The Las Vegas Real Estate Market is very active.
People feel this market has hit bottom, and is in recovery.
This combined with record low Interest rates,
is causing a buying frenzy.
We have seen a rise prices in the under $200,000 price range.
Our Listing Inventory has been moving from Foreclosures (REO) to Short Sales.
This is due to that fact that the Banks limit their liability when
Sellers voluntarily sign off on a Short Sales versus being Foreclosed on.
We can also see a strong trend of CASH buyers in the market.
Investors are making a great ROI in the LV Rental Market.
Interest Rates are Extremely Low.
In my opinion, This is being caused by pressure
from the Government to lower rates and spur the National Economy
These types of activities tend to occur during an Election Year.
