LAS VEGAS REAL ESTATE DAILY UPDATE
DATE 2/26/2010 FREE LEGAL ADVICE ON SHORT SALES
Active All 22,472
Active & Contingent Regular 5,057
Active & Contingent REO’s 3,294
Active & Contingent Shorts 14,088
Pending Sales All 3,028
Pending Sales Regular 647
Pending Sales REO’s 1,617
Pending Sales Shorts 760
Sold YTD All 5,569
Sold YTD Regular 1,148
Sold YTD REO’s 3,195
Sold YTD Shorts 1,215
% Short Sales of Sold YTD 21.82% SHORT SALES ARE INCREASING
Short Sales Are Best for the Seller And Best for…
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Las Vegas Foreclosed Homes have been impacted by sales of traditional homes in January – this is first time this has occurred in two years, signaling more positive shifts in our local market.
Short Sales Driving Market
Short Sales are starting to overshadow foreclosed homes in terms of numbers and percentages. A Short Sale just means the home is sold for less than what is owed on the mortgage and is good…
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Monday February 22, 2010 LAS VEGAS HOME SALES
Active All 22,452
Active & Contingent Regular 5,009
Active & Contingent REO’s 3,396
Active & Contingent Shorts 14,015
Pending Sales All 3,016
Pending Sales Regular 648
Pending Sales REO’s 1,625
Pending Sales Shorts 736
Sold YTD All 4,970
Sold YTD Regular 1,037
Sold YTD REO’s 2,839
Sold YTD Shorts 1,085
% Short Sales of Sold YTD 21.83%
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