Momentum continues to build in 2011 as Las Vegas homes continue to be purchased aggressively and in large numbers. March clocked-in as a stellar month with sales of existing homes rising to the highest level in 17 months (5,114 closings). What is going on? It comes down to a simple choice; you can either believe all the doom and gloom about the Las Vegas economy and the Las Vegas real estate market or you can capitalize on a truly outstanding investment opportunity with significant long-term upside potential. Clearly, a good number of people are choosing the latter and doing it with gusto. How much gusto? Believe it or not, 40 to 50% of all residential transactions in Greater Las Vegas are executed on a cash basis. That's right, roughly half of all homes purchased (for over a year now) were straight cash deals. You can't get a stronger vote of confidence than that!
1 comment:
There are many types of property where people can invest money and can get best prices in future. If people don't know about real estate then they need to take experience for sometime.
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