It is good news to see these numbers have dropped so much compared to the past few years!
Although these numbers have dropped, we still have some folks that owe more on their mortgage than what the home could sell for and for them a short sale may be their option.
As of this writing there are a bit over 2,300 short sales for sale in the Las Vegas area, of that there a bit over 700 that do not have a buyer contract on them, the others are already under a contract with a buyer awaiting short sale approval from the lender or are in process of closing.
There are 79 short sales that have sold so far this month.
Search the Las Vegas MLS Homes For Sale
Las Vegas home buyers: Did you know, if you qualify, there may be down payment/closing costs assistance programs that you may qualify for to assist in your Las Vegas home purchase?
If you are already pre-approved to buy a Las Vegas home, ask your lender if you qualify for any of the programs.
If you are ready buy a home in Las Vegas Now and ready to get pre-approved to purchase a Las Vegas home let us know so you can get pre-approved with a lender as this is the #1 first step you must do in order to start viewing the homes in your price range.
PROMINENT REALTY GROUP, LLC Phone: (702) 812-4550
Dawn Barrier EXP REALTY Las Vegas (702) 812-4550
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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eXp Realty Dawn Barrier