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Nothing new here. I did like Mayor Goodman's response, calling it a "blip." At least the Happy Mayor's doing his job. I'd like to add that it's slow in the $400 to $700 range because they are boring tract houses, nothing special. A few McMansions, but that's it.
Joy Gillen, 60, a casino supervisor, has had her home on the market for nearly a year and a half. She initially listed the home at $597,000 then $539,900 and since refused to budge, even though she paid only $291,000 for it five years ago.
"I never thought it would ever take so long to sell my house here -- the market was so hot," she said. "I could sell for a cheaper price, but I would shoot myself (financially)."
She would "shoot herself financially?" I wonder how many times she refinanced. It's funny and sad to hear so many people say, "I don't get it with so many people moving here..." Read any paper in virtually any market and it's the same story (just insert your city here). Where were they coming from?
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Lady Luck turns on Vegas real estate
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