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Las Vegas Homes Blog

Las Vegas real estate blog with market conditions, news and availability of Las Vegas homes and condos as presented by RE/MAX Associates.

Wednesday, June 28, 2006

Growing Gap Between Prices & Incomes

According to recent polls the local real estate market fell seven places to #19 in the national rankings. Experts say the reasoning behind this is simple, there is a widening gap between Las Vegas home prices and incomes. Marcus & Millichap Real Estate Investment Brokerage

Company says that their firm has analyzed and ranked 42 national markets in the past 12 months and that with the returns the Las Vegas real estate market has been making it placed #19.

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