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May
20

Las Vegas High Rise Short Sale Market-Great Opportunities!

By LasVegasShortSales

The Las Vegas housing market isn’t as bad as you might think.  Though the overall price of homes is down from last year, the overall price is staying stable, DQ News reports.  In general, the re-sale market has been strong and is the key to the Las Vegas housing recovery, says Dennis Smith, the president of Home Builders Research.

An example of good news: March home sales in Las Vegas crossed a significant mark, topping 5,000 sales.  The following sentiment–quoted from Hubble Smith (Las Vegas RJ), quoting David Brownell (Keller Williams Realty)–bodes well for Las Vegas real estate:

“Everybody still has the mindset that the market is in the tank, but the market is as vibrant as it’s ever been.”

He continues:

“To cross the 5,000 mark in March is very significant. It’s huge. There are probably only a handful of months that cross 5,000. To have that in March, what does that mean for June and July? Maybe 5,500?”

The majority of sales has been of existing homes, so this good news doesn’t exclude most of the Las Vegas high rise market.

 

 

Kathryn Bovard is experienced with the often lengthy and sometimes stressful Las Vegas short sale process.   If you are contemplating a Las Vegas short sale, she can assist and navigate you through the entire process. Call Kathryn direct at 702-348-7191 to schedule a short sale consultation today.

Considering a Las Vegas Home purchase?  Search all Las Vegas Homes for Sale using our free, interactive map-based search.

 

Related posts:

  1. Now Is a Great Time to Buy a Home in Las Vegas
  2. Be a Genius in the Las Vegas Market
  3. Dos and Don’ts for Selling Your Home in the Las Vegas Real Estate Market

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