All Forum Posts by: Ted Harris

Vegas has slowed some last couple months. # REO's for sale has diminished making short sales more active ... inventory still struggles to keep pace with demand for investment/starter homes.

As usual, spot on Jon!

Here's an article from today's Vegas paper commenting on prices as well as new construction vs foreclosures ....

http://www.lvrj.com/business/housing-analyst-sees-sales-uptick-99089194.html

Welcome to BP Nation Fred!!

Vegas prices (at least for the mid-to-low end homes) stablized last summer .... article below points that out. And like most everywhere else, folks concerned about departure of the tax credit and Vegas continues to lead the nation in foreclosures.

http://www.lvrj.com/business/las-vegas-home-sales-fall-11-percent-in-june-98048524.html

Welcome to BP Nation Chris - you've come to the right place for timely and profitable Real Estate investing advice!

Thanks Josh for providing this amazing forum!! :clap:

Welcome to BP Nation La Joyce!!

Greetings and Welcome to BP Nation Connie!!

Their basis for qualifying folks is so out-dated and at a minimum requires a major overhaul if not outright abolishing - just look at our current crisis for evidence of this.