Thursday, August 19, 2010

Vegas Rental Market: 8-19-10 Update

From the Warkwick Beacon news feed from Wednesday, August 18, 2010:

Las Vegas Real Estate Trends - News reports indicate the economy in the U.S. has a lot of people tightening their belts. Industry and homeowners alike are having to endure these hard situations. Among the hardest hit it seems is the homeowner. This market has seen home foreclosures hitting all time high rates - a fact that has the common individual reevaluating their investing habits. Case in point: the Las Vegas real estate market has suffered, too, but short-sales and foreclosures are sky rocketing.

How does this affect you? If you're at all in the market for a Vegas rental, now is the time to consider this option for your next trip to Vegas. With homeowners struggling, you have leverage to negotiate rock bottom rental pricing, whether it's for a night...a week...a month...or longer. There's never been a better time to get into a Vegas rental.

- Vegas Rental HQ

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