Las Vegas NV Area Short Sale Real Estate Market Report & Homes for Sale October 2011 (includes Henderson & North Las Vegas)
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
The absorption rate for Las Vegas Valley Area Short Sales appears to be swinging from a neutral market back to a buyer's market as fall approaches. Active Listing Inventory has DECREASED by -243 units. Under Contract has INCREASED by +44 units. Sold units have INCREASED by +1 units. There are many reasons for the lack of closings in this market and it is outlined in this post. Short Sale Synopsis: Listings 11/15/2011: 5668 Pending 11/15/2011: 8531 Closed October 2011: 959 Short Sales Currently Account for: 47% of All Las Vegas Valley Listings 25% of All Las Vegas Valley Sales Read here for last month's report on Las Vegas Area Short Sales. Most Current Market Report For Short Sales Information About the Short Sale Process for Las Vegas Area Short Sale Buyers & Sellers What Areas Do You...