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Tag Archives: Vegas

Dead horse post: Vegas declined 10% from one year ago

26-Dec-11

Just to re-emphasize this is NOT the place you want to buy. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post

Vegas condos now selling for $50K

26-Dec-11

I’ve been sounding the alarm about the Vegas market for awhile now, using Detroit as an example of what can happen to a single industry town. ┬áVegas is, IMHO, particularily susceptible because the Reid-Goodman-Goodman triad is doing nothing to help the city, much less the state. ┬áThe market is almost assuredly going to continue to […]

Vegas housing market a fairy tale

26-Jun-11

The Vegas housing market is a fairy tale. The sales you see now are a matter of “belief” in spite of facts. If you buy, do so knowing you’ll see negative or no appreciation for 3 to 5 years; 2-3% appreciation at that point won’t even cover the initial closing costs. Bookmark on DeliciousDigg this […]