[quote=briansd1]I just bought a house in Las Vegas. Prices there are going up. And it’s supposed to be one of the worse markets in the country.
Inventory is low and builders are increasing prices.
Prices may move sideways creating lower real inflation adjusted prices. But not lower.
A Euro crisis may cause a slowdown but likely not a recession in America. Rates wiould drop thus helping housing and spurring refinancing.
Remember that we’ve not had much building going on.[/quote]
briansd1,
How far is the property from the strip and how much can you rent a place like that out for? Thanks.
