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Wednesday, April 16, 2014

Nevada Slowly Making Economic Comeback

After struggling through severe recession, Nevada experienced the fastest year-to-year growth of any state according to a new report from Wells Fargo Economics Group. The Nevada economy is bouncing back with fuel from rising employment, higher incomes, an increase in population, positive progress in tourism, and growth at UNLV.
Nevada housing is expected to steadily improve with continued gains in local home prices. Traditional buyers are also steadily returning to the market, although the Wells Fargo group notes that housing inventory will need to drop further before residential construction can really get itself going.


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