Real Estate Dirt Cheap

[vegasrocks]

I have read a lot about how the economy has hurt Las vegas a lot. As a matter of fact Vegas had been hit one of the worst out of all of the major cities in the United States.

That means that lots of jobs were lost because companies cannot afford to pay everybody, casinos, hotels, restaurants and other places that offer entertainment have been hurt because folks can't afford to spend money like they once had and the real estate market has been hurt as well.

Foreclosures plagued Las Vegas in a bad way. There are so many foreclosed homes sitting on the market right now in Las Vegas that they have had to drop their asking prices way down. Thats great news for potential buyers but not so great for the sellers.

Right now you can get a house in Las Vegas for practically a steal.

Do any of you own property in Las Vegas?