20 cities are tracked in the S&P/Case-Shiller 20-city Home Price Index. Since April of last year the average home price has droped 15.3%. Many cities dropping every month for the last 21 months.

Las Vegas has been the hardest hit dropping 26.8%. Home owners have felt the pinch leading to huge numbers of foreclosures. Investors have been buying up great deals across the valley as prices drop to levels from years past.

Las Vegas real estate agents have seen historic trends up and historic trends in foreclosure opportunities. As major projects schedule their completion over the next couple of years, agent watch to se how many tens of thousands of jobs will be created drawing in a large number of residents and driving prices upwards once again.

CNN reviewed a Harvard report suggesting that the next decade will be very healthy with regards to housing. Changing demograhics and a continued population growth mean more households are needed. There will be a hesitation in growth because of current unsold homes, however, annual amounts will average considerable growth.

From 2010 to 2020, the number of households in the United States will grow by an average of more than 1.4 million per year, the study finds.

In Las Vegas, we anticipate real estate growth based on major projects happening across the valley, including City Center among others. Las Vegas Realtors can explain what to expect in some of this growth.

CNN reviewed a Harvard report suggesting that the next decade will be very healthy with regards to housing. Changing demograhics and a continued population growth mean more households are needed. There will be a hesitation in growth because of current unsold homes, however, annual amounts will average considerable growth.

From 2010 to 2020, the number of households in the United States will grow by an average of more than 1.4 million per year, the study finds.

In Las Vegas, we anticipate real estate growth based on major projects happening across the valley, including City Center among others. Las Vegas Realtors can explain what to expect in some of this growth.

Realtor.com explains how your credit history affects your purchasing ability and how late payments and charge-offs and other credit repair methods can damage credit. Currently, when purchasing real estate the credit score means nearly everything with regards to qualification. In Las Vegas we have seen many who would have otherwise qualified in the past be declined. It is ever important to keep the credit score in good shape. A Las Vegas Realtor can either give you some guidance on how to keep it clean or who to talk to in order to either keep a healthy score or have it repaired by a qualified professional.

Housing starts drop to new 17-year low across the nation. According to CNN privately owned housing starts dropped 3.3% for seasonally adjusted rates. The drops indicate a stagnant period.

Michael Larson, real estate analyst at Weiss Research, said...thinks the largest percentage declines in housing starts are "probably behind us." But he thinks the number of new homes under construction will remain at current levels until builders reduce "their inventory overhang."

The market will likely remain in a valley for several months to come before improved sales begin.