What do you suppose is the shadow inventory size in Las Vegas right now in 2012?

Q: What do you suppose is the shadow inventory size in Las Vegas right now in 2012?   Answer: Let’s start here: There are still over 150,000 mortgages underwater in Las Vegas but how many are in default and yet … Continue reading

Las Vegas Supply of Homes for Sale begins to Dwindle

YES, IT’S A GOOD TIME TO SELL. Las Vegas Shadow Inventory begins to dwindle Single-family home inventory down to six-week supply. By Hubble Smith LAS VEGAS REVIEW-JOURNAL Posted: Apr. 10, 2012 | 2:02 a.m. The inventory of single-family homes available … Continue reading

Yale University Professor: Housing Recovery a Generation Away

Yale University Economics Professor Robert Shiller says a total recovery of the housing market may take a generation as new home sales falter and prices barely rise. VIDEO: http://www.usatoday.com/video/housing-recovery-a-generation-away/1582170849001 Find out if you might be eligible for any Cash for … Continue reading

Las Vegas New Homes Sales/Prices Gloomy

Via LAS VEGAS REVIEW-JOURNAL Posted: Feb. 21, 2012 | 2:01 a.m. Rising optimism among national home builders has yet to spread to Las Vegas, where new-home sales totaled just 216 in January, down from 237 in the same month a … Continue reading

Home Prices fall to 2002 Levels

NEW YORK (CNNMoney) — The housing market started the new year with a thud. Home prices dropped for the fifth consecutive month in January, reaching their lowest point since the end of 2002. The average home sold in that month … Continue reading