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Las Vegas Real Estate in 2010 will have a look and feel that is similar to 2009 in certain respects; here is a brief analysis coupled with projections for Las Vegas Real Estate:
1) Our inventory of Las Vegas Homes will be not be appreciatively different in 2010 than the end of 2009 – we started out in 2009 with 13 months of inventory and now we are down to 2.4 months of…
Our analysis of Las Vegas Foreclosure Market is like many others, it’s certainly in flux but as we look forward into 2010 we think we will see a similar number of Las Vegas Foreclosures as we saw in 2009.
No Las Vegas Foreclosure Tsunami!
We don’t foresee a flood of Las Vegas Foreclosures like others are predicting. It’s simply not in the best interest of our financial institutions to release a huge number of foreclosures,…
Las Vegas Home Sales increase for November by approximately 50% to 3,952 homes, driven by continued affordability and the investor tax credit. However, we just missed our monthly total of 4,000 Las Vegas Home sales that has held for seven months, but by less than 1%, which is not statistically meaningful.
We think the Las Vegas Home Sales increase that occurred last month underscores some of the healthy fundamentals that are driving Las…