Nevada Real Estate >> Las Vegas Real Estate Specialist: Nevada: Henderson: Eastbridge Gardens

Las Vegas NV Area May 2010 REO Inventory Update

Las Vegas REO Homes for Sale

Las Vegas Area REO Real Estate Market Report

Las Vegas Area REO Inventory has RISEN since last report (+367 units), Under Contracts have RISEN (+38) units  Closing data has FALLEN (-162) units.  Low interest rates have spurred a flurry of buyer interest & activity this December and it continues.  

REO sales accounted for 42% of all Las Vegas Area Valley resale closings in May 2010.  REO listings account for only 20% of total resale listings.

Multiple offers are streaming in as banks continue to lower to fire and auction sale prices.

Current Listed Bank Owned Statistics:

  • Listings (6/15/2010):2146
  • Under Contract (6/15/2010): 2787
  • Sold May 2010:  1464

View Last Month's Report Here  

To find the most recent report, click here


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

 

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

Blog Disclaimer Important Notice

Realtor/MLS Member, NAR, NVAR, GLVARAccredited Buyer's RepresentativeSeller Representative SpecialistSenior Real Estate SpecialistAt Home with DiversityResort & Second Home Property SpecialistShort Sale Foreclosure Resource

 

 

 

Sell Las Vegas Home          Las Vegas Homes for Sale     Las Vegas Rental House

              

 

 

 

Comment balloon 7 commentsRenée Burrows • June 16 2010 10:15AM
Las Vegas NV Area May 2010 REO Inventory Update
share
Las Vegas Area REO Inventory has RISEN since last report (+367 units), Under Contracts have RISEN (+38) units Closing data has FALLEN (-162) units. Low interest rates have spurred a flurry of buyer interest & activity this… more