The markets are all about the increases in Las Vegas foreclosures; it’s all dismal and bad news; it’s all downhill sort of viewing and it’s all about trying to cope with the negatives about the market. And that’s not healthy. At a psychological level and context, what are you supposed to gain from repetitive, tired, bad news about the LV market? What should be happening out there, and what we’re seeing a lot of out there is sites sort of revolting against the media’s focus on how bad things are, and some sites are more “adventurous” than others, to put it mildly. Some sites are advocating trading the market, creating activity in the market. And a lot like Wall Street, there is enough volume, there is enough trading to be done, to actually make money by trading the real estate market in Nevada as a whole. You can get into options and short sales as examples.
Comments are closed.