I find it so incredible that people cling to "Market Analysis Reports" that compare statistics to last year and forcast for the year ahead. Really? Do you want to ride that roller coaster? It's like trying to predict the stock market isn't it? Let's stick to true market facts from a "First Responder", ME. I cannot predict what is going to happen to property values next week, next month or next year but I can share my experience with what's happening right now and share the facts.
Fact #1: Las Vegas homes are less expensive to "BUY" than to "Rent".
Fact #2: Las Vegas homes are less expensive to "BUY" than to "Build".
Fact #3: Interest Rates are "INCREDIBLY LOW".
Fact #4: In Las Vegas we have more loan programs available than many other states because investors know our market is "UNDER VALUED".
Fact #5: Nevada does "NOT" have State Income Tax, Inheritance Tax, Gift Tax or Corporate Income Tax.
Fact #6: Buyer's are flocking to Las Vegas for 2nd Homes/Vacation Homes, Investment Properties and Relocation due to all the facts I stated above.
How do I know this? Because "I" am a First Responder, a Realtor in the current market of whom has never left. I currently have 8 escrows and on average actively showing 3-5 Pre-Approved Buyers homes every week. All I can tell you is from "My Experience" in the current market, Las Vegas is the place to buy.
