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Entertainment capital of the world rebounding or is this the eye of the storm?
It is been six years since the September 2007 realization that Las Vegas banks were about to be taken over by the FDIC and this market was in for a hard fall. The past 18 months have been full of opportunities for many investors to get in with low prices and generate cash flows. So are we back on the path of butterfly kisses and rainbow dreams or are there more challenges to come? 2013 will definitely be the year that allows people who have been underwater and unable to move their portfolios to finally adjust and dispose of any
properties. We are currently very busy assisting clients who are repositioning their portfolios. The hedge funds continue to buy single-family homes for rent at break neck speed. These cash purchases continue to drive the market up as much as 5% over a two-week period. The current single-family home rental market continues to be fantastic. Correctly priced homes continue to rent speedily. Read more here
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