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Thursday, July 17, 2008

Happy News for Las Vegas High Rise Condos and Las Vegas Real Estate

Has hell frozen over? ... Do pigs fly? ... Is today that day?

I only ask this because there's a website out there that's actually reporting good news about the real estate market! The central message of Happy Real Estate News is that there are a number of very positive real estate markets throughout the United States right now, and by focusing on some good news every once in a while, we may help speed up market recovery in other sections of the country.

Despite the constant doom and gloom stories I read every day from local and national news sources, I'm starting to see some significant movement in both the stabilization of prices and the level of investor interest, (and, are you sitting down?) even here in Las Vegas. That's right - Las Vegas real estate is really starting to move again.

And I realize you're reading this and saying to yourself, "great, another real estate agent telling me to buy real estate" ... and that's understandable. But when you read from the Las Vegas Review Journal, a source of CONSTANT real estate naysaying of all sources, that "new home sales appear to have reached the bottom of the current down cycle", perhaps it's time to finally start taking a serious look at some pretty sweet investment opportunities right here in this world-renowned town.

The nature of Las Vegas is this: during bad times, Vegas will always make the first recovery compared to the rest of the country. Could that cold day in hell be today?

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