The Law makers will be addressing AB284 soon, which could change things here in Nevada as far as our foreclosure inventory. Adding more homes to our current inventory could slow down the rise in prices. We would hope that the market would stabilize and hold these values for a while. However, with inventory so low there are no guarantees.
In addition, with the Debt Relief Act extension through the end of this year, NOW is a great time to sell if you are under water on your home! If people would take advantage of this, it could also help stabilize our market.
If you have questions, contact me, I can help!
Randall D. Carlson, ABR, GRI, BPOR
Realty ONE Group
Lic#34912 Since 1994
Susan Frush-Feller, SFR, CDPE
1021 Seven Hills Drive
Henderson, NV 89052
Phone: (702) 321-0131