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Las Vegas Real Estate Rebounded 57% in 2 Years but Slow in Jan 2015

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Real Estate Agent with Gold Star Agent. DRE# 01235960

After the economy crashed, Las Vegas housing prices rebounded at one of the fastest rates nationally, raising fears of another bubble as investors gobbled up low-priced homes to turn into rentals.

But with investors now backing out, price-growth has cooled considerably.

Prices soared 57 percent in two years after bottoming out, rising from a median of $118,000 in January 2012 to $185,000 in January 2014 for single-family homes, according to the GLVAR READ MORE

http://vegasinc.com/business/real-estate/2015/feb/10/las-vegas-home-sales-drop-while-prices-creep-highe/

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