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Thursday, April 13, 2006

Buying a House - MSN Real Estate

Buying a House - MSN Real Estate: "Las Vegas: What goes up must come down. Fortune lists Las Vegas dead last in its list of 100 metro markets for housing appreciation in the next two years, predicting a two-year combined decrease in housing values of nearly 13%. Local Market Monitor reported a 33% increase in appreciation between 2003 and 2004, and then a 14% increase by the third quarter of 2005, evidence that prices have begun to cool.
'Las Vegas is a very interesting market,' Winzer says. 'A lot of people moved in, but construction has kept up with the pace. For a long time until recently, I didn't consider it an overpriced market. I don't think the price increases will last. There's really not an inability to produce new homes out there if there is a demand for it.'" Latest new real estate sites still
being built are:Poway real estate
Del Mar real estate
La Jolla real estate

1 Comments:

La Jolla real estate said...

Good article!

11:09 AM

 

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