Tuesday, May 30, 2006

It's a buyers' market in the Las Vegas Valley

Las Vegas SUN: It's a buyers' market in the Las Vegas Valley: "It's a buyers' market in the Las Vegas Valley

"Buyer's market" doesn't always mean exactly what the quote indicates. In the past, buyer's market typically signaled a great time to make a great deal, but with prices falling after record increases, how many buyers are sitting on the sidelines and waiting. Add to that rising interest rates and affordability issues, look for more downward price movement and upward rent pressure to get buyers off of the sidelines and into the game. With a record 18,467 resale houses and another 4,000 new homes up for sale along with another 6,000 condominiums that may soon be available after being converted from apartments. Click the link above for the full story from the Sun.


Blogger Spindrift said...

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3:21 AM  

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