Las Vegas: 1. Home shortage in Las Vegas? Yes, for foreclosures Realtors say: "House hunters can't be as picky in Las Vegas today as they were a year ago, especially if they're looking for a bargain on a foreclosure home. There's actually a shortage of those homes, roughly one month's supply at current sales levels, local Realtors say." 2. Las Vegas Home sales, prices rise; inventory dips: "Sales of single-family homes in Las Vegas and their median price increased in February from the previous month, while the inventory of homes available for sale continued to decline, the Greater Las Vegas Association of Realtors reported Wednesday.
Foreclosure is the ultimate sign of housing distress and is probably the best indicator of a healthy or distressed real estate market. 2010 has averaged a monthly rate of 330,000 foreclosure filings and this is higher than the 329,... Read Post
The much anticipated bottom in real estate is here! It is time to rejoice people. Let us for a second forget about the 336,000 foreclosure filings last month and the 26,000,000 unemployed and underemployed Americans. The time to ... Read Post
AgentGenius - Real Estate News Unscripted for Realtors & Brokers Foreclosures- the bane of housing Foreclosures have been a drain on the housing sector for several years now and banks have been under fire by state and federal agenci... Read Post