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Pending home sales eased against a deteriorating economic backdrop but remain in a stable range, according to the National Association of Realtors report just released this week.
Regionally, the Pending Home Sales Index, which is based on contracts signed for transactions that have not yet closed, rose approximately 17.4 percent in the Western US, while falling 14.1 percent in the Northeast, 6.8 percent in the Midwest, and 2.9 percent in the South…
Based on reports in today’s Las Vegas Review Journal some experts think the market may “be forming a bottom” which is “realtor speak” saying prices won’t erode much further. Which will in turn help to reinvigorate the Las Vegas Real Estate Market. Fast Facts:
We’ve said it before and we are saying it again. Las Vegas real estate is a great buy right now! Our price levels have dropped to levels of affordability not see in years, especially from the perspective of positive cash flow investing. Our rational: