Maria Gudelis here and Wow – it is the last day of 2009 and as you can see…the Las Vegas real estate market really tanked even more than the 10 percent I indicated a while back!
What is happening now?
Well, there is a hot demand believe it or not for the affordable homes in nice areas of Las Vegas…even a bidding war on homes from $70,000 to $160,000 price range.
Homes in a higher price range…you might find good deals from the banks on bank owned properties…the only concern that could bring a further drop:
1. Banks are still holding onto a lot of inventory
2. So pick carefully, negotiate a great deal so you don’t lose out!
Cheers, Maria Gudelis
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Tags: Maria Gudelis, real estate
