Banks in Las Vegas dumping 1000s of Foreclosed Homes

Reblogger
Mortgage and Lending with All Western Mortgage Broker # 14210

Vegas Bob's post that Banks in Las Vegas will be dumping 1000's of homes will be welcome news for home-buyers but bad news for homeowners. With a flood of new homes coming on to the market it would be expected to see a decrease in home prices. With  this added to more defaults when the 5 year ARM'S start to reset expect to see a glut of new listings.

Original content by Robert Vegas Bob Swetz
Harmon Building MGM City Center - Photo taken by Robert Swetz

Harmon Building MGM City Center - Photo taken by Robert Swetz

Robert (Vegas Bob) Swetz spoke with some Broker’s from some major Real Estate companies with some connections to banks in the Las Vegas Valley.

Word has it banks across the LV Valley are going to be bringing thousands of new foreclosed home into the RE market. Banks have been sitting on so many foreclosed homes, many from years ago hoping that more would sell so they wouldn’t have to flood the market more then it is.

Great news for home buyers is with these new foreclosed homes coming into the market prices are going to be dropping ago later in the year.

Robert Swetz May 15th 2011

Banks in Las Vegas dumping 1000s of Foreclosed Homes

Photographs & Videos by Robert Swetz (Vegas Bob) - ©All rights reserved - All photographs for sale 

Direct: 702.443.7156      

If you are interested in Investment Properties in Las Vegas and the State of Nevada I can help you with all your needs.

Las Vegas continues to be a very fast growing city with some great opportunities for employment, retirement and much more. Las Vegas is surrounded by many other places & cities of interest like Lake Mead, Salt Lake City, Zion National Park, Arches National Park, Grand Canyon, Los Angeles, San Diego, Reno, Phoenix, Yosemite National Park, Lake Tahoe and more.

Below are some of my websites from Real Estate to Photography to Sci-Fi and more.

"Have a Wonderful Day"

 

Books by Vegas Bob! « Videos By Vegas Bob

 

Books by Vegas Bob! Robert Swetz' first book, The Dark Side of David, will be published in June of 2011! Sign up below to receive updates about Robert's new ...
www.videosbyvegasbob.com/?page_id=2372

 

www.VegasBuildingsForSale.com     Las Vegas Real Estate

www.LakeOwner.com     Lake & River Properties

www.VideosByVegasBob.com    Videos by Vegas Bob

www.SearchMyPics.com    Photography by Robert Swetz

www.DarkSideofDavid.com     New Book by Robert Swetz

www.exploretalent.com/robertswetz

www.UFOsAliens.org     UFO & Alien Website by Robert Swetz

www.youtube.com/user/swetz777    Videos by Robert Swetz

Robert (Vegas Bob) Swetz

Robert (Vegas Bob) Swetz

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)

Robert Vegas Bob Swetz
Las Vegas, NV

Hello John and thanks for the re-post/ re-blog and Fall of 2011 is going to be very interesting around Las Vegas!

VB ;o)

May 16, 2011 06:38 PM
Kenny Salame
All Western Mortgage Broker # 14210 - Las Vegas, NV
NMLS ID 313873

Vegas Bob,

This fall may bring more then our usually cold winds, but a chilly housing market as well.

May 17, 2011 05:25 AM