"Las Vegas is more likely to be destroyed by fire and brimstone than have a collapse of housing prices," according with Don Foster Scoggins top rated appraisal in Las Vegas .
Don Foster Scoggins warns that Las Vegas real estate investors should expect a lower rate of appreciation (at least compared to the red-hot pace of the last two years). "But, this is not a collapse, it's just Las Vegas growing pains."
The past year was a tough one for the Las Vegas housing market. Home Builders Research says new home sales were down more than 45-percent for the year, compared with the boom in 2006. Existing home sales were just as weak. They were down almost 41-percent.
Consumers with good credit and money for a down payment are likely to find lower mortgage rates and therefore be in the market to shop for a home. There is a lot of competition. The best priced homes and the best looking homes are going to sell. Those who bought homes at the top of the market, have dropped a little because they were overpriced. But there are more homes on the market and more deals to be had.
"Mark your calendars, investors, home owners and anxious home sellers: the Las Vegas real estate market will rebound on March 31, 2008," predicts, Don Foster Scoggins, Nevada Certified General Real Estate Appraiser with AppraisersOfLasVegas.com, Las Vegas' number one appraisal firm as rated by: ‘In Business Las Vegas.'
Tom: It is easy. Go to their website: http://clustrmaps.com/getone.php and register your website (blog) address. http://clustrmaps.com/admin/register.php
They will send you the code.
Go to your "My Setting" and paste the code in your "Blog Description" not to -Blog Description Text-
That will do it!
RE: I am thinking about it Tom... Thank you
Michael: They all come and go... specially when it comes to reading the Christal Bowl. No threat here -:)