Las Vegas Real Estate Blog

CnnMoney.com and Fortune Magazine have teamed up to offers us yet another sky-is-falling outlook on the real estate market entitled, “Welcome to the dead zone”. According to Fortune’s “on-the-ground reporting” in several of the nation’s hottest areas, contracts are being canceled, deals are drying up, and prices are starting to drop.

In a related article, “Hot home markets to cool down…how will your home fare?”, Fiserv Lending Solutions, a provider of mortgage and consumer lending services, forecasts that Las Vegas real estate will tumble 8.2 percent in 2006, the largest predicted fall among the 379 metro areas studied.

For more information, contact MillionSaverHomes.com a local Las Vegas real estate broker at 702.212.3513

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This entry was posted on Friday, May 5th, 2006 at 10:33 am and is filed under Las Vegas Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.