Resale Demand Remains High! The availability of bank-owned listings increased slightly in November as there are now just over 2200 available listings in the Greater Las Vegas area.  Short sale listings have also increase to nearly 4500.  However, there are nearly 3900 available traditional listings. REO closings in September accounted for 61% of all single family residential (SFR) … More Las Vegas Housing Stats – November 2009 Update

A Strong Start to the 4th Quarter of 2009 ! The availability of bank-owned listings has dipped while available short sale listings continue their decline.  Demand remained very strong in the current market for October. REO listings have dropped to around 2100 available listings in the Las Vegas, North Las Vegas, and Henderson areas while available short … More Las Vegas Housing Stats – October 2009 Update

More Good News for Traditional Sellers The availability of both bank-owned and short sale listings continue their decline while demand remains strong in the current market. REO listings have dropped to around 2600 available listings in the Las Vegas, North Las Vegas, and Henderson areas while available short sale listings have declined to 4800. REO closings in … More Las Vegas Housing Stats – August 2009 Update

“Classic Closings” Climbing The availability of both bank-owned and short sale listings continue to decline even as demand remains strong in the market.   REO listings are hovering around 2700 available listings in the Las Vegas, North Las Vegas, and Henderson areas while available short sale listings have declined to 5000.  REO closings in July accounted for 72% of all single … More Las Vegas Housing Stats – July 2009 Update

Short Sale Closings are on the Rise Available short sale listings continue to decline with just under 5300 currenly on the market. However short sale closing made up nearly nine percent (9%) of all June closings – up from seven percent (7%) of the closings in May.   Meanwhile, REO listings have dropped under 2800 available listings in the … More Las Vegas Housing Stats – June 2009 Update

What do parts of the Southwest of Las Vegas and parts of Henderson have in common?  The Greater Las Vegas MLS areas 505 and 606 each enjoyed closing sales prices that were higher than the previous month!  Certainly one month does not a trend make, but it is encouraging – if not exhilirating – to see … More Las Vegas Housing Stats – February 2009 Update