Archive for November 29th, 2005

Las Vegas Real Estate: Great Economic News!

Tuesday, November 29th, 2005

As we look at the U.S. economy and the market for Las Vegas homes through the holidays and into the new year, MS Las Vegas Real Estate sees encouraging signs already. First among these signs is the just released data on consumer confidence. After a record hurricane season and a major spike in gasoline prices, there has been serious concern about the impact on consumer confidence levels. What a pleasant surprise the data turned out to be! Consumer confidence for November jumped impressively to a reading of 98.9, from October’s revised 85.2 number. The November figure is the best reading since August and signals a highly positive mind-set going into the holidays and 2006. A significant component that contributed to the rise in confidence had to do with perceptions of a strong job market throughout the U.S. economy. Nowhere is this more true than Nevada! Job growth and job creation in Nevada runs at FOUR TIMES the national average! The Las Vegas real estate market is a reflection of our stellar economic fundamentals. Give us a call at 888-349-2595 for more in-depth