ReleaseWire Connect

Back in the early 2,000’s, Las Vegas real estate was at its peak, this included sellers and buyers. When the economy crashed, Las Vegas homes that were newly built were left standing empty due to the housing chaos caught in the middle. Today, the real estate market is slowly changing across the United States, and it is showing that once again, Las Vegas is a popular location for an ideal residence and new homes are once again being bought and sold.

Home buyers, investors, get ready; the Las Vegas real estate is turning around. Matter of fact, there are reports that prices are steadily rising and continue to do so. The market is showing an increase since the beginning of the year at a significant rate since 2012. New homes, especially are popular, and they have had a 94% increase in sales. Foreclosures are slowing down, as numbers are showing a 63% decrease from 2007.

Las Vegas, it’s the town where no one sleeps and so much happens. Then, this great city was hit hard when the economy crashed back in 2007, but just like losing at slots, one can always come back for a win, and that is exactly what the Las Vegas real estate market is doing.

When it comes to Las Vegas real estate, numbers are rising for sales, and there are many homeowners who are turning to investors for short sales. This is not their first option, but since they owe more on their houses than they’re worth, it may be the best option.

The Las Vegas real estate market is becoming a popular market once again, as buyers are starting to show appeal for new homes and foreclosures. This is resulting in a disappearing inventory of properties. Prices are slowly increasing and investment companies are eyeing Las Vegas as a premier location again. Now, with that said, this can be a limited time adventure for buyers, so if a property is found, grab it up fast, advises Ashley McCormick of http://www.lasvegasrealestate.org.