America loves hyping snapshots, and all the news and pundit’s discussions of it are focused on such events of the moment. The problem is that a snapshot is a picture of a moment and misses the big picture and long term trends. Same hype resulted in the irrational exuberance of 2003-2005 in Las Vegas real [...]
Entries Tagged as 'sold'
Why Las Vegas real estate’s future in three to five years is so bright, you need to wear shades
January 24th, 2008 · 1 Comment · Las Vegas condos, Las Vegas homes
Tags: economy·Henderson·home·jobs·Las Vegas·Median·price·project·sold·statistics·Strip
Las Vegas median home price statistics, to believe or not to believe, that is the question
January 7th, 2008 · No Comments · Las Vegas condos, Las Vegas homes, Las Vegas Real Estate
The median and average Greater Las Vegas residential pricing and expert predictions which are built up on these numbers are akin to someone saying that the median or average price of food items in a Super WalMart are $3.45. What does that number tell you? Does it tell you what the price of a gallon [...]
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