Bradley Ranch (Las Vegas, NV)
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
The Las Vegas Valley (includes Henderson & North Las Vegas) has seen some major market stabilization in the last year!  Absorption for August 2009 is a seller's market @ 2.8 months of inventory (slight rise from last month, seeing some micros inch up with inventory!)  Some micro-markets (ie,Foreclosures Bank Owned, REO) are extreme seller's markets where there is no mercy to the buyers, multiple offers are the norm!  Las Vegas Area Market Activity (Includes North Las Vegas, Henderson and Las Vegas) Listings (9/15/2009):  11018 (FOLKS THIS NUMBER DROPPED BELOW 11000 SINCE I PULLED STATS!)  Under Contract (9/15/2009):  14577 Sold August 2009:  3992 Month's Inventory:  2.8 Short Sales: 43% of Listings 12% of Sales REO (Foreclosures, Bank Owned:) 22% of Listings 72% of Sales The above brea...
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