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Distressed--short sales & bank repos-- properties account for about 70% of single family homes for sale in Las Vegas.....looks like prices have bottomed out--finally!
Homes for sale in the upper-end of the market is still soft with some downward price trend very possible in 2012
The 2012 market is now stabilizing!.....the Vegas market's long term recovery is all tied into the recovery of jobs!
Short sales are becoming popular as they are closing faster than in past years!
Approximate Location Boundaries: All of S. Nevada/Clark County
About Brian J. Grady Broker :
Resident of Las Vegas For 26 years! Full-time Realtor for the last 23 years... Broker with Act 1 Realty.... Put my 22 years of experience to work for you!
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.