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Keywords: las vegas homes for sale housing market report foreclosure news
Added: September 9, 2008

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Author: makeaturner

Keywords: las vegas real estate news updates market report home [...]

Good news in the middle of the Choas.
Over the last few week we have experienced allot and we have certainty heard allot. Banks failing, Wall Street Down dramatically ect. People across the nation have suffered great loses and tremendous stresses in their business and family lives. There are all kinds of things being said on [...]

The Las Vegas property auctions keep on coming! If you are interested in attending property auctions in the Las Vegas valley, you can subscribe to our blog or call 702-493-8033. Las Vegas real estate auctions have been getting a lot of press lately, the Lake Las Vegas auction held earlier this month was even mentioned [...]

With so many properties falling into foreclosure, real estate prices have dropped significantly in the Las Vegas real estate market. Homes that sold for $600,000 just a couple of years ago are now selling for $250,000. Not every home listed is a bargain, though. Many homes that have been foreclosed on have been damaged by [...]

If you haven't been keeping up on real estate news in the Las Vegas valley, there have been several developers that have filed bankruptcy. Most of the projects involved were nothing more than a plot of land or the shell of a building, but not all. Lake Las Vegas resort filed some time ago and [...]

Las Vegas is selling single family homes a little faster than we did in July. The number of contingent SFR contracts stands at 3809; the number in pending is 2630.
What is pending vis-a-vis contingent? Given the odd contract scenarios foisted upon innocent buyers by the investor-sellers, there is no difference in this context. Both mean [...]

Yes, there is chaos on Wall Street. Yes, it will no doubt affect the national economy.
The relevant question for this column is, “How will it effect the Las Vegas economy?”
Pending single family transactions are at the highest level of the whole year at 6466 today at 11:30 AM. That is up 143 over the August. [...]

Just a couple quick notes on the current state of Las Vegas repossessions for August.  A national analytics company , First American CoreLogic reports that ” The Q3 2008 Core Mortgage Risk Index (CMRI) has risen 12% above a year ago and increased for eleven of the last twelve quarters. The CMRI—which forecasts delinquency risk—is [...]

Here is the updated July 1 to July 31 2008 Single Family Closings graph including all the late postings by the procrastinators according to GLVAR data today. My magic number is 2516.
GLVAR could have a slightly different number when the official number is announced.
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So much for wondering when we would hit 2500.
.
Maybe it’s because Las [...]