Las Vegas Foreclosures Year End Analysis

As we head into this New Year here is a recap on Las Vegas Real Estate trends we’ve seen this year:

Las Vegas Foreclosures have become very affordable – our price per square foot for some homes/properties is at levels we haven’t seen in 3-5 years or more in some area; prediction: we think our market is close to bottom in pricing or “trying to form” a bottom as we say in real estate…

Las Vegas Foreclosures Driving the Market

Las Vegas Foreclosures are truly a great bargain. Although some people are afraid to buy them primarily based on cosmetic issues; i.e. holes in walls, bad carpet, missing appliances, etc.

But, smart investors are snapping up foreclosures in our market and getting cash positive deals on a wide variety of foreclosed homes.

We believe “work force housing” is emerging as hot market segment for Las Vegas Foreclosures. “Work force housing” can typically…

Buying Las Vegas Foreclosure Property

If you are Buying Las Vegas Foreclosure Property you will save significant time and money working with a realtor of your choice.  But, be sure to select a realtor and/or agency that has a dedicated team or individual who specializes in Buying Las Vegas Foreclosure Property.

Be aware, buying foreclosures is much different from a standard real estate transaction – there is much more complexity, paperwork and ins and outs to these…