Nevada’s property, both commercial and residential, is simply less expensive than other West Coast properties.

Residential Homes:  Las Vegas now has an average residential sale price under $200,000.  Because Las Vegas was the fastest growing city in America for a decade, most housing inventory is relatively new and remarkable homes are available.   Las Vegas is one of the largest foreclosure and shortsale markets, so this is a chance in a lifetime to buy quality homes in the valley for rock bottom prices.

Commercial Properties:  Cap rates on are now realistic for investors. A Cap rate of 10% is now achievable, where in 2005 an investor might be lucky to get 6%.  As with residential properties, most of Las Vegas commercial real estate is less than 10 years old!  Close to California and Arizona markets, a major convention center, Las Vegas is a great place to cut costs and make business happen.