"How about your City"? Are home prices inflated 10 20%?
The banks in Las Vegas
& Henderson Nevada are sitting on a HUGE inventory of homes,
approx between 20 - 30 thousand, give or take. The banks are so
greedy that they will slowly trickle these bank owned homes into
the market so they can get the best prices possible. In Spring of
2014 as the banks drop their homes into the market, they will have
very (low) price tags on them. Then investors along with home
buyers will swoop into Las Vegas & Henderson to start the
bidding wars again.
Vegas Bob remembers the market 2 years ago when homes were selling 20-30% over asking prices. The reason was, there would be about 50+ investors and home buyers bidding on the same bank owned homes. This pattern will be repeating once again in 2014.
Some HUGE investors came into Las Vegas and other cities across the country sitting at the tables with the banks. They would ask the banks what kind of a deal they can get if the investors purchased 10-20 homes ... (ALL CASH).
At this time 2-7-2014 home prices in Las Vegas Nevada continue to be inflated from 10-20%. And by late spring early summer of 2014 it's going to get worse.
My suggestion for any persons interested in purchasing (NOW) in Las Vegas & Henderson Nevada would be ... If you see a home you like, make an offer, see if the home owner or bank will come down on the price before it's to late.
Vegas Bob is in construction and the city of Las Vegas is going to "BOOM" again with construction, inflated home prices, etc.
THIS WILL BE A GREAT TIME FOR NEW HOME BUILDERS, CONSTRUCTION WORKERS AND REALTORS ;o)
Photographs & Videos by Robert (Vegas Bob) Swetz ©All rights reserved - All photographs for sale
If you are interested in Investment Properties in Las Vegas and the State of Nevada I can help you with all your needs.
Las Vegas continues to be a very fast growing city with some great opportunities for employment, retirement and much more. Las Vegas is surrounded by many other places & cities of interest like Lake Mead, Salt Lake City, Zion National Park, Arches National Park, Grand Canyon, Los Angeles, Laguna Beach, Huntington Beach, Monterey Bay, Carmel, San Francisco, Newport Beach, San Diego, Reno, Phoenix, Yosemite National Park, Lake Tahoe and more.
"Have a Wonderful Day"
Robert (Vegas Bob) Swetz