Las Vegas and surrounding areas will have a strong year for 2014. Many projects have been announce for construction and completion in 2014. There is a new 3,000 room hotel starting construction behind the Circus Circus Hotel, the old Sahara Hotel has started construction which will now be called "SLS", many retail projects have been announced, quite a few new homes are being built and unemployment is down considerably. All these facts add up to a come back year for Las Vegas real estate. Whether it be commercial or residential our market has improved significantly in the past 6 months and will only get better for the new year. Is it the time to buy real estate in Vegas? Absolutely, there are many opportunities to purchase properties under market value. Most of the investors and hedge funds have dried up and traditional purchasers now have the advantage. Take advantage of this opportunity before prices appreciate to much. Feel free to call me, Al Barbagallo to guide you in the right direction. I have over 25 years of experience with commercial and residential real estate right here in Las Vegas. Direct number is 702-502-1592.
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