In greater Las Vegas Valley, commercial real estate lags residential real estate by one to one and half years. Residential pricing peaked in the mid 2005 and did not drop substantially until late 2006. Price drops accelerated sharply in late 2007 and are stabilizing in the 300,000 and lower price range as the luxury home [...]
Entries from August 1st, 2008
Las Vegas commercial real estate prices will decline appreciably in future
August 1st, 2008 · No Comments · Las Vegas Commercial Real Estate, Las Vegas Real Estate
Tags: Las Vegas commercial foreclosures·Las Vegas Commercial Real Estate·Las Vegas foreclosed commercial properties·residential real estate