Nevada Real Estate >> Las Vegas Real Estate Specialist: Nevada: Henderson: Nuevo Vista

Las Vegas NV Area REO Real Estate Market Report & Homes for Sale July 2012 (includes Henderson & North Las Vegas)

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 FALLEN since last report (-120 units), Under Contracts have FALLEN by (-725) units Closing data has FALLEN by (-589) 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 22% of all Las Vegas Area Valley resale closings in July 2012. REO listings account for only 10% of total resale listings.

Current Listed Bank Owned Statistics:

  • Listings (8/15/2012): 474
  • Under Contract (8/15/2012): 977
  • Sold July 2012: 768

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.


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

 

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Comment balloon 6 commentsRenée Burrows • September 04 2012 05:38AM
Las Vegas NV Area REO Real Estate Market Report & Homes for Sale…
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Las Vegas Area REO Inventory has FALLEN since last report (-120 units), Under Contracts have FALLEN by (-725) units Closing data has FALLEN by (-589) units. Low interest rates have spurred a flurry of buyer interest &… more