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Real estate investors grabbed property at just about any cost during the real estate boom this past year, boosting prices 137 percent over 2000 levels, states USA Today's Noelle Knox... Additional Article Information: =============================== 243 Words; formatted to 65 Characters per Line Distribution Date and Time: 2006-08-09 11:12:00 Written By: Mark Felder Copyright: 2006, All Rights Reserved Contact Email: mailto:[EMAIL PROTECTED] For more free-reprint articles by Mark Felder, please visit: http://thePhantomWriters.com/free_content/d/index.shtml#Mark_Felder ============================================= Special Notice For Publishers and Webmasters: ============================================= TEXT Copy-and-Paste and HTML Copy-and-Paste Versions Of Article Are Available at: http://thePhantomWriters.com/free_content/db/f/las-vegas-real-estate.shtml#get_code If you use this article on your website or in your ezine, We Want To Know About It. Use the following URL to let us know where you have used this article, and we will include a link to your website on thePhantomWriters.com: http://thephantomwriters.com/notify.php?id=3306&p=load --------------------------------------------------------------------- Las Vegas Real Estate: High Stakes or High Gains? Copyright © 2006 Vasrue.com, All Rights Reserved Written by: Mark Felder biz_url Las Vegas Real Estate has certainly become a buyer's market in recent months, especially for condominiums. Real estate investors grabbed property at just about any cost during the real estate boom this past year, boosting prices 137 percent over 2000 levels, states USA Today's Noelle Knox. In fact, an astounding 60 percent of January through March property buyers took high-risk loans just to qualify, based on statistics gathered by LoanPerformance, a mortgage finance and securities risk management firm. While inflated home prices pushed real estate out of range for the average home buyer, Las Vegas condominium and single-family home contracts are now being cancelled left and right. Single-family sales plummeted 17 percent this spring and nearly 25 percent state-wide, compared to just six percent nationwide. Plus, there's a hefty seven-month supply of Las Vegas homes on the market. New construction homes, nearly half of all city-wide real estate sales, have flattened. This means, according to basic supply and demand, sellers are hard pressed to unload their property and buyers have a tremendous advantage. In this warm, desert city where 80 percent of condo owners are investors, home buyers can still purchase a comfortable two-story family home on about a half-acre of land for around $330,000. The median home is complete with 1,677 square feet of living space, three bedrooms and 2.5 baths. Whether you're looking to invest or settle into your first home, the Las Vegas real estate market is a strong option. --------------------------------------------------------------------- Copyright (c) 2006 Vasrue.com. All Rights Reserved. Mark Felder writes about Real Estate. For more great articles on this subject, come back to http://www.Vasrue.com. Articles are published weekly on Travel, Real-Estate, E-business, Credit and a host of other great topics. In an effort to support other webmasters, http://www.Vasrue.com is offering each article through RSS feed free of charge. Now newspapers, ezines, magazines and independent websites can effortlessly integrate fresh, captivating content in no time. Each article is available for PDF download, RSS feed or browser printing. --- END ARTICLE --- Get TEXT or HTML Copy-and-Paste Versions Of This Article at: http://thePhantomWriters.com/free_content/db/f/las-vegas-real-estate.shtml#get_code ..................................... 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