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Can you handle the truth about buying Las Vegas Real Estate?
If you follow the news, you’ve heard that Apple sold over 3 million iPads in the first four days of releasing their updated device. Just as a comparison, they sold 15 million in all of 2010 and just under 40 million more in 2011.
While the numbers are staggering, you may still believe you can walk into a store, give them $600 and get your iPad. The reality hits you as you approach an Apple store and see a wall of people waiting in line, standing three and four deep, trying to get close to a sales table.
The very opposite is true with Las Vegas real estate. There are no long lines forming outside homes for sale here. There are no visible signs of demand to give you a clue of what you’re up against. When someone tells you it’s hard to buy a home without competing against multiple offers and paying over list price, you’d certainly be skeptical.
After being bombarded with stories for years that Nevada is the number one state for foreclosures, most people are under the impression we’re lucky they’re here to buy. The headlines talk about low prices and people buying homes for $25,000.
That ... more

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