Real Estate Leading The Way

September 15, 2006 Posted In Economic News Market Conditions

NAR president Thomas M. Stevens has reported to the Senate subcommittee on Housing and Transportation and the Senate Subcommittee on Economic Policy recently, briefing them on the housing market for the past 5 years.

According to Stevens the housing market has been a steadfast leader in the U.S. economy. Evidence of this is shown in the Las Vegas market. Looking at the way Las Vegas real estate has adjusted and overcame economic difficulties shows how dependable the real estate market is in this country.