Las Vegas Sun

October 24, 2014

Currently: 84° — Complete forecast | Log in

Sales Up, Prices Down

Sales Up, Prices Down

Viewing video requires the latest version of Adobe's Flash Player

Friday, Aug. 8, 2008 | 8:30 p.m.

Home sales reach their highest point in years, but there's still no end in sight to the downturn of the local real estate market. In Business talks with former Greater Las Vegas Association of Realtors President Linda Rheinberger.

Discussion: 1 comment so far…

Comments are moderated by Las Vegas Sun editors. Our goal is not to limit the discussion, but rather to elevate it. Comments should be relevant and contain no abusive language. Comments that are off-topic, vulgar, profane or include personal attacks will be removed. Full comments policy. Additionally, we now display comments from trusted commenters by default. Those wishing to become a trusted commenter need to verify their identity or sign in with Facebook Connect to tie their Facebook account to their Las Vegas Sun account. For more on this change, read our story about how it works and why we did it.

  1. You should probably cover more of what created the artificially high prices to begin with then interviewing somebody with no clue.

    Renting your home out and coming out of pocket $500+ plus a month because it's not worth what you owe on it as suggested in the video is stupid to say the least.

    And the rental market... quickly coming down as the wannabe investors that are buying up the foreclosures to put them back up for rent are now realizing that their "great deals" are not that great as prices continue to decline.

    Expect at least another 10% in declines for 2009.

Post a comment

Commenting requires registration.

Comments are moderated by Las Vegas Sun editors. Our goal is not to limit the discussion, but rather to elevate it. Comments should be relevant and contain no abusive language. Comments that are off-topic, vulgar, profane or include personal attacks will be removed. Full comments policy.

If you would like to submit your comment as a letter to the editor, you may submit it here.

More Video »