Las Vegas NV Area REO Real Estate Market Report & Homes for Sale June 2012 (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 (-78 units), Under Contracts have FALLEN by (-394) units Closing data has FALLEN by (-235) 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 29% of all Las Vegas Area Valley resale closings in June 2012. REO listings account for only 11% of total resale listings. Current Listed Bank Owned Statistics: Listings (7/15/2012): 516 Under Contract (7/15/2012): 1308 Sold June 2012: 1122 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? General Las Ve...
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