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Our take on today’s market as Nevada Realotrs – the better alternative to a Foreclosed Home is a Short Sale. It can be a difficult process without help. RE/MAX CENTRAL now has a full time Attorney on staff offering FREE Legal Advice to home owners who want help with the short sale of their home.
Nevada Realtors
Homes in Las Vegas are selling at 40 Cents on the $Dollar. Many people…
DATE 2/18/2010
LAS VEGAS HOMES AVAILABLE, PENDING, AND SOLD
ACTIVE & CONTINGENT ALL 22,302
ACTIVE & CONTINGENT REGULAR 4,966
ACTIVE & CONTINGENT REO 3,386
ACTIVE & CONTINGENT SHORTS 13,918
PENDING SALES ALL 3,028
PENDING SALES REGULAR 636
PENDING SALES REO’S 1,655
PENDING SALES SHORTS 729
SOLD YTD ALL 4,619
SOLD YTD REGULAR 958
SOLD YTD REO’S 2,648
SOLD YTD SHORTS 1,006
% Of Short Sales of SOLD YTD 21.78%
Contingents are the sales that are generally contingent upon Loan Approval.
There are other Contingent categories such as Short Sales…
A Las Vegas Short Sale is becoming the norm here in Las Vegas, as our tide of foreclosures begins to recede. We had over 21% of all homes sold in Las Vegas in January as a Short Sale according to the Greater Las Vegas Realtor’s Association (GLVAR). Prices appear to be stabilizing and our market is projected to be very similar to the last 12-18 months in general.
Free Las Vegas Short Sale…