Las Vegas Area January 15, 2010 Active Listings by Type
- REO: 2137 (21%)
- Short Sale: 4735 (45%)
- All Other: 3552 (34%)
December 2009 Sales by Type:
- REO: 2548 (62%)
- Short Sale: 794 (19%)
- Other: 793 (19%)
This is just a guide for consumers to see what types of properties are closing vs what is listed. Currently we have the most closes in the REO sector and the least inventory in the REO sector and it is an extreme seller's market.
Click here to see last month's Listing and Sales Type Report
Very helpful information Rene. Thanks for sharing. All the best of luck!
Renee....ALWAYS a great report you do! I've got to kick mine up a notch.....e-mail me some tips?
Hi Renee! Holy guacamole! What a large number of short sales you have! I'd venture to say that anyone coming to your area CAN find a great deal on a home!
Excellent report--AS ALWAYS! (I promise I'm not cutting and pasting remarks from your other posts--you're just amazing)!
Renee - Great Information about the Las Vegas NV Real Estate market. Hopefully some of those short sales will start closing soon.
Renee - I love the new graphs! They are great in combination with the pie chart graphs. You are also great at these things and also great at keeping everyone informed of the Las Vegas real estate market. No I take that back...you are the best at keeping everyone infomred about Las Vegas real estate. To prove I'm not bluffing...type just about anything real estate related into Google and you'll find Renee all over the place.
This is a very interesting report.. and extreme Seller's market. That certainly is not what buyers would have imagined.
Hi Renee..Wow look at the Home Buyers jumping on your Short Sales this Month..Nice for the Home Owners wanting to move on with their lives.
I guess you need to be a short sale expert in Las Vegas these days. If I am reading the graphs correct you have more homes under contract than for sale?
Your graph for listing types, short sales on top sure seems to be the trend nationwide...here too
Dom: Thanks for stopping by and the kind comment!
Thom: How about you email me what you are looking to do so I have an idea!! I did write a MO about the graphs in my APril 2009 archives ;)
Debe: LOL and I swear I don't copy and paste when I say that I want you to send me some of your inventory!! HAHA!
Michelle: Slowly but surely they are rising every month ;)
Nevin: Thanks ;)
Joan: It's what none of us imagined a mere two years ago. Shows that price is a motivator!
Fred: Absolutely nice!
John: Yes wayyyyyyyyyy more homes under contract!!
Kristin: and they take so long to close!
Renee,
REOs and short sales cover 81% of the sold real estate market here in the fair city of Vegas. Regular seller must feel pretty squeezed.