Market Exceeds Expectations

September 30, 2006 Posted In Economic News Finance Homes Update Market Conditions Real Estate News

Real estate in Las Vegas is seeming to be on pace to break 2005’s selling pace. Existing home sales have astounded local economists who thought this would be the year that real estate would drop off in sales.

There were many factors that helped that not happen. For one mortgage interest rates dropped to all time lows. That combined with that the national economy doing well and the stock market exceeding many experts expectations, there was no stopping the Las Vegas real estate market.

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