Comments on: No Parachute? http://timkuptz.wordpress.com/2008/01/09/no-parachute/ Las Vegas Real Estate Statistics and News Fri, 13 Nov 2009 01:46:37 +0000 http://wordpress.com/ hourly 1 By: Bridget Magnus » It’s time http://timkuptz.wordpress.com/2008/01/09/no-parachute/#comment-9 Bridget Magnus » It’s time Sun, 13 Jan 2008 00:48:51 +0000 http://timkuptz.wordpress.com/2008/01/09/no-parachute/#comment-9 [...] even quite evident at the lower end of the market.  As a case in point,  here’s the latest Average Joe Median Price Index.  One thing that is not obvious from this summary is that the drop is on declining volume.  In [...] [...] even quite evident at the lower end of the market.  As a case in point,  here’s the latest Average Joe Median Price Index.  One thing that is not obvious from this summary is that the drop is on declining volume.  In [...]

]]> By: RobertLittle@REMAX.NET http://timkuptz.wordpress.com/2008/01/09/no-parachute/#comment-7 RobertLittle@REMAX.NET Fri, 11 Jan 2008 14:29:54 +0000 http://timkuptz.wordpress.com/2008/01/09/no-parachute/#comment-7 Great for the buyers, but not so great for the sellers. There are some great buying opportunities to be had in the coming months with the bank repos. When will the bottom hit who knows. In my opinion it will happen sooner than most people think, with the over 285,000 jobs estimated to come to Las vegas in the next few years. The housing market is alot like the stock market, many people want to time the bottom, but wind up missing it becuase they are too afraid to get in. You don't win if you don't enter. Great for the buyers, but not so great for the sellers. There are some great buying opportunities to be had in the coming months with the bank repos. When will the bottom hit who knows. In my opinion it will happen sooner than most people think, with the over 285,000 jobs estimated to come to Las vegas in the next few years. The housing market is alot like the stock market, many people want to time the bottom, but wind up missing it becuase they are too afraid to get in. You don’t win if you don’t enter.

]]> By: Rebecca McKenna http://timkuptz.wordpress.com/2008/01/09/no-parachute/#comment-6 Rebecca McKenna Fri, 11 Jan 2008 13:48:23 +0000 http://timkuptz.wordpress.com/2008/01/09/no-parachute/#comment-6 The silver lining is the unbelievable investment opportunities in this market - at these prices investors can break even on rentals and the people who couldn't afford to buy can now realize that dream. As the #1 Growing City in America, thiis decline may not last long as we start employing the over 200,000 people to fill the new jobs over the next few years. There is over $40 Billiion in construction underway and the $7.8 billion dollar MGM City Center project will open in approximately 1+ year. As is customary they start hiring about 6 months prior to the opening! We may get off to a slow start in the beginning of 2008 but it is hard to imagine the #1 Growing City in the country will slow down for very long! The silver lining is the unbelievable investment opportunities in this market – at these prices investors can break even on rentals and the people who couldn’t afford to buy can now realize that dream. As the #1 Growing City in America, thiis decline may not last long as we start employing the over 200,000 people to fill the new jobs over the next few years. There is over $40 Billiion in construction underway and the $7.8 billion dollar MGM City Center project will open in approximately 1+ year. As is customary they start hiring about 6 months prior to the opening!

We may get off to a slow start in the beginning of 2008 but it is hard to imagine the #1 Growing City in the country will slow down for very long!

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