NV is still one of the hottest markets in the country

[Robert Adams]

NV is still one of the hottest markets in the country appreciating in the range of 7% to 13%. See below:

This map illustrates the top states for property appreciation rates year over year. Property appreciation is calculated based on repeat sales of the same properties, which can avoid the problem of trying to account for price differences in homes with varying characteristics. All states saw property appreciation in comparison to a year ago.

Eventually affordability will become an issue but for now the market is still thriving. No S.A.L.T. restrictions, no state income tax, very low property taxes, relatively low property values etc are all attracting buyers from across the country. 

What are your thoughts on the NV market? Vegas more specifically?