Quote:
Originally posted by venus
I cant see the property in vegas going up any more then it is. Its already at insane prices for this area.
My house sold 12 hours after it was listed - to a california investor, sight unseen.
Lived in it 2 years and made a $100,000 profit.
The prices in vegas is why I am moving to phoenix.
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I can see the trend shifting to luxury condos. People want properties that serve as vacation homes, or that don't need personal maintanance. Since I'm not a family man yet, I'm planning on grabbing one of these properties in an ideal location. I believe Vegas will keep growing for the next couple of years until it tops off like it has in LA. It has to, to stop these investors from stealing all of the homes that families want to buy. It's pretty bad when you have a list of 400 people fighting for 30 homes.
