The absorption rate for Las Vegas Valley Area Short Sales is finally seeing movement.  Absorption is moving to the stable market territory at only 7.8 months of inventory.  Solds have FINALLY gone from hovering the 200 unit mark and went over the 500 mark.  I see improvement in this sector! Inventory has decreased  (-127 units).  Pending units have increased by +539 units.    Solds have increased by +101 units.  Absorption down by 1.8 months There are many reasons for the lack of closings in this market and it is outlined in this post.  Short Sale Synopsis: Listings 10/15/2009: 4591 Pending 10/15/2009: 8559 Closed September 2009: 592 Month's Inventory: 7.8 Short Sales Currently Account for: 44% of All Las Vegas Valley Listings 14% of All Las Vegas Valley Sales  Read here for the most c... 10/18/2009

Rentals: 341 Listed 1/25/2008 16 Under Contract 1/25/2008 45 Leased December 2008 7.6 Months Inventory Resales: 887 Listed 1/25/2008 39 Under Contract 1/25/2008 24 Closed December 2008  37 Months Inventory (=3.1 years) Rental inventory decreased from last month.  Resale inventory also cut in half from last month. THis is how volatile this market is.    Read last month's report here. This report is compiled by using data from the GLVAR MLS. Data is gathered by the "VERTICAL" field and the "RESIDENTIAL" field using "CON" as subtype and  "HIGHRIS,LOFTLIV,PENTHSE" equals any for building description.  Information is deemed reliable but not guaranteed. Read the most current market report for the Las Vegas High Rise Sector right here. If you are thinking about buying or renting a high rise c... 02/08/2009

Lofts for Sale C2 Lofts Las Vegas Summerlin Lofts C2 Lofts Las Vegas - lofts for sale - lofts las vegas http://www.las-vegas-homes.biz    Lofts for Sale C2 Lofts Las Vegas    C2 Lofts Las Vegas lofts for sale model lofts are nearing completion located in Summerlin Nevada real estate with first move-ins also this summer. C2 Lofts Las Vegas lofts for sale are a stylish urban living within a prime location of Summerlin Las Vegas Nevada master-planned community. C2 Lofts Las Vegas lofts for sale have incredible volume, the high ceilings, floor-to-ceiling windows and other elegant touches lofts for sale C2 Lofts Las Vegas in Summerlin Las Vegas has to offer. C2 Lofts Las Vegas in Summerlin includes two gorgeous heated pools, two spas and a fitness center. C2 Lofts retail will include a coff... 07/04/2007