Bryan Knight

The Knight Group Serving My Clients Like I Served My Country Current Las Vegas, NV Inventory Update As of: NOVEMBER 23rd, 2008 SFR Inventory: 17,162 Condo/Townhome Inventory: 4,653 Total Inventory: 21,815 Total Pending: 29.2% 6,374 Total Under Contract Last 30 Days: 15.3% 3,330 Total Vacant: 13,337 Total % Vacant: 61% Total Months of Inventory: 6.6 Short Sale Inventory 31.2% 6,802 Forclousure Inventory 33.5% 7,298

Total Vacant percentage is still rising. Two weeks ago it was at 60% not 61%. Last year it was at 45%.

Bryan Knight, REO Specialist in Las Vegas, NV 702-845-8435

The Knight Group Serving My Clients Like I Served My Country Current Las Vegas, NV Inventory Update As of: NOVEMBER 23rd, 2008 SFR Inventory: 17,162 Condo/Townhome Inventory: 4,653 Total Inventory: 21,815 Total Pending: 29.2% 6,374 Total Under Contract Last 30 Days: 15.3% 3,330 Total Vacant: 13,337 Total % Vacant: 61% Total Months of Inventory: 6.6 Short Sale Inventory 31.2% 6,802 Forclousure Inventory 33.5% 7,298

Total Vacant percentage is still rising. Two weeks ago it was at 60% not 61%. Last year it was at 45%.

Bryan Knight, REO Specialist in Las Vegas, NV 702-845-8435

The Knight Group Serving My Clients Like I Served My Country Current Las Vegas, NV Inventory Update As of: NOVEMBER 23rd, 2008 SFR Inventory: 17,162 Condo/Townhome Inventory: 4,653 Total Inventory: 21,815 Total Pending: 29.2% 6,374 Total Under Contract Last 30 Days: 15.3% 3,330 Total Vacant: 13,337 Total % Vacant: 61% Total Months of Inventory: 6.6 Short Sale Inventory 31.2% 6,802 Forclousure Inventory 33.5% 7,298

Total Vacant percentage is still rising. Two weeks ago it was at 60% not 61%. Last year it was at 45%.

Bryan Knight, REO Specialist in Las Vegas, NV 702-845-8435

So being an REO agent that sells properties directly from and for the banks, it is amazing me that tons of people are not jumping in and buying up all of these great deals that I see coming across my desk on a daily basis!!!! I can't believe that people are still sitting on the sidelines waiting................for what I don't know. This is called a buyer's market...............so BUY!!! It's not called a waiter's market.....or a wait and see market......or a sit on the fence market. Think about it. You never want to do what the "herd" is doing. Right now the "herd" is all sitting on the fence, listening to the media and being scared to buy. I'm seeing the truly savvy investors back in the market snapping up properties left and right. Why do the masses wait until it's too late to get in and the best deals to get back into the market with the rest of the masses!!! Right now there's very little competition on the properties, but you'll wait until everybody wants to buy real estate again before you feel "comfortable" enough to jump back in the market and by again. Then those very same people are competing with you and bidding up the prices!!!

Millionaire make their money by going against what the masses do. When the media says don't buy.......BUY. When the media is saying it's time to buy.........that's went you DON'T want to buy because EVERYBODY is going to be trying to buy!!!! That's when you want to sell!!!!

This isn't rocket science. If you're interested in picking up some great deals in Las Vegas real estate or real estate anywhere around the country (we have a network or real estate professionals all across the country that we can connect you with) then give us a call at 1-800-977-0959

Bryan Knight, REO investment specialist in Las Vegas, NV 702-845-8435

The Knight Group
Serving My Clients Like I Served My Country
Current Las Vegas, NV Inventory Update
As of: NOVEMBER 13th, 2008
SFR Inventory:								17,083
Condo/Townhome Inventory:								4,593
Total Inventory:								21,676
Total Pending:							29.6%	6,409
Total Under Contract Last 30 Days:							15.6%	3,375
Total Vacant:								13,129
Total % Vacant:								61%
Total Months of Inventory:								6.4
Short Sale Inventory							31.0%	6,718
Foreclosure Inventory							32.9%	7,127

Still shocked at the vacancy rate being above 60%. There are so many opportunities to buy some great pieces of real estate in Las Vegas right now. If you aren't buying, you're missing out on the greatest opportunity to invest in real estate that we'll see in the next 50 plus years!!!

Bryan Knight, REO Specialist in Las Vegas, NV 702-845-8435