Related To Story
|
Report: Vegas Home Prices Yet To Hit Bottom
City Makes Top 10 List For Falling Prices In 2010
POSTED: 8:43 am PDT April 1,
2009
UPDATED: 9:23 am PDT April 1,
2009
Las Vegans looking for cheap houses can afford to be choosy. The market does not appear to have hit bottom.Prices will continue to fall in more than half of the largest U.S. cities through 2010, according to a report in Bloomberg, citing numbers from PMI Mortgage Insurance Company.Las Vegas is listed in the top 10 of cities with a 99 percent chance of lower prices next year. Half of the cities on that list are in the Western United States, including Phoenix, Los Angeles, Riverside and Santa Ana, Calif.
Copyright 2009 by KVVU.com. The Associated Press contributed to this report. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
