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Expert Analyses of the following article:

HOME INVENTORY INCREASES IN MAY

Source: www.lvrj.com
Mark MariottiJune 17, 2008
Las Vegas Housing Parabola
Author: Mark Mariotti, CEO, Future Management Holdings Inc
With 45 percent of contingent sales identified as "short sales," or sales in which the lender will be required to accept less than the principal balance owed, we can't expect investor demand to grow. Investors currently have other more liquid and stable securities to place their bets, and these instruments are yielding strong cash-flows.
June 17, 2008
LAS VEGAS: The Recovery Begins!
Author: Steve Bottfeld, Principal, Marketing Solutions
May data for the Las Vegas housing market suggests that recovery is underway for the resale market.  Unfortunately, the data clearly points out that recovery does not yet extend into the new construction arena.

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