Special offer

OOOPS, did someone say Las Vegas market is in a crisis?

By
Real Estate Agent with Summerlin, RE/MAX Excellence: . 702.321.9383

Of course Las Vegas is in trouble.  We have been for awhile.  How did any of us really think that prices could double and in price and remind forever?  How could we phat hum that the loans we were given were too good to be true?  We were in a whole different situation than rest of the country. 

Yes, people are losing their jobs, cars, homes and probably most everything they own.  Yes, families are sleeping in their cars.  Yes, that is disgusting.  I've been seeing this happen for years now, but the surprising part is it is hitting all facits of life. 

Kids are going to school hungry worrying about what they will have for dinner or whether they parents will be fighting again about what to do. It is a mess... How are these people going to be able to rent anything when their credit is junked and possibly one or both parents have lost their jobs.  I don't care what people say about Las Vegas being a transitiate state.  There are many great people that were born and raised here and who have move here from many parts of the world, Las Vegas is full of excellent people.. Hard working people. And we will survive and thrieve again.  

Las Vegans take pride in their homes and their families.  This mess will all come to an end soon.  I actually see things starting to rebound (a little)..