December 2010

There are 2 blog entries for December 2010.

Las Vegas Case-Shiller Report for October 2010

Tuesday, December 28th, 2010 at 10:17am. 1165 Views, 0 Comments.

Home Prices in U.S. Cities Decrease more then Forecasted

Latest Case-Schiller report shows Las Vegas year over year median home prices decreased 3.57%, overall index decreased .08%. Chicago leads the way with a year over decrease of 6.48% followed by Atlanta with a 6.19% decrease.

Full Story at Bloomberg that you can Read Here.

 

The Case-Shiller index of property values fell 0.8 percent from October 2009, the biggest year-over-year decline since December 2009, the group said today in New York. The decrease exceeded the 0.2 percent drop projected by the median forecast of economists surveyed by Bloomberg News.

 

Really no surprise since most economists seem to always forget the impact of Government subsidies and their effect on the real estate market. …


Las Vegas Short Sales Report 12/19/10

Sunday, December 19th, 2010 at 6:06pm. 1578 Views, 1 Comments.

Las Vegas Homes for Sale Inventory Increases

Las Vegas Short Sales ReportFor 12/19/2010 - Inventory of Las Vegas area homes for sale in areas 101 through 606 on the Las Vegas MLS which includes Las Vegas, Henderson and North Las Vegas is now at 16,118. This number includes Single Family Homes, Condominiums, Townhomes, Manufactured Homes and Las Vegas High Rise Condominiums.

Las Vegas Short Sales for Sale

There are currently 7,951 Las Vegas area short sales available for sale or 49% of all the Las Vegas homes currently for sale are listed as Short Sales.

In Escrow

A total of 12,130 properties on the Las Vegas MLS are listed in Contingent or Pending Status. Of these 12,130 properties, 8,046 of them are classified as Short Sales or 66% of the properties in escrow.

Short Sales that closed…