Below is a report published in the Daily Real Estate News showing that Nevada is among the top five states Americans are moving to. But statistics in January show that single family home listing inventory, which usually increases about 10% after the December holiday season, has actually DECREASED an additional 10% in the Las Vegas market. This means many prospective buyers are unable to purchase property in a timely fashion to accommodate their move, and they are deciding to rent while pursuing their housing search. This has spiked rental rates in the Valley, making ownership of investment property here even more desirable.
Found 3 blog entries for January 2013.
Unfortunately as of February 14, 2013, this promotion has been discontinued.
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Well, it's the first day of 2013, and the beginning of a new year of "statistics" for the national real estate market. I thought I would start this year out by posting an article from one of my Realtor buddies in Myrtle Beach, South Carolina at the Harrelson Group. We like to confer about changing market conditions nationally on a regular basis to gauge the overall level of consumer activity and confidence in the economic recovery. I asked Greg to write about the condo market in Myrtle Beach to see if there were any similarities with the Las Vegas market since both are considered "resort destinations."
We don't need to talk about what happened to the prices of condos that were purchased between 2005 - 2009. What we need to start talking about are the…