Tuesday, June 26, 2012 at 4:02PM Here are the numbers this week!
3,749 homes available. 10% REO (bank owned), 26% Short Sale, 64% Equity.
Last Week 1,078 went into escrow! 20% REO, 47% Short Sale, 33% Equity.
Last Week 686 homes closed escrow! 31% REO, 33% Short Sale, 36% Equity.
Tuesday, May 29, 2012 at 2:30PM There are ONLY 3878 SFR homes available in Las Vegas/Henderson right now! Of that, 10% are Bank Owned, 27% are Short Sales, 63% are Equity Owned!
Last Week 958 went into escrow. Of those, 22% were Bank Owned, 48% were Short Sales and 30% were Equity Owned!
Last Week 622 Closed escrow. Of those, 30% were Bank Owned, 36% were Short Sales and 34% were Equity Owned.
For those agents who are calling Expireds, last week there were 45 that were not REO's or Short Sales!
Monday, May 21, 2012 at 10:25AM It's Market Stat-o-rama Time! These stats have single handedly helped me land an all cash investor this week! Knowing your numbers is KEY to educating your clients on this crazy market!!
Available:
3,968 Total! (YEEEEEEE-owzers!)
28% are Short Sales, 12% are Bank Owned, 60% are Equity
1,094 went into escrow last week!
44% are Short Sales, 23% are Bank Owned, 33% are Equity
580 closed escrow last week!
31% are Short Sales, 32% are Bank Owned, 37% are Equity!
Monday, May 14, 2012 at 10:51AM The Stats are in!
I switched it up a little bit. From now on, the stats will only reflect SFR. In other words, no condos, multi-family or land.
There are currently 4,048 homes available. 12% are Bank Owned (only 501). 27% are Short Sales and 61% are Equity Sellers.
Last week 899 went into escrow. 24% are Bank Owned. 44% are Short Sales and 32% are Equity Sellers.
Last week 548 homes closed escrow! 31% are Bank Owned. 33% are Short Sales and 36% are Equity Sellers.
Last week alone, 48 Equity Sellers Expired and fell off the market. This is an opportunity for agents!
Our market has gone from a healthy 6 month supply of homes just 6 months ago to this.... We have roughly a 1 month supply of property! Supply is low, demand is high!
Monday, May 7, 2012 at 12:18PM Are you ready for this?? Here they are!!
There are currently 5,105 homes available in the Las Vegas area!
30% are Short Sales
13% are REO
57% are Equity
Last week 1,444 properties accepted a contract and were taken off the market.
45% were Short Sales
27% were REO
28% were Equity
There were 865 homes that closed escrow! DONE DEAL!
31% were Short Sales
31% were REO
38% were Equity
It's crazy to even say, they are only 660 Bank Owned homes available on the market right now. With the current sales rate, we literally have a 1.7 week supply of REO's... it wasn't even 6 months ago that they were DOMINATING our market.
News you can use folks, now go educate some clients and get some deals on!
