Nevada Real Estate - A Very Good Gamble!
When you think of Nevada, Las Vegas and gambling are the first
things to come to mind. In truth, Nevada real estate is a far
better bet than anything you'll find in a casino.
Nevada
Nevada is dominated by Las Vegas and no bolder statement could
exist for American ingenuity. Where else in the world can you
find a huge tourist attraction in the middle of an absolutely
sun scorched state? I would be willing to gamble a pretty penny
there is no other such place.
Centralized populations and heat characterize Nevada. There are
two primary cities, Las Vegas and Reno, in which ninety percent
of the population lives within 20 minutes. As to heat, Las Vegas
is as hot as Phoenix in the summer, but with so much more to do.
Still, if you have problems with heat, Nevada real estate may
not be for you.
Nevada Real Estate
Can you name the state with the greatest real estate
appreciation for the last 12 months? You might be surprised to
learn it is Nevada with over 28 percent appreciation. Think
about that for a minute. If the pace continues, the average home
in Nevada will double in value in less than four years! That is
truly an outstanding rate of return.
Although the rate of appreciation is amazing, Nevada real estate
is still reasonably priced. The average single-family home in
Las Vegas goes for $360,000. In Reno, the price jumps to a still
reasonable $440,000. Purchase a home in Nevada and you could
easily be looking at making $200,000 over the next two years.
Viva Las Vegas real estate!