Las Vegas Foreclosures- Great Time to Buy!
Posted by admin on July 24th, 2008
From 2002 to 2004 prices for homes in Las Vegas were low and properties cash flowed. Prices skyrocketed into 2006 and have since come back down between 30 – 50%. If you are a real estate investor investing in single family homes once again you can get positive cash flow in Las Vegas. If you are looking to buy as a first time buyer or owner occupant you can get a home for near 50% of what it was only 2 years ago. Las Vegas is now on sale.
Las Vegas has lead the nation in foreclosures for over a year now and the prices have come down to levels that we all can afford to buy.
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Maybe now is the time to make the dream of having house in Las Vegas come true.
However I hope this hard time for real estate will pass soon…
Yeah…I think now is the worst moment for real estste industry. I hope the rainbow after the storm will come soon.
For those of you that may be interested, I have just loaded a current Las Vegas market update.
Just go to my website:
www.GarrySellsLasVegas.com
“Click” on Las Vegas Market update.
It is true, NOW is a great time to buy, Inventory is way up and prices are down!
Call me if you have any specific questions about Selling or Buying a property.
What about FHA loans?
What about VA loans?
What about assistance programs for your down payment?
With the new “Bail out” issues, there are lots and lots of “Scams” outhere trying to get you money. Be carefull, be very, very carefull. Why would you want to pay someone to re-negotiate your loan when you can do it yourself?
Thank you for your information. I’ll visit your site to read more.