Henderson Nevada Bank Owned Homes: Inventory Update, 06-13-09

By
Real Estate Agent with Keller Williams Realty The Marketplace NV License # 56750

Inventory levels of Henderson Nevada bank owned homes showed just a very slight decline since last week. Low list prices have attracted investors and first-time homebuyers, creating intense competition and enabling us to keep up with new inventory released by banks. If you're looking at Henderson REOs, be prepared to write offers on multiple properties and/or above list price. Here's the current inventory for Henderson homes:

 

Henderson Nevada REO Inventory, 06-13-09

  Total Listings REO Listings % REO Total Escrows REO Escrows % REO
Single Family 1560 230 14.7% 1464 489 33.4%
Condominium 248 72 29.0% 171 100 58.5%
Townhouse 146 39 26.7% 149 72 48.3%

 

Several neighborhoods have bank owned homes priced at pre-2000 levels. Today's Henderson real estate market offers great value for first-time buyers, vacation and second home buyers, regular buyers, and investors. However, with prices being so affordable, specific homes are only on the market for a short time -- so you need to act quickly.

If you'd like more info about Henderson bank owned homes or the Henderson real estate market, just give me a call at (702) 339-9700 or email me at JohnNovak@kw.com. I'm ready to go to work for you.

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Topic:
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Location:
Nevada Clark County
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Rainmaker
1,753,849
Gita Bantwal
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
RE/MAX Centre Realtors

This is good information for consumers in your area. Good luck.

June 14, 2009 06:13 AM
Rainmaker
588,963
Jim Hale
On the Move for You! - Eugene - Springfield Oregon Real Estate
ACTIONAGENTS.NET

15% of all single family are REO owned.  Those comprise one-third of all actual sales. 

What a sobering set of numbers.

June 15, 2009 12:00 AM
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John Novak

Henderson, Las Vegas and Summerlin Real Estate
Ask me about Henderson, Las Vegas, or Summerlin!
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Additional Information

News, statistics, and observations about the residential real estate market in southern Nevada, and my experiences and thoughts about being a REALTOR®.

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