Market Statistics Ending July 2012

The Las Vegas Real Estate Market is a bit confusing these days.

Inventory had been dropping and causing prices to rise.

Now Inventory is starting to creep up.

Prices that were on the rise due to the dropping Inventory, 

have now been dropping.

So what has changed?

That's what is so confusing.

Interest Rates are lower than ever. 

The Job Market is supposed to be improving.

When we figure it out, we will let you know.

          

Zillow posted their 2013 prediction.

Keep in mind this is an opinion.

I am predicting a better than 2% rise in Las Vegas Home Values in 2013.
Time will tell.