Las Vegas Short Sale

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…

Las Vegas Short Sales

Las Vegas Short Sales dominates all pending Las Vegas Real Estate Sales and we believe this trend will continue and possibly accelerate as we move through 2010.  The increase in Las Vegas Short Sale means that banks are more willing to work with distressed homeowners and be more flexible on price reductions. This in turn helps to minimize Las Vegas Foreclosures.

Las Vegas Short Sales

Of the approximately 13,403 current pending sales based…