Las Vegas Real Estate May Numbers
A vital and thriving market has returned to Las Vegas. Prices have flattened and in many communities started back up. Foreclosures are fading into the background as banks find better and more cost-efficient ways to handle these liabilities. Short-Sales rise 2 and 3 times last year’s volumes and deals are getting done.
The numbers are encouraging. By many indicators Las Vegas real estate hit bottom late last year and now seems to be headed back up.
