Las Vegas real estate blog with market conditions, news and availability of Las Vegas homes and condos as presented by RE/MAX Associates.
Many analysts are reiterating that there is no housing bubble. There are many predictions that the Las Vegas market is going to take a big hit this year. However there reports that disspell these rumors.
According to the National Association of Realtors real estate sells in Las Vegas are set to break records.
Analysts who say that the numbers aren't going to be as high as anticipated base it on the number of new home permits that were issued in September. New home permits were at the lowest amount issued in the last 56 months.
This has led many to believe Las Vegas is now considered a soft market because the housing invenory is checking itself. The end of the year is right around the corner and many consumers are waiting to see what kind of year Las Vegas had.
# posted by Las Vegas Homes Agent @ 8:17 PM
