This Rhodes Ranch Area resale market report was generated on April 30, 2008 (graph on bottom):
Rental Market Report generated on April 30, 2008 (graph on top):
Median List Price for an area rental: $1250/month, Low: $795, High: $3500
Information from GLVAR is deemed reliable but not guaranteed.
Last Market Report Generated April 16, 2008
Click here to view past market report graphs and active rental, resale and new construction listings in the Rhodes Ranch Area
Includes: Apache Hills, Apache Springs (The Falls), Astoria Homes at Rhodes Ranch
(Independence), Canyon Trail, Huntington, Liberty @ Warm Springs, Maplewood, Rhodes
Ranch, Richmond@ Rhodes Ranch, Sierra Madre, Venezia, Vistana.
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.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2008 ActiveRain Corp. All Rights Reserved
Renee - what percentage of each month's closings are now REOs? It would be interesting to see that and to see that trend line.
Have there been enough REOs sold now that they are impacting appraisals on non-reo properties?
I am very impressed with your numbers...your market looks quite balanced; especially the amount of inventory!
Michael: for the entire market it is about 50% when only around 9% of the listings are REO. They are MAJORLY impacting appraisals since they have forced the market to move downward by about 20%.
Diane: It's getting there! YAY!