Las Vegas NV Area REO Real Estate Market Report & Homes for Sale April 2013 (includes Henderson & North Las Vegas)

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Services for Real Estate Pros with Savvy Home Pix B.1000860.LLC

REO Bank Owned Foreclosure Homes for Sale in Las Vegas

Las Vegas Real Estate REO Inventory Trends

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 (+9 units), Under Contracts have FALLEN by (-67) units Closing data has FALLEN by (-26) units. Low interest rates have spurred a flurry of buyer interest & activity and it continues.  AB 284 IS PREVENTING NORMAL AMOUNTS OF NEW LISTINGS FROM COMING ON THE MARKET CURRENTLY until further notice!

REO sales accounted for 11% of all Las Vegas Area Valley resale closings in April 2013. REO listings account for only 11% of total resale listings.

Current Listed Bank Owned Statistics:

  • Listings (5/15/2012): 453
  • Under Contract (5/15/2012): 627
  • Sold April 2013: 397

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.

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Thanks,  Renée Burrows 702-580-1783 Broker/Owner, REALTOR®
 

 

copyright 2006-2013 Renee Burrows, REALTOR®, Savvy Home Realty Solutions  702-966-2494

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Topic:
Real Estate Market Trends
Location:
Nevada Clark County North Las Vegas Annendale
Groups:
Market Updates
Nevada/Las Vegas REO, Fourclosure, Short Sale Specialist
City and State
Las Vegas Foreclosures - Homes, High-Rises-Condos
Market Reports
Tags:
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Rainmaker
4,443,715
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Renee, not much REO inventory left, and when it does come on the market, bet it is U/C very quickly.

Jun 03, 2013 12:10 AM #1
Rainmaker
1,964,444
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Renee,

Wow, that graph is just amazing. Are your phones ringing for listings. We should skype sometime and network. 

Jun 04, 2013 01:50 PM #2
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