Website puts Las Vegas on top of housing turnaround list
Las Vegas is at the top of another national list today.Photo: Video by ktnv.com
Las Vegas, NV (KTNV) -- Las Vegas is at the top of another national list.
Real estate website Trulia.com has named Las Vegas and Seattle the top turnaround housing markets of 2012.
Although home prices in Phoenix increased the most last year, Las Vegas and Seattle reported the most dramatic change.
Both had price gains of more than 10 percent in 2012 after declines of more than 10 percent the previous year.
Las Vegas home prices saw an appreciation of about 18 percent.
Although prices aren't nearly what they were, it is a reasonable increase.
According to the Greater Las Vegas Association of Realtors, we headed into another huge year.
That makes it incredibly competitive for first-time home buyers.
With so many cash buyers out there, experts say not to waste any time.