Foreclosure Market Still A Problem For Nevada
The foreclosure market continues to comprise the majority of all real estate sales in Nevada. In March, foreclosure resales rose to 57.3% of the entire Las Vegas resale market. 57.3% represents an increase from February of 2011 where foreclosure resales were 56.7%, still a higher increase from 55.5% from a year earlier. Short sales are […]
Las Vegas Home Sales Drop But Home Price Remains Stable
According to the latest report from MDA DataQuick, May marked the first time in 21 months that Las Vegas region home sales dropped below the year-ago level. A total of 4,386 new and re-sale houses and condos closed escrow in the Las Vegas-Paradise metro area, down 1.7 percent from April and 3.3 percent below last […]