Its been awhile since we saw postive sales numbers in Las Vegas. After several months of decreasing home values the median price of units sold increased +.03% from April 2008 sales. The # of units sold also had significant changes. +12.9 from April and +29.2% over a year ago. One more intersting fact was that 39% of homes listed sold in < 30 days. Bank owned properties still dominate the sales figures, what happens when bank owned are gone?
If you are looking to buy a home under market nows the time. Good bank owned homes have multiple offers.