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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.

Sunday, October 01, 2006

Appreciation Rates Dropping

There have been many scares recently related to the Las Vegas housing market.

The most recent has many local real estate experts worried about the slowing of appreciation rates. Across real estate markets nationwide, including the Las Vegas market, it appears that many home buyers are being scared out of the market.

Recently second quarter figures for the OFHEO show that average housing prices this month have dropped. This is good news for local home buyers if they are careful.

# posted by Las Vegas Homes Agent @ 9:34 AM 
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