Tuesday, December 30, 2008
We paid top dollar for a house in the desert! What were we thinking?
Mood amongst US consumers worsens
House prices in Las Vegas fell 31.7% last year, beating the average for the 20 metropolitan areas surveyed which was a 18.04% fall. Of course we won't get a second year of house price crashes over here as we have sound fundamentals and a well placed economy.
Posted by orcusmaximus @ 08:32 PM (696 views)
2 thoughts on “We paid top dollar for a house in the desert! What were we thinking?”
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Dead Spider says:
“Overall, house prices for the 20 metropolitan areas in the survey fell 18.04% in the year to October, the largest drop since its inception in 2000. ”
Inception in 2000 ??
What kinda crap historical survey is this ??
mark says:
i am in vegas at the moment and the market is looking like it is picking up… the shops are certainly very busy, hotels are down a lot and the sales well if you want to spend money be careful, the old stock appears form the old warehouse and is put on sale racks… the decent stuff is not discounted…
make of that what you wish…
happy new year from usa