Investor Central

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Friday, April 12, 2013

Builders Snap up Pricier Land Parcels to Meet Thirst for New Homes

From the article: "Las Vegas is seeing “extraordinary market conditions” with a 90 percent increase in residential land prices from a year ago and 37 percent increase in total sales volume, a local land expert said... The spike in land values and acquisitions is largely attributable to improvement in the new-home market."

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