Las Vegas Real Estate Agent Dawn Barrier Homes For Sale eXp Realty(702) 812-4550
Dawn Barrier

Las Vegas Short Sales Dominating the Las Vegas real estate market ~ Las Vegas Real Estate News

Over the past 3 months more Las Vegas Short Sales have sold then bank owned foreclosures in the Las Vegas area.

It appears from the numbers that many banks are now wanting homeowners to do short sales instead of foreclosure because they have realized it will be more cost effective to them instead of going thru the whole foreclosure process and because the new Nevada foreclosure law law AB 284 has made lenders have all their “ducks” in row before filing anymore Notices of Default.

There are currenty about 4,400 homes for sale in the Las Vegas area, that are not under contract.

Of that, about 1,039 of them are Las Vegas Short Sales for sale.

Of the approx 12,871 homes pending with contracts on them of that 10,182 of them are Las Vegas Short Sales

Las Vegas continues to have low inventory, causing home prices to rise slightly over the past few months, but this may only be temporary and even with the slight rise, many Las Vegas homeowners are 40-50% underwater on their loans and home values may not increase to the boom time era for many, many years to come.  If you are thinking of selling your Las Vegas home,  Now could be the time!  Depending on how much you owe on your Las Vegas home, you maybe able to sell your home as an equity sale, but if you are still like many and you owe more on your mortgage than what the home can sell for then we can discuss listing it a short sale.

Call us to find out what your home could sell for in today’s market. (702) 812-4550

Avoiding Foreclosure in Las Vegas Do A Short Sale Call Now! (702) 812-4550

Just want to look at Las Vegas Homes for sale?  Go to http://www.AwesomeLasVegasHomes.com

Las Vegas Short Sales Dominating the Las Vegas real estate market ~ Las Vegas Real Estate News

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Any Stats are on Resale Single Family homes only per the GLVAR MLS as of this writing or as noted,covers the Las Vegas Valley, North Las Vegas, Henderson area or as noted.

All photography on this site are the property of Dawn Barrer unless otherwise noted and are protected by U.S. Copyright laws and are not allowed to be downloaded or reproduced in any way without written permission of Dawn Barrier.If you would like permission to use a photo please email Dawn

Short Sales Are Dominating the Las Vegas real estate market, Las Vegas Real Estate News,las vegas short sales, las vegas short sales agent, las vegas short sales specialist

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Posted on August 10, 2012 at 6:24 pm by Dawn Barrier

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    *All information is provided for informational purposes only and is Not legal advice, consult an attorney or financial expert for legal advice. This is general information and is not intended to provide advice on any specific question or transaction. Parties to any real estate transaction should seek competent legal and/or tax counsel to determine the legal, credit and tax consequences of buying or selling a home. The opinions expressed here represent my own & not those of my employer. Dawn Barrier will not be liable for any errors, ommissions, accuracy, validity, currentness, suitability, completeness or any losses, injuries or damages arising from its display or use. Listing your home for sale and attempting to do a Las Vegas Short Sale is a possible solution to avoiding foreclosure but not a guarantee that your lender won’t foreclose or pursue other means of collecting the unpaid debt between what you owe and what the home may sell for. Copyright © 2018-2008 Dawn Barrier. All Rights Reserved. Any Stats or Listings are per the GLVAR MLS as of this writing or as noted. All photography on this site are the property of Dawn Barrer unless otherwise noted and are protected by U.S. Copyright laws and are not allowed to be downloaded or reproduced in any way without written permission of Dawn Barrier. If you would like permission to use a photo please email Dawn.