Market With Teeth

August 11, 2006 Posted In Condos Update Market Conditions

Which way will the Las Vegas real estate market go next? The market has calmed down after a whirlwind year.

At the begining of the year the market was being saturated by newly constructed homes and developers where working on many new condo projects.

Recently many reports of low mortgage interest rates had helped the market slip into a buyer’s market.

Many investors who began investing in the Las Vegas housing market in the past two years have had to eat thier investments due to the market change.