Las Vegas NV Area Short Sale Real Estate Market Report & Homes for Sale December 2011 (includes Henderson & North Las Vegas)
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
The absorption rate for Las Vegas Valley Area Short Sales appears to be swinging from a neutral market back to a seller's market as the new yeaer approaches. Active Listing Inventory has DECREASED by -337 units. Under Contract has DECREASED by -59 units. Sold units have INCREASED by +78 units. There are many reasons for the lack of closings in this market and it is outlined in this post. Short Sale Synopsis: Listings 1/15/2012: 4935 Pending 1/15/2012: 8383 Closed December 2011: 1099 Short Sales Currently Account for: 47% of All Las Vegas Valley Listings 27% of All Las Vegas Valley Sales Read here for last month's report on Las Vegas Area Short Sales. Most Current Market Report For Short Sales Information About the Short Sale Process for Las Vegas Area Short Sale Buyers & Sellers What A...