Drop in median price paid per square foot

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1. By VegasRepos

   Sept. 22, 2008

   7:27 a.m.

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   The drop in the average price per square foot is amazing. For many homeowners the drop is certainly a very big negative however the silver lining to this cloud is that homes are once again very affordable and the issue of workers being priced out of the market is all but gone. In some areas homes can now be bought in the $70 per square foot range, well below replacement cost. For more speicific details see:

   http://www.VegasRepos.com

2. By RPJ

   Sept. 22, 2008

   7:45 a.m.

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   If we look at historical Vegas appreciation (3%) we're still way ahead of the game.