Real Estate Investor Concerns
RISMedia reported that chief economists in housing and financial industries are concerned about the number of investor-owned homes in Las Vegas. Nationwide investors accounted for about 23% of the new home loan originations. Las Vegas numbers closer to 35%.
Las Vegas runs above the national average both in investor and second-home purchases. Real estate markets that show more than a 20% appreciate rate over two years often attract investors. Las Vegas more than qualifies for the category. Read more here.
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