Equilibrium is the key word in this news article, which suggests that the local Nevada housing market is still in attempts to reach a place of stability. Housing indicators, such as homes for sale and purchases with cash, are easing closer to the "normal" mark, according to the Greater Las Vegas Association of Realtors.
Check out the article for housing statistics and some detailed market info:
http://www.reviewjournal.com/business/housing/las-vegas-housing-numbers-show-new-signs-stability-report-says
Source: REVIEWJOURNAL.com
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