So.. I write up a pretty long and thoughtful blog post on Active Rain about current Las Vegas Real Estate market conditions...
Something happens while I go and look for some pictures to add to the post... my browser that has the AR post shuts down and now that post is Completely GONE!
Over an hour of work gone!!!! My Las Vegas Real Estate Wordpress blog automatically saves the post as a draft even if your computer crashes or you throw it across the room, out the window, run over it with a car, etc...
SO FRUSTRATING!!!
So... Here is a summary with some links that were part of the article...
Please help me write the rest of the blog post in the comments because I don't have the energy to re-write it all....
I'll take the best comments and insert them into this post with a link to your profile or website with your creative thoughts for helping out.
The number of Las Vegas foreclosures available for sale on the Las Vegas MLS has dropped dramatically from my last Las Vegas Foreclosure activity post and continues the decline for the second month in a row since I started tracking Las Vegas Foreclosures. Currently at 4,724.
Las Vegas Homes Currently in Contract - Huge buying Activity currently taking place.
Las Vegas Number 1 in Foreclosures - Foreclosure moratoriums delay foreclosure activity and creates a tsunami heading this way.. so be careful.
The decline of foreclosures and the increased buying activity could be a sign of the end of the free-fall in Las Vegas Home Values but due to the Help for Homeowners Program... market trackers looking at the big picture need to be very careful before making any predictions since the real estate market was tampered with.
Major cash is coming in and we were just outbidded on a Luxury Las Vegas Home by $100,000 over market value in my opinion.
C'est la vie because I did some research for my client and found out about a couple of future Bank Owned homes coming soon in the same neighborhood and in better locations within the community. I've already sent communication to the banks directly and my client has agreed to pay my commission so he can get the best deal possible. Sorry... tired of playing games with Kool-Aid drinkers who don't have a clue about the foreclosure moratoriums and want to bid up the prices like there are no other bank owned homes in Las Vegas on the way...
Perhaps the AR Gods can retrieve my post from some archives somewhere in the system and I can add some pictures to the post and finish it up..
Until then... just trying to make lemonade out of Lemons with the help of some creative AR members. ;)
Thanks!
(I'd add some pictures but then I might have to create a summary of this summary of my original blog post.)
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