Las Vegas and Henderson Homes and Real Estate

Trulia, the online real estate marketing website has been tracking prices in 15 key markets across the United States over the past year.  Las Vegas saw the largest decline in price cuts over all other markets.  Las Vegas saw a 54% decline in price cuts, leading such notable markets as San Diego and San Francisco.

Pete Flint, Trulia co-founder and CEO stated in the report, "with such a dramatic drop in home price reductions over the past year, we're beginning to see early signs of stabilization in the housing market on a national level, as well as locally in certain markets".

This is incredible news, as it shows that the rapid drop in home prices over the past two years may have aided Las Vegas in reaching its bottom more rapidly then many other markets across the country.  Everything happens faster in Las Vegas, and apparently our recovery may be closer than many have thought.  It may have been a painful couple of years for our residents, but at least we can start looking up again.