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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.

Las Vegas has the Highest Foreclosure Rate in the Country.
Interest Rates are the Lowest in Over 30 Years.
Properties are Selling for Less Than 50% of Previous Value.

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

Available

 Type Short Sales Foreclosures Repossessions
         
10122 Single Family 4682 799 1914
1581 Condominiums 721 96 433
876 Townhomes 385 72 179
         
12579 Totals 5788 967 2527
12579 Single Family
Condos
Townhomes		 9282
         
100% Percentages 46% 8% 20%
100% Single Family
Condos
Townhomes		 74%
         

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

Las Vegas Home Sales Increase for 2010.   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
© 1997-2012