The history of Las Vegas shows it will find a way to adapt and survive. Historically, Las Vegas is able to withstand the problems of the rest of the country. When people face hard economic times, they come here to get away from their problems. In the US, people are escape artists, and they deal with problems a little differently from the rest of the world.

It seems as the media are starting to recognize the positive movement of the Real Estate Market in Las Vegas... Their sensationalism is cooling off and facts are surfacing a decent picture of the real estate market

Like politics, all real estate is local, and lately there are visible improvements. According to Review Journal on- Jul. 17, 2008 - A REASON TO PUT ON A HAPPY FACE read more>>>

So, forthwith, here's some happy news.

"Las Vegas has posted a five-month string of declines in the average number of days homes spend on the local market. Home sales in the market increased for the sixth straight month in June.

The number of homes listed on the Greater Las Vegas Association of Realtors' Multiple Listing Service fell 1.1 percent year over year in June, to 23,388 units. The supply of resales on the local market dropped from about 18 months in early 2008 to 13.7 months in late June. Resales here rank at their most-affordable levels since 2002, with a median price of $225,000."

In other words Las Vegas Market may still be down but not out ... The market is turning around slowly... Tired of gloom and doom stories about the US real estate market? read more >>> http://www.happyrenews.com/

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