Yes, contrary to all the gloom & doom the media likes to blast out about Las Vegas, home sales are up for the 6th straight month. Inventory levels also continuing to remain stable.
A short blurb from the Las Vegas Review Journal.
Edited to add - A more detailed story from the RJ
You might also want to take a look at one of my posts from a short while back, about some of the media spin about the Las Vegas housing market.
Those truthful stories seem to be well hidden, and don't have the same attention getting clout as the 'shocking' headlines. It's why you need to look much closer at the local market and not rely on vague distant reports. No, of course the Las Vegas real estate hasn't 'recovered', and why there are still a number of excellent values to be had. All the more reason to be shopping now, while the selection is still there.
For just the hospitality industry, Wynn's Encore is hiring 5300, Station is hiring 1000, Cannery East 300 this year. Shortly into next year MGM's City Center is set to begin hiring 12,000+, and then Fontainebleau and M Resort, Boyd's Echelon Place and others after that. The largest commercial investment in Las Vegas history at over $30 billion will be bringing more changes, and jobs, in the near future.
If you are interested in relocating to Las Vegas or would like information on Las Vegas real estate, please email me firstname.lastname@example.org or call me at 702-354-8988. I look forward to hearing from you!