My Blog

October 7th, 2007 9:39 PM

I feel like the only one out there screaming at the top of my lungs to BUY IN LAS VEGAS!  The Las Vegas media, not to mention the national media, has done a great job of scaring the hell out of everyone even considering buying a home.  Is it really necessary for the RJ to feature some "doom and gloom housing scenario" everday?  It seems so.  They can't get enough of it.  Nevertheless the opportunities we have today represent the BEST opportunity we have had in the past 4 years to get a home at an attractive interest rate AND a great price!  Take advantage of this buying opportunity.  If you are renting you can continue to pad the pockets of Camden Properties and the like or take advantage of the mortgage interest deduction AND get equity at the same time. 

People ask me everday have we reached the so-called "bottom"?  Heck I don't know and you know what?  Neither does any of the so-called experts that generate more sound bytes in a day than any of us can handle.  The reality is if you want a house in Las Vegas and CAN afford a house you have a great opportunity to really get WHAT you want at the price YOU want!  I say that's a win-win for everyone.

If you are a Las Vegas homeowner now or contemplating buying remember this analogy my dad once told me.  Bulls and bears make money - pigs get slaughtered.  Just a few years from now many will wonder why they didn't take advantage of the opportunity.  Consistent growth will net you great returns.  Don't BE GREEDY!!!!!

Let me hear your thoughts.....


Posted by Michael Roberts on October 7th, 2007 9:39 PM

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