Las Vegas Real Estate Investing

Las Vegas Homes - News

I have a real good feeling about the future of the Real Estate Market in Las Vegas. I’m a Realtor that has been heavily involved in this market for the past nine years. I specialize in representing Buyers and I have noticed a dramatic increase in the amount of inquires our office is getting. Investors as well as first time home buyers are starting to “ get off the fence” and buy some of these great bargains that are available now. If you listen to most of the Media they will tell you that the “sky is falling” and we all are going to hell in a hand basket. Well, I’m here to tell you that the Las Vegas Market is coming back and you don’t have to take my word for it, I’ll prove it to you. Spend a few days touring this valley with us and our buyers and you will see the signs of the recovery. I shop around for my clients and look for the best values and areas for the price range they want to stay in. I have had several clients in the past few weeks find homes that they try to buy and are informed that there are multiple offers. I’m in the middle of an offer right now that the home has 7 offers above asking price. The key is that the asking price is very low. This home sold for 400k about 3 years ago, is highly upgraded and in an upscale area. 215k is the asking price and what a steel it is. Our client loves the home but does not want to get into a bidding war. My client made an offer of 225k and will walk away if it is not accepted. The point I want to make is; people are buying up these bargains and it’s only a matter of time before the tide turns. Even if the market continues to drop, most of our Buyers are looking at 3 to 5 years minimum for return on their investment. Most Realtors are not willing to go out on a limb and predict this market. If you do your homework and get one of the bargains on the market now, your investment will be a wise choice.

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