Real Estate in Las Vegas Nevada

2004 was a truly historic year for the Las Vegas real estate market. The early signs in 2005 point to another solid year as well. The very first thing to be said however, is that 2005 will be nothing like 2004 in terms of appreciation rates. It's entirely possible that there will never be another year like 2004 again in the history of Las Vegas real estate. This is not a bad thing. Unsustainable rates of growth and appreciation are inherently de-stabilizing for Las Vegas homes in the long run. A return to a more moderate pace is both healthy and helpful to the market for real estate in Las Vegas.