Las Vegas Real Estate on a Comeback
April 10, 2009 by admin
Filed under Positive Real Estate
Las Vegas real estate is enjoying a rebound as homes were increased year over year 2008:2007 by 38%.
Top Econ guru fro NAR LAwrence Yun said in a Las Vegas Sun article: “You have gone through some very tough times, but any further decline, if any, would be minimal,” Yun said of median prices that have fallen $138,000 over the past two years to a price of $150,000 in January. “Given $150,000 is very affordable for such a dynamic metropolitan region, once the economy recovers, you are in good shape. But it is just getting over the short term.”
Some are even predicting an appreciation in value in 2010.
