Great example of how AB 284 has slowed the input of new foreclosures to the market. We had a short sale fall out. The buyer backed out. We put the home back on the market at noon. We had our first offer by 1 pm. and multiple offers by 4 pm. My phone did not stop ringing. We had this home on the market last year and had trouble getting any showings because it is in a rental restricted HOA. No investors allow only owner occupied buyers. Now I have agents begging me to help them get it for their clients. This is why SHORT SALES are the next wave of real estate. I think now is definitely the time to short sale if you are thinking about doing it.
From The Trenches on Las Vegas Real Estate Home Sales Market
