We recently wrapped up the last free short sale seminar of the year, and it has proven to be a huge success. It’s a win-win situation for all those involved in the undertaking, from the distressed homeowners looking for expert guidance, to the attorneys we have partnered with, and us the realtor. Since we started the seminar series early this year, we have helped many homeowners avoid foreclosure, save their credit and move on with their lives by conducting a successful short sale on their homes. We are proud to say that we are among the pioneers in short sale negotiation and through the years of doing it, we have managed to create a logical system that gives us a success rate of 90% – (please confirm this number).

If you are interested to join us or want to attend another seminar to hear firsthand what the best course of action is for you, please check our website for future seminar dates and to be notified when the next event in January 2012 is scheduled: www.NVShortSalesExperts.com. In the next coming weeks, we will share with you video highlights of previous seminars.

Below are some housing statistics that can be food for thought of why you shouldn’t wait to do something now. Could a short sale be your best recourse? Contact me today if you want a complimentary, no obligation consultation.

Las Vegas Short Sales Closing Escrow in the month of September on the Las Vegas MLS for areas 101 through 606 which includes North Las Vegas, Las Vegas and Henderson were reported at 1,005 closings.

Broken Down by Category:

Property Style

09/2011

09/2010

Change

Single Family Homes

796

864

-7.87%

Garden Style Condominiums

87

135

-35.56%

Townhomes

75

59

+27.12%

High Rise Condominiums

36

34

+5.88%

Multi-Family Properties

11

7

+57.14%

Total

1,005

1,099

-8.55%

 

Las Vegas Short Sales Currently Under Contract: Using the same criteria as above, there are currently a total of 8,668 properties in Las Vegas that currently are under contract and waiting for short sale approvals.

Types of Las Vegas Short Sales Under Contract:

Property Style

Number

Single Family Homes

6,945

Garden Style Condominiums

964

Townhomes

524

High Rise Condominiums

139

Multi-Family Properties

96

Total

8,668

 

Number of Las Vegas Area Short Sales Currently Available for Sale : As of 10/15/2011, there are 6,001 Las Vegas area short sales available for sale.

Style / Type

Number

Single Family Residential

5,132

Garden Style Condominiums

476

Townhomes

318

High Rise Condominiums

57

Multi-Family Residential (2 to 4 Units)

18

Total

6,001

There are a little under 13,000 Las Vegas area homes on the MLS that are currently available for sale so almost half of them are short sales.

If you want a custom CMA (Comparable Market Analysis), please contact us at 702-568-2530 or email dulciecrawford@gmail.com.