Las Vegas Real Estate is Affordable!

Who is really buying Las Vegas Real Estate today? We believe it is a mixture of savvy investors who believe the market has bottomed out and/or families who are getting great deals on homes, based on prices hitting lows not seen in 3-5 years or more.

Las Vegas Real Estate Market Position

We estimate approximately 20-40% of our recent real estate transactions are via savvy investors who know a good real estate deal when they find one! Perception is reality, many investors are crunching numbers and realizing they can get into cash positive investment deals with as little as 20% down on some properties - Las Vegas Real Estate is on Sale!

Financial Numbers Working for Investors

The numbers are clearly starting to work for some investors - meaning, some percentage believe the purchase price of a Las Vegas home has fallen low enough to substantiate their purchasing based on anticipated increase in value for 2-3 years out and/or their confidence in renting the property out for a high enough return to cover their mortgage costs.

The Wild Card in Las Vegas Real Estate

A "wild card" factor impacting real estate in our Las Vegas Real Estate Market is what perception banking and lending institutions have of the market and most importantly, how much or how far do they write they portfolio down.

Lending institutions are looking at carrying fixed costs on their books and the associated pain can be worse or better, depending on when they bite the bullet and lower the price on a Las Vegas REO Homes to stimulate interest in a sale via a consumer or a professional investor.

National Media Driving Negative Perception

Are times tough on a national basis right now? Absolutely. But, Las Vegas Real Estate is selling and things are not as bad here as you would think they are when you read national publications. Many of them do not have reporters on the ground here in Las Vegas and they are basing their reporting on what they think is happening in our market.

Las Vegas Real Estate is Fluid Market>

Stay tuned - we are in a fluid market, with lots of variables changing on a rapid basis. If you are curious about what you can buy right now in the Las Vegas Real Estate market please visit our Las Vegas Foreclosure and Real Estate Short Sale



John and Ruth Ahlbrand, Co-Founders of RE/MAX CENTRAL of Las Vegas

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8400 West Sahara Avenue
Las Vegas, NV 89117
Office: 702-360-2030
Fax: 702-360-5120

OR, 10220 West Charleston Blvd.
Las Vegas, NV 89135
Office: 702-940-9600
Fax: 702-940-9601
Call Toll Free: 800.346.5103 Affordable Las Vegas Real Estate