We thought it would be good to feature on of our Broker/Salesmen, Nick Nolf with some short facts on the Las Vegas Market, coupled with a short two minute video Nick just made with his five “takeaway” points about the Las Vegas Real Estate Market as of Summer 2008.
- We are seeing multiple offers on most deals, with an average of five bids per transaction -we do have buyer interest in our market.
- Investors are definitely back in the market, which underscores some positive market analysis trends we’ve seen in our market posted earlier this month via our Blog.
- Rental vacancies are decreasing, which is in turn starting to increase more investor interest in our market.
- Our drops in home pricing have increased the number of investment properties that are now generating positive cash flow for Las Vegas Real Estate Investors.
- First time home buyers are now moving back into the market – our “affordability” is enabling many families to buy their first home.
[youtube]http://youtube.com/watch?v=fVB72Y_pzHU[/youtube]
Please call Nick today at 877.360.2030 or visit our web site: Las Vegas Relocation to contact him electronically – you will be working with an experienced, market honed, well trained professional!
