Highland Glen (Henderson, NV)
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Las Vegas Real Estate Inventory is still increasing RAPIDLY.  Against my predictions, we are still a seller's market yet flirting with stable market territory. This will afford more opportunities for buyers to have less competition when placing offers in homes. Las Vegas Area Market Activity (Includes North Las Vegas, Henderson and Las Vegas) Listings (2/15/2011):  15128 Under Contract (2/15/2011):  11814 Sold January 2011:  3080 Short Sales: 51% of Listings 28% of Sales REO (Foreclosures, Bank Owned:) 19% of Listings 51% of Sales In One Month:  Listings are DOWN -281 units, Contracted Listings UP +840 units, Sales are DOWN -776 units.  Close ratios are going lower because much of the pending inventory is short sales which requires LONGER close times.   DOWN PAYMENT ASSISTANCE HAS NOT ...
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Henderson, NV Real Estate Professionals