The absorption rate for Las Vegas Valley Area Short Sales is a strong seller's market. Since last month:  Active Listing Inventory has DECREASED by -115 units. Under Contract has DECREASED by -918 units. Sold units have INCREASED by +306 units. There are many reasons for the lack of closings in this market and it is outlined in this post. Short Sale Synopsis: Listings 1/15/2013: 801 Pending 1/15/2013: 9861 Closed December 2012: 1646 Short Sales Currently Account for: 18% of All Las Vegas Valley Listings 47% 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 Areas Do You Cover for your Las Vegas Area Real Esta... 02/07/2013

Las Vegas HUD Homes   Click to view the MLS Listing of this Las Vegas HUD Home on 3910 Gramercy North Las Vegas NV. A fantastic single story Las Vegas HUD Home sitting on an ideal location, the lot size of this property is 6362 sq ft and the house size is approximately 1,611 sq ft. It was built in the year 1997. This beautiful home has three bedrooms, two baths, and three attached car garages. It features an open floor plan and vaulted ceilings. The elegant kitchen has tile countertops which completes the look of a modern kitchen. Other nice features of this home are the rear lawn and covered patio. It never takes long for a best priced home to find a new owner so do not miss this golden chance. This special Las Vegas home is currently listed at $80, 000 and comes with an annual tax of ... 06/18/2011