Yes, our market has got lots of lemons in the form of Foreclosed homes being sold – according the Greater Las Vegas Association of Realtors half of our home sales in March were Foreclosures or Short Sales. But, get past the negative media spin dear readers and realize we have one of the world’s greatest cities with a go/go entertainment/tourism/lifestyle economy that is already breathing life into our local market!
Part of our “lifestyle brand” as a destination city for millions of visitors also drives strong recognition around the world. Right now the dollar is historically low against virtually every currency around the globe, which makes our real estate a great buy for foreigners. So, when you combine great real estate deals with our wonderful city and interest from people all over the world you have liftoff on real estate sales.
We’ve got some great deals on foreclosures and many of these have multiple offers. So, come on out the great deals won’t last forever and we are serving Paul Newman’s Own Lemonade on every Foreclosure Bus Tour.
