Many consumers jumped on the Las Vegas housing bandwagon at the end of last year. The problem occurred when local homes started to appreciate by more than 50%.

Too many home owners then saturated the market trying to cash out on their homes. A housing bubble rumor started to circulate and the market stalled.

Now things are starting to look up. The market has shifted into a buyer's market and lower intertest rates and a booming economy are helping bring the market back under control.

# posted by Las Vegas Homes Agent @ 2:27 PM

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Wednesday, October 04, 2006

Where Is The Market Going?