Nevada Real Estate >> Las Vegas Real Estate Specialist: Nevada: North Las Vegas: Centennial Hills

Las Vegas NV Area April 2010 REO Inventory Update (Marching Upwards...A LITTLE)

Las Vegas REO Homes for Sale

Las Vegas Real Estate Market Report

Las Vegas Area REO Inventory has RISEN since last report (+431 units), Under Contracts have FALLEN (-64) units  Closing data has FALLEN (-384) units.  Low interest rates have spurred a flurry of buyer interest & activity this December and it continues.  

REO sales accounted for 45% of all Las Vegas Area Valley resale closings in April 2010.  REO listings account for only 19% 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 (5/15/2010): 1779
  • Under Contract (5/15/2010): 2749
  • Sold April 2010:  1626

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

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Comment balloon 5 commentsRenée Burrows • May 19 2010 12:36PM
Las Vegas NV Area April 2010 REO Inventory Update (Marching Upwards…
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Las Vegas Area REO Inventory has RISEN since last report (+431 units), Under Contracts have FALLEN (-64) units Closing data has FALLEN (-384) units. Low interest rates have spurred a flurry of buyer interest & activity this… more
Military Families-More Funding Proposed for the Homeowners Assistance…
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