In real estate, those who fell farthest are now soaring highest – VEGAS INC

After soaring fast and crashing hard, Las Vegas home values are recovering at one of the fastest rates nationally.But this market isnt alone: Several other cities that experienced housing bubbles and economic destruction when the bubble burst are also leading the pack in real estate recovery.In Sacramento, home values climbed 34 percent over the past year, the fastest rate among major metropolitan areas, according to housing data firm Zillow. Las Vegas came in second at 33 percent, followed by Riverside, Calif., at 32 percent.Nationally, home values climbed just 6 percent during the same period.

via In real estate, those who fell farthest are now soaring highest – VEGAS INC.

Advertisements