Beyond the glitz of ‘The Strip', Las Vegas has grown into a sophisticated city with a high number of affluent people moving to the area.
Those relocating are looking for the lifestyle. There are some incredibly beautiful suburban areas with some amazingly good private and public schools. The area has a lot to offer. Anybody who moves from California gets an automatic pay raise because there are no state taxes here. Las Vegas grow up into an amazingly sophisticated city with a tremendous number of affluent people moving here.
A lot of the negative press about the national market has contributed to a downturn in the market. Today is certainly one of the best times to buy or sell real estate in Las Vegas. While some speculators got caught up in the boom, prices have generally adjusted. It is very opportunistic market if clients can visualize selling a bit lower now and re-buying more advantageous property at a similarly lower price.
Las Vegas is going to become an international destination and the opportunities in this town-especially in the luxury markets-are the best anywhere in the world. What's most important when dealing with any affluent or celebrity clients is to respect his or her anonymity agents have represented some of the most affluent people in the world, who are savvy and refined.