Browsing: las vegas rental market

Market Trends, News & Commentary

Dog Tunnel
There are plenty of mixed signals on the economy today. Each bad report is followed by something good only to be followed yet again by something negative. This is actually a good thing. It wasn’t that long ago that the news was almost universally bad. The mixed signals are actually a sign that things may really be improving.
The housing numbers for June were positive in terms of sales with new construction reporting a gain of 11% and re-sales posting a 4% increase. The flip side shows that prices were still falling. Some of these sales can certainly be attributed to the $8,000 first-time buyer tax credit, but they’re still sales. So we have the good and the bad, but it is nowhere near as ugly.

More Pain to Come