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

Vegas Real Estate Market Report October 2014

An increase in available homes on the market for sale should be a good thing for some buyers as it may give them a few more options, yet, some buyers still have been priced out of the market over this past few months and some are still having difficulty getting qualified to purchase a home in the Las Vegas area.

 

We are starting to see some sellers that priced their homes too high for the market do some price reductions to bring them in line with current buyer trends.  See my 5 Tips To Selling Your Home Las Vegas Home.

 

The amount of Las Vegas homes for sale that do not have contracts on them has increased to approx 8,923 homes. 

 

Of that approx 1,041 are Short Sales.  As you can see, even though prices have risen this past year, there are still homeowners that owe more on their home than it can sell for so they need to do a Short Sale.

 

There are approx 5,554 homes that already have contracts on them and are waiting to close escrow.

Approx 2,284 homes have sold in the past 30 days.

By:  Dawn Barrier

 LAS VEGAS REAL ESTATE LISTING AGENT DAWN BARRIER 702-812-4550

Real Estate Agent with Prominent Realty Group, LLC

Posted on October 14, 2014 at 7:03 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.