Wednesday, December 26, 2012 at 10:05AM Happy Day After Christmas!!! Here are the Stats for this week!
There are 3,709 Available. 389 are REO, 650 are Short Sale, 2,670 are Equity sales! WOW!!!
Last Week 484 went into escrow! 63 were REO, 220 were Short Sale, 201 were Equity!
Last Week 437 Closed escrow! 38 were REO, 183 were Short Sales and 216 were Equity!
Tuesday, December 11, 2012 at 10:12AM Here are the stats for today!!
Available:
3905 total: 362 REO, 765 Short Sale, 2778 Equity
Pending/Contingent Last Week:
876 total: 105 REO, 419 Short Sale, 352 Equity
Sold/Closed Escrow:
465 total: 39 REO, 197 Short Sale, 229 Equity
68 Homes Expired last week that were not short sale and not REO!
Monday, December 3, 2012 at 11:37AM Market Stats are ready! Here they are!
As of today there are 3,876 SFR homes available in Las Vegas/Henderson areas. Of those only 343 are REO's. 748 are Short Sales and 2,785 are Regular/Equity listings.
859 went into P or C status. Of those 116 are REO, 408 are Short Sales and 335 are Regular/Equity sales.
We had 704 close escrow last week, mainly due to month end! Of those only 84 were REO. 277 were Short Sales and 343 were Regular/Equity sales.
There were 120 Expired listing last week (non-REO, non-Short Sale). This number was high due to month end as well.
Let's look just at the REO's. Right now we only have about a 3 week supply of REO homes, that's about 2 weeks less than the overall inventory of the market. What does this tell us? What does this mean for your buyers? Well, as agents we KNOW.. we are dealing with it! Multiple offers, getting beat out, sales prices well over list. How do we help our clients see it without "teaching" them on an offer?
Easy, we use these numbers. Let the numbers do the talking!
If your Buyers are "low-balling" it's only because YOU haven't educated them enough. Time after time I hear this from agents I am coaching, "They just won't offer list, all they want to do is low ball." The only way to change this is to take responsibility and educate your buyers. The truth is, if they are motivated and in fact do want to buy, it's your job to help them understand the market. Here's the trick... you don't educate by TELLING them about the market. We educate by ASKING QUESTIONS that help them uncover and discover the market themselves.
Yeah, it's tricky. It takes time. It takes skill. It takes knowing when to ask.
Not sure how... what.... why.... when? Give me a call. Teaching agents the super-hero like skills needed to navigate effortlessly through any market is what I do.
Monday, November 19, 2012 at 9:43AM Here they are!!!
3,937 available SFR homes.
9% bank owned, 20% short sale, 71% other (equity, flippers, etc)
792 went into P,C status last week.
11% bank owned, 47% short sale, 42% other.
431 closed escrow last week.
9$ bank owned, 45% short sale, 46% other.
There were 51 Expired listings that were not short sale or bank owned.
At the current rate, if not one more home came on the market it would take us just under 5 weeks to sell all the current inventory!
Monday, November 5, 2012 at 10:38AM Here are those always exciting Market Stats for the Las Vegas area!
There are currently 3,945 SFR homes available. Of those: 9% are REO, 21% are Short Sale, 70% are Equity.
Last week 833 went into escrow! Of those: 14% were REO, 47% were Short Sale, 39% are Equity.
Last week 761 closed escrow! Of those: 12% were REO, 44% were Short Sale, 44% were Equity.
