| When you compare this to metro areas like San | | | | high appreciations, it is safe to expect |
| Francisco or Los Angeles, where homes can | | | | some kind of growth if you look at the |
| cost upwards of $700,000+, you can see that | | | | profile of Las Vegas. Firstly, the housing |
| living in Las Vegas is still reasonable. | | | | in Las Vegas is in high demand because of the |
| Also, the appreciation rate will put more | | | | rapid growth of the city itself, mainly due |
| money in your pockets over the long-term. If | | | | to immigration, a growing economy, as well |
| you want to talk statistics, in 2005 real | | | | as a highly profitable tourist industry. If |
| estate in Las Vegas rose a whopping 28% in | | | | you are a real estate investor, you will be |
| value. If you owned your own home in Las | | | | happy to know that Las Vegas has extremely |
| Vegas then, you would be more than happy when | | | | low vacancy rates - you can sleep easy at |
| you received a new home appraisal. If this | | | | night knowing your investments will stay |
| trend were to continue, investors could | | | | rented. Also, there is no corporate or state |
| reasonably expect their home values to more | | | | income taxes, which makes for a perfect |
| than double in only 4 years. | | | | place for anyone and everyone to do |
| | | | business. It's easy to see why Las Vegas real |
| While the following years may not bring such | | | | estate is on the up! |