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Las Vegas Homes BlogLas Vegas real estate blog with market conditions, news and availability of Las Vegas homes and condos as presented by RE/MAX Associates. Friday, July 21, 2006Shortage Of Las Vegas Apartments
According to some local real estate experts the Las Vegas condos craze seems to be slowing down.
According to housing experts, the past two years has shown numerous apartment buildings transformed into Las Vegas condos and left Las Vegas with a shortage of apartments. Some say they can handle the shortage of apartments, others say with increasing land prices, increasing interest rates, and increasing rent rates, which the Las Vegas bubble will have to burst soon because the economy will not support itself. |
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