Realtor99

    Good news in the middle of the Choas.

    Friday, October 10, 2008, 03:18 PM PST [General]

    Good news in the middle of the Choas.

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    Over the last few week we have experienced allot and we have certainty heard allot. Banks failing, Wall Street Down dramatically ect. People across the nation have suffered great loses and tremendous stresses in their business and family lives. There are all kinds of things being said on the news about Real Estate and foreclosures which is mostly a bunch of fearful depressing talk. Today I read an article that was quite reassuring and impressive that stated our single family home sales here in Las Vegas have increased dramatically from a year ago. To quote the article, which was in the Review Journal, "Local real estate transactions tracked through the MLS totaled nearly $642 million in September, up 1 percent from August and up 84.2 percent from a year ago. Nearly 68 percent of all single-family homes and 58.3 percent of condos and townhomes sold within 60 days." This indicates to me that there is a huge interest in the Las Vegas Real Estate markets from smart buyers who understand what opportunities are available to them in our current market. Times are tough and financing is much harder to obtain but the one thing that can't be ignored is the undeniable fact that the Las Vegas Real Estate market is experiencing enormous interest from savvy buyers. What I see happening in the next couple of months is prices dropping a little further and sales increasing even more, so get ready because thing will continue to improve. If you are considering purchasing any type of Real Estate in Las Vegas Click Here to insure you'll receive the best service possible.

     

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