Las Vegas Area REO Inventory has FALLEN since last report (-217 units), Under Contracts have FALLEN by (-269) units Closing data has RISEN by (+189) units. Low interest rates have spurred a flurry of buyer interest & activity and it continues.  AB 284 IS PREVENTING NORMAL AMOUNTS OF NEW LISTINGS FROM COMING ON THE MARKET CURRENTLY until further notice! REO sales accounted for 43% of all Las Vegas Area Valley resale closings in March 2012. REO listings account for only 17% of total resale listings. Current Listed Bank Owned Statistics: Listings (4/15/2012): 1018 Under Contract (4/15/2012): 2504 Sold March 2012: 1812 View Last Month's Report Here For Most Current Las Vegas REO Inventory Market Report. What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports? General Las... 04/17/2012