Las Vegas April 2013 stats

 3277 single family homes on the market today in the entire Vegas Valley, according to GLVAR, there were 3232 closed sales in the past 30 days. One months inventory creates an extreme inventory shortage. If you have a property to dispose of, 2013 appears to be your year. If you are adding to a portfolio, be patient and prepared to bid over list price. 7-15% cash on cash is still there if financing the purchase.

the rest of the post is here