Las Vegas Housing Inventory Keeps Dropping

by qnicholasc 10. April 2012 09:13


Housing inventory levels in Las Vegas have continued to drop consistently week after week since October 1, 2011.  Many believed that there would be a wave of foreclosures to hit the market with the "shadow inventory".  However banks seem to be rolling out many more programs in lieu of flooding the market with foreclosures.  More so banks are working with homeowners to prevent foreclosure.  For those who do not qualify for or want a loan modification the banks have been easier to work with in short selling their homes.  Check out the article in the Review Journal.  In many cases we are getting banks to not only accept the short sale, wave the deficiency judgment but also give the seller relocation funds.  If you are struggling with your mortgage or would just like to weigh your options contact us today for a confidential consultation.   Our services are free and at no time should you ever have to pay anyone to do a modification or short sale.  For more resources visit Foreclosure Alternatives or call us at 702-800-5744.


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