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Friday, March 14, 2014

After Home-Price Surges, Analyst Says 2014 is ‘Tough Year to Call’

A panel of housing experts recently met at the Las Vegas Springs Preserve to discuss residential real estate in the year ahead.  Participants questioned why the LV Valley's housing recovery is taking so long, even with all the progress made in 2013.
Experts predict housing market numbers won't vary by much in the upcoming year, and are instead looking ahead to what's in store for 2015.  A few factors, including the valley's poor job market, are said to be holding back the housing market from larger gains.  Even so, not all is lost for 2013.  Experts say that new construction in master plan developments such as Inspirada and Cadence may add to sales and permitting activities, therefore helping to boost up the market.

See all the numbers at the following article:
http://www.reviewjournal.com/business/after-home-price-surges-analyst-says-2014-tough-year-call
Source: REVIEWJOURNAL.com

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