Elaine and James Hansen

Elaine and James Hansen
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Friday, May 23, 2014

The Market is Always Changing... So where is it now?

 We have seen a lot of changes in the Las Vegas Real Estate Market.
And it is still changing now.

10 years ago we saw the market take off, "The Boom"
The economy took a turn for the worse and so did the Housing Market, "The Bust"
Foreclosures Properties dominated Home Sales.
Then Home Owners saw a way out in Short Sales.
Investors and Cash Buyers took advantage of Low Prices.
The Market has since started to recover and prices are again on the Rise.
Short Sales and Foreclosures are fading away.
Rising Prices have shrunk Investor Profits.

And Now...
Traditional Sales (Classic) are taking over the Market.
Development and Jobs are coming back.
People who loss their homes a few years back are Buying again.
Prices are rising at a reasonable rate.
 We are transitioning back to a more "Normal Market"









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