Las Vegas Sales Improve

Last December I wrote a blog post about the continuing bad news on home sales in the Las Vegas market from 2008 through 2010. There is finally some good news to report - take a look at the chart below for the twelve months of September 2010 through August 2011:

The number and dollar amounts for purchase mortgages have been trending upward for the last 12 months. Click on the image above for a larger view.