Marketing Solutions has recently released reports that show that Las Vegas consumers have a lot to be happy about despite numerous reports saying the opposite.

Some analysts still say that Las Vegas is going to suffer a decline before the end of the year. Some analysts are also saying that the housing bubble will burst.

According to real estate consultant Steve Bottfield, this will not happen. Stats released by Marketing Solutions shows that there has been a 21.5% decline in new home building permits for the year.

Local home builders have not pulled a high number of new permits for the month of September, in fact new home permits are at there lowest numbers in 56 months.

Bottfield was noted as saying that when builders are not building new homes, the inventory must be adjusted downward.

# posted by Las Vegas Homes Agent @ 8:19 PM

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Saturday, November 18, 2006

Stats Show A Decline In New Home Permits