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2017-01-06 16:22:29
Looking at the 2017 Las Vegas Real Estate Market

Looking ahead at the 2017 Las Vegas Real Estate Market

  There is an Old Proverb or Saying that goes...
'You don't know where you're going until you know where you've been'
 With that in mind let's take a historical look back at the Las Vegas Real Estate Market 
in regards to Prices, Types of Sales and Interest Rates.
Image 1 - Tracks Average and Median Home Prices over the past 17 years
Image 2 - We have gone from Foreclosures to Short Sales and now a Traditional Market
Image 3 - A look at the in Interest Rates over the past 40 years
We can see that we have moved past the Housing Bubble into a nice recovery, Interest Rates are still at Historical lows and Foreclosures and Short Sales are a thing of the past.
In my opinion, the Las Vegas real Estate Market is going in the right direction.
We can expect another good year of equity growth.
 
 
 


 
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