Jan 9 2012

Las Vegas real estate and the dynamics of a lower priced housing market – With median home prices around $100,000 they now reflect the reality of a lower paying service sector economy. Foreclosures and short-sales make up over 70 percent of all sales activity.

Las Vegas is a case study in the limits of the housing bubble but also the reflection of a new economy driven by a demand for lower price real estate.  Wedged in the story of a collapsing real estate market is a new reality that many families are craving lower priced properties.  Few places in […]

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