Existing Homes Sales Stabalized

The Las Vegas market is catching its second wind. Early this year it seemed that the housing market was in trouble amidst housing bubble rumors. Now it seems with low mortgage interest rates and a steady economy that all the hubbub was for nothing. Looking at reports that were released by the National Association of Realtors earlier this week Las Vegas experts were ecstatic.

Existing home sales had stabilized at a sustainable pace in August. Meanwhile existing home prices showed an expected decline.