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Short Sales * Foreclosures * Repossessions

There are currently an Extraordinary Amount of Distressed Properties
in the Las Vegas Area.
This is Due to the Explosive Real Estate Market a Few Years Ago.
60% of Current Nevada Foreclosures were Investment Properties.
90% of these Properties had Out-of-State Owners.

The Local Economy in Las Vegas is Still Growing.
There is Over $25 Billion in Construction on the Las Vegas Strip.
This will Add Up To More Than 21,000 Rooms.
An Estimated 86,000 Jobs will be Added by the Year 2012.

This All Adds Up to a "Buyer's Market"

Available

 Type Short Sales Foreclosures Repossessions
         
9086 Single Family 3861 406 1957
2149 Condominiums 855 67 457
746 Townhomes 296 16 187
         
11981 Totals 5012 489 2601
11981 Single Family
Condos
Townhomes		 8102
         
100% Percentages 42% 4% 22%
100% Single Family
Condos
Townhomes		 68%
         

Short Sales? Foreclosures? Repossessions?
What is the Difference?   Read More . . .

Las Vegas Home Sales Increase Every Month for 2009.   Read More . . .

Have Las Vegas Area Average Home Prices Hit Bottom?   Read More . . .

What Happened to The Las Vegas Real Estate Market?   Read More . . .

 

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 New Homes Research, Inc.

 
    330 E. Warm Springs Rd.   Las Vegas,   NV.   89119    
Licensed Real Estate Professionals in Nevada, Las Vegas, North Las Vegas, & Henderson
 Buyer Brokerage & Seller Brokerage, Residential, New & Resale, Land & Commercial
Researching Southern Nevada Since 1983
 We Provide Research, Statistics, Reports, Education
for Real Estate Companies, Brokers, Agents, Builders and Clients
    800-458-3390    

     

 

New Homes Research   330 E. Warm Springs Rd.   Las Vegas, NV.   89119
© 1997-2010