Las Vegas Foreclosure & Short Sale Scoop – Today

The Las Vegas Real Estate Market today has 23,330 available homes and condominiums as of April 16, 2008. Of those, 5,208 are active short sales and 2,022 are active REO’s. There are 1,316 short sales in contingent/pending status. There are 1,454 REO’s in contingent/pending status.

Contingent status indicate that an offer has been accepted contingent on the terms of the contract. Pending status indicates that the sale is ready to close…

Life and Passion

We all have stories about our life and how others have made positive influences in our lives. One of my dear friends and business associate for over 20 years continues to be a positive part of my life. We have had some rough patches but we always worked though them. When I look at the past 20 years I see someone who never stops giving to others. Perhaps you know…

LAS VEGAS Is Number 3 In The FORECLOSURE MARKET

The Las Vegas foreclosures continue to increase as the adjustable rate mortgages continue to increase payments.

  • Overall 4.46 percent of the homeowners are at least one month past due on their payments at the end of the first 2008 quarter. That is a 38% increase. Nevada is number three in delinquencies at 6.59 percent.
  • Las Vegas has 17,551 available homes and 4,731 condominiums on the market. 23.8% or 4,177 are short…