The absorption rate for Las Vegas Valley Area Short Sales appears to be swinging from a neutral market back to a buyer's market as fall approaches. Inventory has DECREASED by -110 units. Under Contract has INCREASED by +53 units. Sold units have DECREASED by -56 units. There are many reasons for the lack of closings in this market and it is outlined in this post. Short Sale Synopsis: Listings 10/15/2011: 5911 Pending 10/15/2011: 8487 Closed September 2011: 958 Short Sales Currently Account for: 47% of All Las Vegas Valley Listings 24% of All Las Vegas Valley Sales Read here for last month's report on Las Vegas Area Short Sales. Most Current Market Report For Short Sales Information About the Short Sale Process for Las Vegas Area Short Sale Buyers & Sellers What Areas Do You Cover for y... 10/30/2011

Welcome Home to Gated N Las Vegas Communities:  La Madre Square Townhomes La Madre Square Townhomes is a gated townhome community in North Las Vegas, near the corner of Camino Al Norte & La Madre.  Community Amenities include:  a playground. La Madre Square is close to many amenities - Restaurants, Shopping and Local Gaming (Cannery North). There are exactly 138 townhomes (all single stories) in La Madre Square ranging from 1006-1421 square feet.  Each townhome is attached to another by it's two car garage.  La Madre Square Townhomes were built in 2006 by DR Horton. View Larger Map 11/12/2009