A big number of business owners in Las Vegas believes that 2011 will be a better year for the area economically. Some insisted that lowering foreclosure totals and investing in repo properties will help.
Repo home listing in Nevada offers huge numbers of low-priced properties. However, the new home market is reportedly showing signs of being able to compete.
The commercial real estate market of Las Vegas continues to struggle as the retail sector declines. A number of commercial premises remain vacant in the city.
Broker homes sold mostly for cash in Nevada in January. Cash buyers have reportedly become power players in the housing market of the state and the whole U.S.