Realty Times - Las Vegas, Nevada Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Nevada > Las Vegas
Aliante - Centennial Hills - Downtown Las Vegas - Green Valley Ranch - Henderson Valley - Lake Las Vegas - Lakes - Las Vegas Strip - MacDonald Highlands - Mountains Edge - North Las Vegas - Northwest Las Vegas - North Queensridge - Peccole Ranch - Red Rock Country Club - Rhodes Ranch - Roma Hills - Section 10 - Seven Hills - Siena - Silverado Ranch - South Queensridge - Spring Valley - Sun City - Ventana Canyon

Market Conditions Summary for Las Vegas, Nevada

Reported by

Brian J. Grady Broker
as of 1/23/2012:

SEE MY REAL ESTATE BLOG-WEB SITE FOR UP-TO-DATE INFO ON THE LAS VEGAS MARKET: WWW.VEGASHENDERSONHOMES.COM (search the MLS for FREE w/no registration required!) Distressed--short sales & bank repos-- properties account for about 70%... MORE->
About Brian J. Grady Broker

Reported by
Petra Reyes
as of 2/6/2011:

Market place is saturated with bank own property, and short sales. Increased number of homeowners no longer able to afford keeping their homes for two main reasons, significant decreased home values, and high rate unemployment. This present... MORE->

Reported by
Lisa Lundt
as of 1/7/2011:

It's time to review our real estate sales numbers from 2010 and think about what the new year will bring. A total of 39,667 single family houses, condominiums, townhouses and manufactured houses were sold in 2010. 18,226 were bank owned properties,... MORE->

Reported by
Las Vegas Real Estate Specialists
as of 4/28/2010:

We are now seeing less Las Vegas Foreclosures and an equal amount of short sales vs. "regular" (non short, non... MORE->

Reported by
Vegas Foreclosure Vulture
as of 1/24/2010:

The market is saturated with buyers...some frustrated because the inventory is down. Opportunities are to be found with patience. Recently i sold a Meridian that was once over $300k for $55k; ungraded in gated development walk to the strip 1/8th of... MORE->

Average Current Market Rating: 1.6 (5 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.4 (5 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Nevada > Las Vegas
Aliante - Centennial Hills - Downtown Las Vegas - Green Valley Ranch - Henderson Valley - Lake Las Vegas - Lakes - Las Vegas Strip - MacDonald Highlands - Mountains Edge - North Las Vegas - Northwest Las Vegas - North Queensridge - Peccole Ranch - Red Rock Country Club - Rhodes Ranch - Roma Hills - Section 10 - Seven Hills - Siena - Silverado Ranch - South Queensridge - Spring Valley - Sun City - Ventana Canyon

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.24%
1 Year Adj: 2.74%
(U.S. Weekly Averages)

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