Friday, February 17, 2006

Increase in Market Trends

According to Real Estate Market Reports the market trends for homes in and around Las Vegas and Lake Las Vegas are increasing. According to the report this is due to incredible job growth in the area. Housing hotspots are in the Summerlin South and Lake Las Vegas areas with single family homes producing the greatest activity on the market.

Records were set for the fifth consecutive year for existing single family homes sales. This is expected to continue in 2006 because of buyers taking advantage of historically low mortgage interest rates.

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