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For those who are saying to wait because Las Vegas real estate is trending down, isn't it feasible that at least some of the property out there has already been corrected to a price near its actual value? And the additional declines that ya'll are expecting to see over the next year will primarily be a result of stubborn sellers who are slowly backing off their listed prices and getting closer to where the builders are?
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http://www.cnbc.com/id/20907018
As of last month, 74% of homeowners don't think the value of their houses has gone down since last year.
"Is this a buyers market?"
http://www.businessweek.com/the_thre...s_a_buyer.html