No good news for Las Vegas property values
Although the report could be worse, John Burns Real Estate Consulting says property values have not appreciated in recent years, and may soon decline according to a falling demand for single-family homes.
The news came out this week to various groans and mild dismay. Las Vegas had hoped to pull itself from the depths of its last depression, and had looked on track to reach some new highs. But those hopes may now be postponed.
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