Short Sales

May 15, 2013

5508 Big Sky Las Vegas NV 89149

 
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Bill Jenkins
Keller Williams Realty The marketplace
702-845-8540
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MLS#: 1346059
 
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Jan. 16, 2013

2012 LAS VEGAS HOUSING MARKET SHIFTED FROM FORECLOSURES TO SHORTSALES

During 2012, the Las Vegas real estate market fluctuated drastically. With the average price of a single-family home increasing close to 25 percent, real estate changes that hinged primarily on foreclosures shifted to short selling homes. Accounting for over 45 percent of sales in December 2012, short sales swept the …

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Oct. 14, 2012

Las Vegas Home Sales Rise

Throughout the month of September in Las Vegas, median home prices climbed to $140,000; that's up 13.5 percent from a year ago, according to the Greater Las Vegas Association of Realtors.

The housing market seems to have flipped focus from foreclosures to short sales; making short sales …

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Oct. 3, 2012

Do you need cash to buy homes in Henderson?

Henderson real estate prices have seen a 15 percent increase since this time last year. Some local experts are saying that may be due to investors snatching up all the properties before those with financing can get to them. Is there a shortage of affordable houses available in the greater …

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Sept. 28, 2012

Settlement Payments for Qualifying Homeowners Forced into Foreclosure

The numbers are high, but something like close to 67,000 Las Vegas and Nevada homeowners lost their homes to foreclosure between January 2008 and December 2011.  This information is relevant now more than ever, as qualifying Nevadans are now eligible for reimbursement checks of up to $2,000 …

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Posted in Short Sales
Aug. 8, 2012

LAS VEGAS HOME SALES SLOWED BY A TIGHT SUPPLY IN JULY

Prices edged up slightly from the previous month according to the Greater Las Vegas Association
of Realtors.

Realtors sold 2,890 single family homes during the month, a 10.1 percent decrease from June and
a 8.7 decrease from the same month a year ago.

The median price rose …

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July 12, 2012

LAS VEGAS HOME SELLERS HAVE THE EDGE AND RATE THE NUMBER 3 SELLER'S MARKET IN THE NATION

Home sellers are thriving in San Jose, San Francisco and Las Vegas, where price cuts are relatively uncommon and homes are sold often at or near their asking price according to a spokesman at Zillow.com.

On the other end of the spectrum, Chicago, Milwaukee and Cleveland are still buyer's …

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July 10, 2012

LAS VEGAS REALTORS GROUP SAYS HOME SALES DOWN IN JUNE

Home sales fell in June as the inventory of single family homes for sale continued to decline.

The median home price increased 5.9 percent from a year ago to $131,785, the fifth straight month of
rising prices. It's the highest median price since December 2010.

Single family …

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June 23, 2012

LAS VEGAS AND HENDERSON SHORT SALES NOW EXCEEDING FORECLOSURES

Maybe the banks are starting to figure it out. Instead of dealing with the legal challenges and expense of
foreclosures banks are now approving more short sales, or homes sold for less than the principal
mortgage balance.

According to David Brownell of Keller Williams Realty of Las Vegas, for the …

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June 14, 2012

NATIONAL INCREASE IN FORECLOSURE ACTION SEEN DURING MAY

Lenders initiated foreclosure proceedings against more U.S. homeowners in May, setting the stage
for increases in home repossessions and short sales - scenarios that could further weigh down
home sales in coming months.

Default or home auction notices were filed for the first time against 109,051 homes last month …

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