Everything and everything is a cycle.

If you have purchased a Las Vegas property in the last couple of years, this cycle we are possibly going thru will bring a smile to your face.

As far back as 2010-2011, housing market from the seller's side has been quite bad, many short sale homes and inventory but not many buyers.

But since the beginning of 2012, the Las Vegas Housing Market has been smoking hot in terms of rising prices. Many factors contributes to this and if you are not studying the las vegas market, you will surely be surprised.

Latest figure from GLVAR shows 2013 May home prices has gone up over 32% as compared to 2012 in May.

There's a property on Rubino St in Las Vegas that was purchased on July 2012 for $122,000 and this past May 2013, a model that is the exact same square footage in the same subdivision was sold for $215,000!  and another one is for sale at $255,000!

There are countless cases we have researched like above. I wish I was the owner fo that Rubino property

Condo prices in May 2013 has gone up over 45% as compared to 2012 in May.

One of the unique attributes to a house is that our heart and emotion gets attached to it, that is a noble thing. However, at the end of the day, a home is an investment. When the conditions are ripe to reap the rewards of your decisions, letting it slip by sometimes can come and bite you. Check out all the folks that chose to keep their properties back in the mid 2006 when the housing market crashed. Everything is based on timing. The more information you get, the better choices you can make.

For a detail report on how much your Las Vegas home is worth and whether it's worthwhile to sell now, please call toll free 1-888-833-2693 ext 8095  it's a 24/7 pre-recorded message that will give you more information on how to go about purchasing a property in Las Vegas