Market Overview

Las Vegas Real Estate Market Forecast 2012 Gains International Attention According to LasVegasRealEstate.org

Las Vegas homes for sale year end activity sets the stage for what could make Vegas the #1 city in America for 2012. LasVegasRealEstate.org reports diverse world-wide attention to purchase as the medium the home price starts at $122,000

Las Vegas, NV (PRWEB) January 03, 2012

Homes for sale in Las Vegas Nevada have become ground zero for savvy buyers and investors looking to rebuild real estate portfolios and lifestyle. CNNMoney, MarkeyWatch and Inman News have all ranked Las Vegas real estate in top 10 cities to invest in. Trulia price-to-rent ratio research confirmed by LasVegasRealEstate.org places Las Vegas homes for sale as #1 in America.

Ashley McCormick of Realty One, Nevada's number one Las Vegas real estate company, says buyers and investors are excited about the opportunity they are able to acquire for the money. McCormick notes that out-of-state clients compare the lifestyle Vegas offers for the money and are overly impressed by the amenities of Las Vegas. She also sites the increases in offers being written site-unseen on Las Vegas condos for sale by investors who live out-of-state but familiar with the area from previous visits.

Las Vegas consistently makes the Top 10 lists such as TripAdvisor.com "Food & Wine Destinations" and CNBC "Most Diverse Cities". Vegas is also becoming a popular choice for internet companies such as Zappos.com and was sited in the Top 10 cities for 4G wireless. USNews recently listed Las Vegas in the Top 10 "Sunniest Places to Retire" in which McCormick points out that there are four active-adult Sun City Las Vegas communities with homes starting as low as $100K.

Price of Las Vegas homes is currently the leading drive behind buyers and investors choosing Vegas notes McCormick. In the last 12-months over 50% of home purchases have been from all-cash buyers and investors. With ten of thousands of bank-owned repos still entering the market McCormick has established a toll free number at 1-888-920-2292 to meet the demand of site-unseen investors. Las Vegas homes for sale are searchable online with advanced map search and images at http:http://www.LasVegasRealEstate.org

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For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/1/prweb9073871.htm

 

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