Las Vegas Area Bank Owned Homes and Bank Owned Condominiums For Sale Trending Up

Thursday, July 29th, 2010 at 12:30pm. 146 Views, 2 Comments.

Las Vegas Area Bank Owned Properties Inventory Going Back Up

July 29 Inventory Report for Bank Owned Properties Shows Increase in Availability

Now that the First Time Homebuyers Tax Credit has expired and some certain Loan Servicers have gotten serious about Foreclosing on Las Vegas Home Owners, it appears that the inventory of Las Vegas Bank Owned Homes is trending back up in comparison to an Las Vegas REO Inventory Report Provided on April 14th, 2010.

Currently Listed as Bank Owned Homes available on the Las Vegas Multiple Listing Service:

07/29/2010 - 2,741 Las Vegas Bank Owned Homes for Sale. Includes Henderson Nevada Bank Owned Homes and North Las Vegas REO properties. Broken down by Property Type:

• 1,976 Single Family Homes
• 450 Condominiums
• 203 Townhomes
• 74…

Summerlin, Las Vegas Luxury Estate reduced over $5 Million

Monday, July 19th, 2010 at 11:22pm. 147 Views, 0 Comments.

Bank Owned Summerlin Estate in Las Vegas Reduced in Price by over $5,000,000.

Located in Tournament Hills Country Club in Summerlin, the former home of the CEO of the Dot.com busted Las Vegas based Purchase Pro has been reduced in price again to $3,950,000 that you can take a look at here:

Bank Owned Summerlin Estate for Sale

Bank Central & Trust Co. has owned this home since 05/04/2006 and was originally asking $9,200,000. Situated on over 1 acre, this 10,692 square foot home features Golf Course Frontage on the 4th hole of Tournament Players Club (TPC) Summerlin, Strip Views, Two Gyms and Seven Bedrooms.

(Membership in TPC Summerlin is not Automatically Included with a purchase of a home in Tournament Players Club.)

Currently, Annual Property Taxes are listed…

Las Vegas Bank Owned Homes Report for April of 2010

Wednesday, April 14th, 2010 at 2:28pm. 336 Views, 1 Comments.

Las Vegas Bank Owned Properties for Sale - April 2010

Quite a big difference on the amount of bank owned properties available for sale in comparison to back in March of 2009 when there were over 6,765 bank owned properties available in Las Vegas. As of 04/14/2010, there are a total of 1,341 bank owned properties available for sale in the Las Vegas area listed for sale on the Las Vegas MLS. This is for areas 101 through 606 which includes Henderson and North Las Vegas.

Breaking down the numbers:

Single Family, Low Rise Condos, Townhomes & Manufactured Homes = 1,281

• 992 Single Family Homes
• 189 Low Rise Condominiums (In buildings under 5 stories)
• 92 Townhomes
• 8 Manufactured Homes

Prices range from $4,900,000 for a 12,872 sq. ft. Luxury Estate in MacDonald…

Las Vegas Bank Owned Homes Report - Over 70% of all Las Vegas Sales YTD are Bank Owned Properties

Sunday, November 1st, 2009 at 11:42am. 607 Views, 0 Comments.

Las Vegas Bank Owned Homes for sale Report

Our latest check for Las Vegas Bank Owned Properties for Sale on the Las Vegas Multiple Listing Service (MLS) has shown a pretty significant drop from the beginning of 2009.

• 01/20/2009 = 7,750 Bank Owned Properties for sale
• 10/31/2009 = 2,037 Bank Owned Properties for Sale

Las Vegas Bank Owned Homes for Sale Report since 05/14/2007

A pretty significant drop of what there is to choose from out there.

Total Closings Year to Date:

• 38,058 - All Closings year to date on the Las Vegas MLS.
• 28,320 - Bank Owned Properties that have sold YTD on the Las Vegas MLS

These are all properties for areas 101 through 606 and includes the following types of properties: Single Family Homes, Condominiums, Townhomes, Manufactured Homes and…