Great news for all current home owners. This was posted on May 7th in the Las Vegas Review Journal:
"The Greater Las Vegas Association of Realtors reported a median existing single-family home price of $167,000 in April, up 30.6 percent compared with April 2012. The median for condos and townhomes surged to $85,000, up 41.9 percent.
What is more, real estate data provider CoreLogic said Nevada led the nation in appreciation in March, with an annual price gain of 22.2 percent. That is more than double the 10.5 percent national increase. Following Nevada were California, 17.2 percent; Arizona, 16.8 percent; Idaho, 14.5 percent; and Oregon, 14.3 percent."