Tag: foreclos

Viewing 1 - 3 out of 3 Blogs.

SAN FRANCISCO (DQNews) -- Las Vegas home sales rose above a year ago for the 11th consecutive month in July as investors and first-time buyers - including many making "cash" deals - continued to target lower-cost, post-foreclosure properties. The overall median sale price fell nearly 4% from June, marking a low point for the decade and ending a brief period in which that price gauge and others had held steady, a real estate information service reported. Nearly 70% of the Las Vegas homes and con... Read More

With the dollar expected to rise against foreign currencies later this year (that trend has already started), foreign investors are hurrying to purchase real estate in the US while their dollar goes further. Most of these investors are targeting the Las Vegas real estate market in particular, where the sharp decline in prices (due to the high amount of Las Vegas foreclosures) and the world class amenities have made it an attractive get-away destination. In particular, Canadian buyers are looking... Read More

I got GREAT news at the the latest Crystal Ball Seminar which was held on April 24th at the Texas Station! it looks like Las Vegas will be coming out of the housing slump sooner than predicted by national economists. Steve Bottfeld, consultant for Market Solutions and local real estate guru says that the current window of opportunity to pick up the deep discount Las Vegas foreclosures may be over as early as October of this year!!! As a matter of fact, our local MLS inventory... Read More