Las Vegas Real Estate Market Update - 7/29/13

Las Vegas Real Estate CoachJulie Youngblood, shares the current real estate market update.  She does this every week on her website which also has free real estate scripts, tools you can use to build your business and other helpful real estate training.


As of today there are 4,642 homes in available status.  Of those, 290 are bank owned, 432 are short sales and 3,920 are regular equity sellers.


Last week we saw 818 go into escrow, or accept an offer.  Of those, 47 were bank owned, 222 were short sales and 549 were equity sellers.


There were 620 sold homes that closed escrow last week.  Of those, 51 were bank owned, 178 were short sales and 391 were equity.


Last week we saw 47 non-short sale and non-bank owned homes fail to sell, they expired.


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