I really feel for my Las Vegas, Orlando, NY friends.

Right now high activity/interest spaces:Real Estate (lower interest rate) Stock Market (casinos are closed) Dogs (pounds in NY don't have any left) not crowded spacesus $$ very strong maybe buy property in Brazil. 

(Search area includes Las Vegas, North Las Vegas, Henderson, Lake Las Vegas, and Boulder City)

Las Vegas will be impacted significantly and the impact will likely last much longer.

I get daily hot sheets from numerous states were our teams bid at Trustee sales or Sheriff sales.Today the one I get in Vegas EVERY sale is postponed.of course this is going nationwide so all that inventory is going to get bottled up instead of hitting the market.Although foreclosures are way down .. still takes a lot of inventory off the market.. keeps listings from OREO brokers etc etc.And I suspect those in the NPN business's are going to have things pile up to

A disadvantage is high property taxes which as I understand is an issue in Illinois as wellGreg just because i am stuck in my townhouse here in Vegas with not a lot to do i thought I would respond LOL.having done business in Both states..

Had a few wholesalers I fund also lose deals when the local private money folks said nope dont think so going to stay in cash.Put a smokin deal in Vegas together yesterday.. so thats nice.  

Both at 5% seems a little low, but I am not familiar with the Las Vegas market, so that could be why.

Las Vegas is a world class destination- there are only so many apartments on the strip.

I said well we own it free and clear this is our price and they met it.. but they tried hard :)   So far its business as usual we nailed a smokin deal in Vegas on Friday.. right off of MLS big price drop and then we offered 5% lower than that all cash close as soon as escrow can get it done and as is where is.. we had our contractors through it the same day.. so speed and cash are going to work in this market as well.