[beach08]

Is the housing market really this bad is LV?
Singled out in a Baltimore Sun Paper Article on 07/26/07

Analysts said the trend could continue, particularly in areas of the country that have been hardest hit by job losses in general or seen a decline in speculation-driven construction, such as South Florida, parts of California and Las Vegas.

[olecapt]

Originally Posted by beach08

Is the housing market really this bad is LV?
Singled out in a Baltimore Sun Paper Article on 07/26/07

Analysts said the trend could continue, particularly in areas of the country that have been hardest hit by job losses in general or seen a decline in speculation-driven construction, such as South Florida, parts of California and Las Vegas.

Housing market in Vegas remains slow and steady. The national gurus are convinced that LV will have a large price break. The locals are convinced that it won't. So far the locals win hands down.

My view is a few percent decline during the remainder of this year...then we see what next year brings.

[AA702]

Vegas has a good economy unlike other parts of the country. The market is just correcting itself and all those people who have bought their homes to live in them and have made life in Vegas permanent. Most locals are not worried about it too much, I know I'm not because of am not going anyware. But if you are a buyer and you want to get a good deal on a home.. this is the time to buy from desperate sellers that are moving out of state or bad investments going into delinquencies.