Nevada Real Estate >> Las Vegas Real Estate Specialist: Nevada: Las Vegas: Montara

Las Vegas NV Area REO Real Estate Market Report & Homes for Sale June 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 (-78 units), Under Contracts have FALLEN by (-394) units Closing data has FALLEN by (-235) 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 29% of all Las Vegas Area Valley resale closings in June 2012. REO listings account for only 11% of total resale listings.

Current Listed Bank Owned Statistics:

  • Listings (7/15/2012): 516
  • Under Contract (7/15/2012): 1308
  • Sold June 2012: 1122

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®
 

 

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

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Comment balloon 5 commentsRenée Burrows • July 15 2012 12:03PM
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 (-78 units), Under Contracts have FALLEN by (-394) units Closing data has FALLEN by (-235) units. Low interest rates have spurred a flurry of buyer interest &… more
Welcome Home to Las Vegas Communities: Montara
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Welcome Home To Southwest Las Vegas Community: Montara 108 Single Family Detached Patio Style Homes Ranging from 1374-1516 Square Feet Built in 2005 by Desert Wind Montara Community Amenities… more