Coldwell Banker Premier Realty

The economic crash earlier this decade has left many individuals and families timid about buying a home, when much of the data reveals that it is actually still a great time to buy a home in Las Vegas, NV. The fact that home values are not plummeting OR sky rocketing demonstrates a more stable market than what we have recently seen. Owning remains more attractive relative to renting in many Las Vegas locations, and interest rates are lower than we were accustomed to before the crash. Furthermore, with down ... read more
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Residential Investment in Las Vegas

Yields, why the boom and bust, gaming uptick
Posted by John McClelland on September 21, 2011 in  gaming revenue  las vegas residential investment  the housing bubble
  One of the reasons that we believe Las Vegas is a good place to acquire properties for a long-term hold is based on fundamental measures such as price-rent ratios and the level of pricing below the longer-term, pre-bubble trend. Currently the price-rent ratio is about 6. In addition, it is often less expensive to buy than it is to rent. Similarly, cap rates are elevated implying an undervalued situation or investor sentiment. I tend to think it is still undervalued even though it is oversupplied. We are sta... read more
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