Vegas Housing Market Could Be Among the First to Bounce Back

The housing and foreclosure slump across the nation has hit just about every state, but one of the cities most affected has been Las Vegas.

It's rare to go into any neighborhood around the valley and not see "foreclosed" or "for sale" signs scattered up and down the street, with many of the houses in disrepair.

Recent housing analyses, however, are predicting that the Las Vegas market may be among one of the first cities to bounce back from the crisis. Citing rising monthly sales, reasonable pricing, and continued new home building, analysts say that while we still may not have hit rock bottom just yet, it'll happen soon and the only place to go from there is up.

That may sound pessimistic, but it's good news to know that things could start turning around within the next year!

[image: respres]