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