I really believe that we are at the bottom of Las Vegas real estate market. I think that prices will go up and the deals you can make now will be not available in 6-12 months. I just want to write it down somewhere so I can say later.. I said so:-). Or that you can prove me wrong (in case I am wrong). But honestly I cannot image that it can get better than what we see now.
1 BD condos - $30,000
2 BD condos - $40,000
3 BD SFR - $90,000-$110,000
I am only checking newer homes (with less requirements for maintenance) and west part of Las Vegas. I prefer west Las Vegas, but that is my personal choice as our office is located in west part of town.
By John Vanhara
Working in real estate since 2002. Real estate broker and mainly investor with real estate investments located in three states. E-mail

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