Short Sale News

The housing industry in Las Vegas continues to bounce back from the recession thanks to low interest rates and affordable home prices. The typical real estate market in Las Vegas is very fast-paced and competitive, so many realtors are happy to see this type of market returning because it can...

The number of home sales in San Diego County increased sharply in March following the typical trend of increased homes sales at the beginning of spring. Almost 20,000 new and existing homes and condos were sold in Southern California, which is almost a 3% increase year-over-year. This makes it the...

Many of Colorado’s legislators are getting tired of laws trying to change the state’s foreclosure process and that’s why House Bill 1156 was cut a few weeks ago. Even after hours of debate, most of the time in favor of the foreclosure bill, it was killed by legislators that believe...

It seems like just yesterday the housing market in the Denver area was a buyer’s market. Now, however, the story in some neighborhoods and price ranges is completely different. Many realtors are reporting that sellers are receiving multiple offers on their homes with some offers being above their asking price....

Housing inventory for single-family homes in the Las Vegas area continued to decrease in March, dropping down to below 5000 homes on inventory (not including contingent or sale pending homes). The supply would last about six-weeks if homes keep selling at the current rate. Last March there were a little...

After being almost a third of the way through the year it’s a good time to ask how the real estate market is really looking in San Diego County. Here are some numbers to help asses where the housing market is currently at. The average home price for an existing...

The current trend for single-family homes in Denver real estate is this: it’s a cash buyer’s market. Investors that are looking for a good deal and want to purchase an investment property often use cash and look towards distressed properties to get the kind of deals they are looking for....

Thanks to new laws that keep banks from foreclosing on homes, the Las Vegas short sale market is growing and there are indications that home prices may stabilize for the first time in five years. A short sale is when a bank allows the homeowner to sell the property for...

A tightening in the inventory of existing and bank-owned properties in Las Vegas has created an increase in sales for new properties. The number of foreclosures in Las Vegas has drastically decreased since the big banks settled with the government and promised to stop “robo-signing” foreclosure documents. Investors have been...

Something’s not quite right with the housing market in San Diego. An uncommon thing is happening throughout San Diego County: a monthly mortgage payment is now less than a rental payment on homes that are comparable to one another in size and value. Because taxes are included in a monthly...