Our very own Vegas69 seems to be smart and lucky at the same time! Having seemingly bought at the bottom of the real estate market! I just read that home prices in Las Vegas are up 24.9% (on an annual basis).
Way to go Todd!
I know that home sales in the greater Seattle area are just off the charts... multiple bids - homes selling for more than asking price - waivers of inspections and many all cash deals being done.
I had dinner last night with our broker here in Sun Valley who said sales had cooled here recently - and that they had "thought" things were going to really take off but that it had stalled. I would also say that the builders are begging for our business... all the while trying to post up a good front that they're "busy". They are "busy" but it's mostly because of a lack of qualified skilled craftsman which have moved from the area after such a long dry spell. Not necessarily because so many new homes are in the pipeline.
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