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Has the Real Estate Market Finally Bottomed Out?

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.
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Shadow Housing Inventory: The Deception of the Foreclosure Numbers and the real REO Picture. A Case Study of Southern California Real Estate. How 40,000 Homes are Hidden From Public View by Banks.

Real Estate / Real Estate Industry News : Dr Housing Bubble (6 years ago)

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

Real estate trend – banks demolishing foreclosures rather than selling?

Real Estate / Real Estate Industry News : Agent Genius (4 years ago)

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

Why one investor bought land — instead of homes — during the housing bust

Business & Finance : Ezra Klein (5 months ago)

After the housing market tanked, real estate investors began snapping up foreclosures at bargain prices, betting they could rent them for a tidy profit and sell them when the market recovered. But not David Lichtenstein, 53. He went... Read Post

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