LAS VEGAS AREA FORECLOSURE LISTINGS

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The Las Vegas market has been holding in a narrow range for over fourteen months and is showing signs of stability. MLS inventory increased to 10,176 from 9,400 last month. Resale prices have been bumping along between $116,000 and $126,000 for more than 14 months.
Still, at current sales rates that represents less than a 2.7 month supply … and the definition of a "hot market" is one in which there is less than a 90 day supply. Monthly closings are gaining strength and at near record levels.  The chart below shows the average price of homes in the Las Vegas area, 2010 stats, (in red), 2009 stats, (in blue), and 2008 stats, (in green). 

 To search for a foreclosure, bank owned home, click on the link below and you will have choices to narrow your search. When you find a bank owned home you’d like to view, give me a call or send an e-mail, and I’ll make the arrangements to show you the property at your convenience.

 Search for foreclosures

Contact me for a showing or to any any questions or to provide information you need in finding a home.

702-544-6961

e-mail any questions to: 

donaldb@realtyonelv.com