Las Vegas NV Area REO Real Estate Market Report & Homes for Sale April 2011 (includes Henderson & North Las Vegas)

Mortgage and Lending with All Western Mortgage Broker # 14210

Renee Burrows has provided a break down for REO Retail Marketing Statistic for Las Vegas, Nevada, North Las Vegas, and Henderson for April 2011. Inventory has shown a small increase from the month before. Offers have increased as well over last month contingent offers. Closing have seen a slight decrease due to a number of factors with underwriting, title issues, HOA demand delays and short sales all having it toll in the number of closings. To see if you can qualify for a home loan please contact me at 702-271-2659 or apply online.

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

REO Bank Owned Foreclosure Homes for Sale in Las Vegas

REO Bank Owned Foreclosure Homes for Sale in Las Vegas

REO Bank Owned Foreclosure Homes for Sale in Las Vegas

Las Vegas Area REO Inventory has RISEN since last report (+255 units), Under Contracts have RISEN by (+102) units  Closing data has FALLEN by (-283) units.  Low interest rates have spurred a flurry of buyer interest & activity  and it continues.  

REO sales accounted for 48% of all Las Vegas Area Valley resale closings in April 2011.  REO listings account for only 22% of total resale listings.

Current Listed Bank Owned Statistics:

  • Listings (5/15/2011):  3077
  • Under Contract (5/15/2011): 3265
  • Sold April 2011:  1816

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 101-606 (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.

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
Mobile: 702--506-3301
Direct: 702-947-0609
Office: 702-369-0905
Fax: 702-952-0887

Comments (0)