I am a little behind with reporting the numbers but if you click below for most recent market report you will be surprised at March's numbers:  ONLY 1.9 MONTHS INVENTORY!  Inventory has fallen dramatically since last report (-595 units), Pendings have risen +1044 units  Closing data is slightly up at +33 units.   Low interest rates have spurred a flurry of buyer interest & activity this December and it continues.   Foreclosures are showing NO signs of stopping! REO sales accounted for 81.9% of all Las Vegas Area Valley resales in February 2009.  REO listings account for only 34% 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 (3/25/2009): 6642 Under Contract (3/25/2009)... 04/15/2009