Las Vegas NV Area REO Real Estate Market Report & Homes for Sale November 2011 (includes Henderson & North Las Vegas)
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Las Vegas Area REO Inventory has FALLEN since last report (-302 units), Under Contracts have FALLEN by (-109) units Closing data has FALLEN by (-79) 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 48% of all Las Vegas Area Valley resale closings in October 2011. REO listings account for only 20% of total resale listings. Current Listed Bank Owned Statistics: Listings (12/15/2011): 2279 Under Contract (12/15/2011): 3074 Sold November 2011: 1805 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? Gene...