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Archive for February, 2014

postheadericon Las Vegas Market on the Rebound

Las Vegas Real Estate is Coming Back Strong

Las Vegas suffered a sharp decline in real estate values during the recent recession. Perhaps more than other areas do to the second largest employer in Las Vegas being the construction industry. When construction stopped, we lost 125,000 construction jobs!

Now it appears Las Vegas is coming back and in a big way! Residential real estate had a 26% gain in value for 2013. Commercial projects that were put on hold or abandoned have started up again. While prices are still not back to 2006 prices yet, the combination of low interest rates and renewed enthusiasm has created a great opportunity for those who want to invest in Las Vegas.

If you have been sitting on the sidelines waiting for things to get better, come and jump in, the water is fine!

Newest Hotel and Casino about to open. SLS

The beautiful SLS to open soon!

100 acre Summerlin Mall under construction.

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