[quote=briansd1]. . . My prediction is that the summer buying spree will give way to a winter lull as out of town investors retreat for the year. We will see….[/quote]
brian, Thanksgiving week and the last week of the year are the BIGGEST weeks for “tourism” in Vegas, fueled MOSTLY by CA visitors. Since LV’s “bargain-basement RE prices” have been highly publicized all over the nation, I don’t see a “lull” in visitors or investors. Lake Mead is also a “snowbird” hangout and has many areas around it to park RV’s and store boats, replete with “landings” equipped with boat gas stations and mini-marts. The average boat towed there from out of state is about 36 ft long. The people towing all this stuff (incl an extra small car to go the city in) are mostly boomers with money. Lots of them will no doubt try to shop for a low-cost vacation home/condo in LV, Henderson or Boulder City.
Living in a $60K condo there (PT) with their extra Honda Civic parked (covered) in their pkg space and paying property taxes is far cheaper in the long run than gassing up an RV to tow toys there from Indiana for two RT’s per year.
All manner of “cigarette boats” and jetskis can be permanently stored at low cost at several points around the lake and in Henderson. Imagine Laughlin 30-fold. You, in a passenger vehicle, just don’t want to be on I-15 heading south (to SB, CA and beyond) on Columbus Day, Veteran’s Day or the Sunday after TK :=].
