of units sold in December. There is barely any standing inventory to close. We are experiencing a quick rise in resale pendings. New construction is starting to look better to buyers who are getting shut out in bidding wars in the resale market, yes I said that and it is happening!
I expect new construction statistics to look better and better every month
Las Vegas New Construction Units Sold:
Renee has over 20 years of negotiating, sales and marketing experience to bring to your Las Vegas, NV Real Estate transaction. Full time and dedicated to the Real Estate Profession.
Rhodes Ranch Area Active Listings/Sold/Rental Real Estate Market Reports Generated June 3, 2008
Las Vegas, NV Real Estate: Those Pendings are Still Marching Upward!
Zillow: Beating the Dead Horse
Las Vegas, NV April 2008 Rental Home Report
Rhodes Ranch Area Active Listings/Sold/Rental Real Estate Market Reports Generated May 13, 2008
Las Vegas, NV May 2008 High Rise Inventory Update: 3.6 years! (no change)
Las Vegas, NV April 2008 REO Inventory Update: A Seller's Market @ 4 Months Inventory
Las Vegas, NV Short Sale April 2008 Inventory Update: Absorption Dropped Slightly, 3.2 YEARS.
Rhodes Ranch Area Active Listings/Sold/Rental Real Estate Market Reports Generated April 30, 2008
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It sounds like your market is picking up - that's good to hear.
Georgina: Thanks for stopping by!