2010 REO Real Estate Market Report

Reblogger
Mortgage and Lending with All Western Mortgage Broker # 14210

Renee has a new report on the housing trend in Las Vegas. If you want the latest and most accurate information then you will want to subscribe to her blog. It is well worth the effort!

Original content by Renée Donohue~Home Photography B.1000860.LLC

Las Vegas Area REO Homes for Sale

Las Vegas Area REO Real Estate Market Report

Las Vegas Area REO Inventory has RISEN since last report (+121 units), Under Contracts have RISEN (+134) units  Closing data has FALLEN (-4) units.  Low interest rates have spurred a flurry of buyer interest & activity  and it continues.  

REO sales accounted for 45% of all Las Vegas Area Valley resale closings in July 2010.  REO listings account for only 20% of total resale listings.

Current Listed Bank Owned Statistics:

  • Listings (9/15/2010):  2859
  • Under Contract (9/15/2010): 2809
  • Sold August 2010:  1586

View Last Month's Report Here  

For Most Current Las Vegas REO Inventory Market Report.

What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?

General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-605 (the average consumer probably asks, what’s that?)  It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley.  They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.

View More FAQ About My Las Vegas Area Real Estate Market Reports.

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Posted by

         Kenny Salame                                                                                                  Equal Housing

Kenny Salame
Senior Loan Officer
All Western Mortgage Inc.
8345 W. Sunset Rd.
Suite 380
Las Vegas, NV, 89113
US                            
Mobile: 702--506-3301
Direct: 702-947-0609
Office: 702-369-0905
Fax: 702-952-0887
ksalame@allwesterm.com
 
 
 
 
 
 

Comments (2)

Vick The Broker Olympus Executive Realty
Olympus Executive Realty INC. - Orlando, FL
Home Of The Top Producers

Thank you for the great wealth of information

and update on your area,

Wishing you the best!

Sep 18, 2010 06:01 AM
Kenny Salame
All Western Mortgage Broker # 14210 - Las Vegas, NV
NMLS ID 313873

Nick,

Thank you. I have to give credit to Renee for such a concise blog with great information.

Sep 18, 2010 06:55 AM