“Buyers are Back”

A recent story in the RJ quoted a new research report from Credit Suisse that shows positive signs in the Las Vegas housing market:

“Buyers are back and looking for deals. Traffic levels improved during the summer…Real estate agents noted a growing sense of urgency among buyers to ‘buy while the price is low’ as inventory levels have been steady for several months and sales are starting to improve.”

Robin Camacho, a Las Vegas Realtor was quoted,

“I’m working with so many buyers, it’s unbelievable,” Camacho said. “It’s been tough getting offers accepted lately, even offers for well over list price. Right now, I’m working with at least seven or eight serious, well-qualified buyers — some strictly cash — at the same time, which is incredible, even in a good market.”

Read the full story here


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