With 6,000 new residents each month, is the real estate market in Las Vegas really a gamble?

Experts would say no, that now is the time to buy in this area that continues to see opportunities for long term investors and homeowners alike. Although sales did slow in the winter months, prices are still up. Reports indicate that new home prices rose 3 percent over last February, bringing the new home price to $321,555. Resale values rose at only 1.4 percent, with an average price of $284,000.

But demand is "constant" in Sin City and interest rates remain at historic lows.

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