Las Vegas Real Estate Agent Housing Market Update -Foreclosure Homes for sale in Vegas for March 9, 2012
As you can see from some of my previous updates we are still seeing our inventory drop, even with homes coming on the market, the good ones are of course going under contract quickly, even if they are Las Vegas Short Sales
We are now below 7,000.
There are approx 6,933 homes for sale in the Las Vegas area that do not have offers on them per the local MLS.
Of that there are less than 1,099 of them that are foreclosures.
This is for single family homes without contracts on them.
Our pending and homes with contracts on them are approx .... 12,261
Las Vegas Real Estate Agent Housing Market Update~ March 3, 2012
The Las Vegas area homes available for offers has continued to drop again this past month largely in part to the foreclosure law law AB 284 that took effect on October 1, 2011.
Sooner or later there will be more foreclosures hitting the market, the big question will be if the banks have learned how to control the market by releasing them slowly.
Until then: What this means for you as a Las Vegas home buyer is.....less homes to choose from and when you do see one you like, don't wait, get your best offer in right away. You need to make sure you are PREAPPROVED to buy before you start your home search. If you are ready to take that step to get preapproved give me a call.
Dawn Barrier at HOMESMART ENCORE Las Vegas, Nevada
Las Vegas, Nevada
Any Stats are on Resale Single Family homes only per the GLVAR MLS as of this writing or as noted,covers the Las Vegas Valley, North Las Vegas, Henderson area or as noted.
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HOMESMART ENCORE Las Vegas Dawn Barrier