Real Estate is Moving in Las Vegas

We have seen a strong upward trend in real estate over the past few months. Usually, as families head out for summer vacations, things slow down. But so far nothing is happening as usual: activity remains high and affordability is attracting buyers.

By May, existing home sales rose again with buyers motivated by tax credits, low interest rates and improved customer confidence. Home sales increased 7.6 % nationwide, an increase of 22.8 % over May of 2009. "Although inventory levels remain above normal and much of the gain last month was seasonal, the housing price correction appears to be essentially over," NAR's Lawrence Yun reports.

Home ownership continues its yearlong trend of remaining within reach of more households than it has for almost two decades. According to the National Association of Home Builders, companies are starting to hire new employees and the economy is beginning to rebound.

I am seeing that there is strong activity in turn-key homes. Investment and Fixer-uppers are popular right now. As a more savvy investor is picking up several Commercial and Residential properties a month. A novice investor (who has money and/or credit) can take advantage of this market and start building their investment portfolio.

To learn how to invest in property:


For more information please contact: Dawn Houlf (702) 236-6266 or www.sharebuildersinc.com

JUST ASK
Q: Where is everyone moving?

A: Americans are on the move. According to the Census Bureau, here are the top five new destinations:

1.Washington, D.C. The nation's capital topped the list, with an inbound move rate of 67.8%. According to the Census Bureau, the city's population growth rate nearly tripled between 2008 and 2009.
2.Oregon. Second most popular is the Pacific Northwest. Oregon had a 58.9% inbound move rate.
3.Arkansas. Arkansas ranked third on the list, with an inbound rate of 57.7%.
4.Nevada. For 18 years, Nevada had been the nation's fastest-growing state. Nevada ranked fourth in 2009, with an inbound move rate of 57.2%.
5.Wyoming. Wyoming held steady as the fifth highest inbound destination with a rate of 56.3%.