Las Vegas NV Area Short Sale Real Estate Market Report & Homes for Sale October 2012 (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 is a strong seller's market. Since last month: Active Listing Inventory has DECREASED by -35 units. Under Contract has DECREASED by -222 units. Sold units have INCREASED by +169 units. There are many reasons for the lack of closings in this market and it is outlined in this post. Short Sale Synopsis: Listings 11/15/2012: 960 Pending 11/15/2012: 11513 Closed October 2012: 1608 Short Sales Currently Account for: 20% of All Las Vegas Valley Listings 46% 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 Cover for your Las Vegas Area Real Est...