Las Vegas properties.
Las Vegas saw a boom in housing complexes but now a days there seems to be no end to empty houses. In Vegas there is a surplus of approxiamatly 28,000 homes.
Nation wide however there seems to be about a million homes. This is not
a good thing. I worry that people will try and buy a bunch of properties to try and flip them.
Now may be the time to buy but it doesn't seem like the time to sell. I think that a wise investor will buy properties and fix them up. After all is
done sit on them for a bit.
The market has to turn at some point. I am praying that all will go well
and property will sell and sell for its true value or better. I am also reading that there have been houses torn down because they were too nice to leave standing. That folks is sad indeed but economically it was bound to happen. Thieves like empty houses are more than necessary.
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