BluefoxToday blog : Las Vegas NV Area REO Real Estate Market Report & Homes for Sale January 2011 (Includes Henderson & North Las Vegas)

Las Vegas NV Area REO Real Estate Market Report & Homes for Sale January 2011 (Includes Henderson & North Las Vegas)

REO Bank Owned Foreclosure Homes for Sale in Las Vegas

REO Bank Owned Foreclosure Homes for Sale in Las Vegas

REO Bank Owned Foreclosure Homes for Sale in Las Vegas

Las Vegas Area REO Inventory has FALLEN since last report (-433 units), Under Contracts have RISEN by (+360) units  Closing data has FALLEN by (-443) units.  Low interest rates have spurred a flurry of buyer interest & activity  and it continues.  

REO sales accounted for 51% of all Las Vegas Area Valley resale closings in January 2011.  REO listings account for only 19% of total resale listings.

Current Listed Bank Owned Statistics:

  • Listings (2/15/2011):  2935
  • Under Contract (2/15/2011): 2920
  • Sold January 2011:  1582

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 Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?)  It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley.  They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.

View More FAQ About My Las Vegas Area Real Estate Market Reports.


Thanks,  Renée Burrows 702-580-1783 Broker/Owner, REALTOR®
 

 

copyright 2006-2013 Renee Burrows, REALTOR®, Savvy Home Realty Solutions  702-966-2494

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Comment balloon 8 commentsRenée Donohue~Home Photography • February 18 2011 08:03AM

Comments

Boy! Less than two months inventory.  That's impressive.  We can't come close to that here.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) almost 8 years ago

Renee, I was going to same the same thing in regards to inventory as Gabe above me...not bad at all!

Posted by Kristin Johnston - REALTOR®, Giving Back With Each Home Sold! (RE/MAX Realty Center ) almost 8 years ago

Renee,

Ok, great stats...

Here's the new TV program idea; "The Shack Diva Defends The Vegas Dream Life." All we ask is agent rights when your ready to ink the deal.

Have a great weekend,

Steve

Posted by Steve, Joel & Steve A. Chain (Chain Real Estate Investments & Mortgage, Steve & Joel Chain) almost 8 years ago

Hi Renee,

Great job on presenting lots of information in a graphical and entertaining presentation method, as Vegas goes, so goes the continent...

Happy Selling.

Posted by Peter Pfann @ eXp Realty Pfanntastic Properties in Victoria, Since 1986., Talk To or Text Peter 250-213-9490 (eXp Realty, Victoria BC www.pfanntastic.com) almost 8 years ago

Renee - I am still amazed at your ability to present data in such new and exciteing ways - thanks for the help on the graphs:)

Posted by Courtney Cooper, 206-850-8841 (Ben Kinney Brokerages Leadership at our Keller Williams North Seattle Office) almost 8 years ago

Steve:  It is really a battle between the two domains.  WWF or UFC?

Courtney:  I still need to hop over to your blog, SORRY!!

THanks all for the comments, much appreciated!

Posted by Renée Donohue~Home Photography, Western Michigan Real Estate Photographer (Savvy Home Pix) almost 8 years ago

Renee,

The under contracts number going up is encouraging. Maybe something is building up for a good spring push.

Posted by Esko Kiuru over 7 years ago

Thanks Esko!

Posted by Renée Donohue~Home Photography, Western Michigan Real Estate Photographer (Savvy Home Pix) over 7 years ago

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