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About Las Vegas' Angel Point

Las Vegas, NV Area Short Sale December 2008 Inventory Update: Not Going Anywhere!

Renee Burrows - Las Vegas Real Estate -  (702-580-1783) www.ShackDiva.com: Real Estate Agent in Las Vegas, NV

Las Vegas Area Short Sales

The absorption rate for Las Vegas Valley Area Short Sales went up slightly for November 2008. Absorption still remains high and just slightly above the 2 year mark. Inventory has decreased sharply (-162 units). Pending units have decreased by -113 units. Solds have increased by +55 units. Absorption down 6 months but I do not believe the tide is turning.

There are many reasons for the lack of closings in this market and it is outlined in this post.

Short Sale Synopsis:

  • Listings 1/12/2008: 6580
  • Pending 1/12/2008: 1965
  • Closed December 2008: 302
  • Month's Inventory: 21.8 (=2.8 Years Inventory.)

Short Sales Currently Account for:

  • 31% of All Las Vegas Valley Listings
  • 10% of All Las Vegas Valley Sales

One thing you really need to consider when buying or selling short is to make sure the list agent is EXPERIENCED in this niche. These deals are hard to pull whether it is or is not an experienced agent.

Read here for the most current Las Vegas Area Short Sale Report.

Read here for last month's report on Las Vegas Area Short Sales.

Las Vegas NV Real Estate

If you need to sell your home via a short sale by a proven short sale expert, you can either fill out the form on this page or you can call 702-966-2494 and press option 0. If you would like to buy a short sale property you can call 702-966-2494 and press option 1 for a Realtor or option 3 for Financing Questions. Be sure to ask about down payment assistance (zero down/100% loans) for first time buyers through grants and bonds! Para español presione el cuatro

NV, Las Vegas: Angel Point Comps

03-22-08
Mary Warren
Mary Warren: Real Estate - Other in Las Vegas, NV

ANGEL POINT - LUXURY LIVING AT AN AFFORDABLE PRICE!angel

AP

APap

STATUSADDRESSLIST PRICESALE PRICEBDRMBATHSQ FEETLISTED SINCECLOSED*Original
ACTIVEDURANGO #115$170,000 *22101611/21/2006**184,950
ACTIVEDURANGO #204$157,500 *22118811/16/2007*PROBATE177,400
ACTIVEALTA #124$175,000 *2210167/13/2007*SHORT SALE181,900
ACTIVEDURANGO #123$170,000 *2210166/20/2007*SHORT SALE170,000
ACTIVEALTA #226$159,900 *22101611/16/2007**174,990
ACTIVEDURANGO #220$134,900 *2210168/24/2007*BANK OWN192,500
ACTIVEDURANGO #117$158,900 *2210167/18/2007**183,500
ACTIVEDURANGO #211$159,900 *2211881/16/2008*BANK OWN159,900
***********
SOLDALTA #113179,900*22118812/14/200611/14/2007
SOLDDURANGO #129169,900$169,900 2211883/2/20078/3/2007
SOLDDURANGO #224182,000$182,000 2211886/4/20077/31/2007
SOLDDURANGO #118185,900$176,100 2211888/28/20066/30/2007
SOLDDURANGO #122182,000182,00022101611/17/20065/30/2007
SOLDALTA #131184,370184,3702211883/15/20064/27/2007

Information is from the GLVAR MLS and is deemed reliable but not guaranteed.

Visit my listing in Angel Point by clicking here

Call or e-mail me with all your real estate needs!

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www.MaryW.com or www.MaryWarren.com

NV, Las Vegas: Angel Point Update (1-27-08)

01-27-08
Mary Warren
Mary Warren: Real Estate - Other in Las Vegas, NV
Angel Point signAngel Point is a charming condo complex with 144 units on the north west side of Las Vegas....centrally located it's a quick 'shot' down the I-95 to downtown Las Vegas and the Strip. Not interested in the Strip? There is plenty else to do....as golf courses abound, the Boca Park Shopping Center is just around the corner offering stores like the Pottery Barn, William Sonoma, Joseph Banks; Great eating close by....with P.F. Changs, The Melting Pot, Jason's Deli and Cheesecake Factory just to name a few!; The Suncoast and Rampart casinos are nearby with lots of opportunity to eat, gamble, relax with a massage, lay out in the sun; Many big name entertainers often perform there for a special treat! A 30 minute drive north on I-95 to take you to Mount Charleston...skiing, camping, hiking and more.

Angel Point is perfect for investors, second home buyers, first time home buyers, retirees, etc. They are a great buy for someone working close by at Boca Park....what a location!angel park

Seven units are currently for sale in Angel Point. If you have any questions on any of these please feel free to contact me using my contact info on the right hand side! If you would like to set up a viewing please let me know...I can arrange that for you to view the property. Lets find you a perfect place!

angel pointI specialize in Angel Point...and currently have one listed. You can see all the details on this specific unit by clicking here. It is a downstairs unit...in PRIMO condition. and although the unit is 10 years old the owner has only lived in it a couple of months out of each year. It is move-in ready, and priced to sell...you couldn't ask for a better location, with parking directly in front of the unit.

For all your Las Vegas Real Estate needs please be sure to call me.

STATUSADDRESSLIST PRICESALE PRICEBDRMBATHSQ FEETLISTED SINCECLOSEDOriginal
ACTIVE350 S DURANGO #115$170,000 *22101611/21/2006*184,950
ACTIVE350 S. DURANGO #204$164,900 *22118811/16/2007*PROBATE177,400
ACTIVE8450 W. ALTA #124$175,000 *2210167/13/2007*SHORT SALE181,900
ACTIVE350 S DURANGO #123$170,000 *2210166/20/2007*SHORT SALE170,000
ACTIVE8450 W. ALTA #226*$169,000 *22101611/16/2007*174,990
ACTIVE350 S. DURANGO #220$142,500 *2210168/24/2007*BANK OWN192,500
***********
SOLD8450 ALTA #113179,900*22118812/14/200611/14/2007
SOLD350 S DURANGO #129169,900$169,900 2211883/2/20078/3/2007
SOLD350 S DURANGO #224182,000$182,000 2211886/4/20077/31/2007
SOLD350 S DURANGO #118185,900$176,100 2211888/28/20066/30/2007
SOLD350 S DURANGO #122182,000182,00022101611/17/20065/30/2007
SOLD8450 ALTA #131184,370184,3702211883/15/20064/27/2007
SOLD350 S DURANGO #221189,990189,9002211881/15/20073/7/2007
SOLD8450 ALTA #218187,000180,0002211887/12/20062/26/2007
SOLD8450 ALTA #213179,900178,0002211882/15/20062/21/2007
SOLD8450 ALTA #211189,000179,00022101611/8/20051/2/2007

Figures are per the GLVAR MLS and are deemed reliable but not guaranteed.

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www.MaryW.com or www.MaryWarren.com