Foreclosures up 66% in Las Vegas! Real Estate Market Update
The rising foreclosures are actually only because of the historically low number of bank foreclosures from 2021. Any market crash would require a large number of homes to hit the market and without massive foreclosures this is unlikely to happen in 2023. Also this has kept the real estate market in Las Vegas from going into a bubble.
Todd and Oana are Las Vegas real estate brokers and have sold over 3,000 foreclosures.