By: Wall Street Pit
March 13, 2013 at 10:32 AM EDT
Las Vegas: Builders See a Screaming Market
The price of medium density residential land in Las Vegas popped 19% in the 4th quarter, and prices have nearly doubled from a year ago, reports the LVRJ. Some 60% of the city’s homes may be underwater, but builders see a screaming market. Hubble Smith reports, “A surge in demand for new homes has created [...] View the full post at: Las Vegas: Builders See a Screaming Market Related posts: Home Builders Getting Squeezed Las Vegas Home Sales Increase by 85 Percent in March New-Home Sales Remain in Dire Straits
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