The competition between Las Vegas homebuilders to purchase residential land is stronger than it has been in quite a long time. This heavy demand for new homes in Las Vegas has created an unusual situation where bid prices are higher than their logical value. Click the article linked below for more details!
http://www.lvrj.com/business/demand-for-new-homes-driving-big-gain-in-las-vegas-land-prices-197182021.htmlSource: LVRJ.com
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