Real estate:

Median home prices experience largest year-over-year increase in nine years

Friday
8 February 2013
2 a.m.

Southern Nevada’s housing market began 2013 with mixed results last month, with rising prices, shrinking inventory and an uptick in nondistressed sales. The median price of single-family homes sold in the region in January was $150,000, an increase of only 0.7 percent from December. But it was up 27 percent from a year ago, marking the largest year-over-year jump since at least 2004, according to a report out Friday from the Greater Las Vegas Association of Realtors. For the first time in years, “traditional” sales between a buyer and seller, with no lender calling the shots, accounted for more than ...

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  1. After the largest decrease in history four years ago, from bank bailouts and juvenile run political campaigns.

  2. Here we go again.

  3. Well, golly gee, our home may now be worth what my wife & I paid for it some 25 years ago. Because of the blackmail foisted upon the financial industry by Chris Dudd & Barney Fag, we lost 70% of our home's value when the housing market collapsed. And, where are the Senator & Congressman now? Why, enjoying the sweet life and living high off the hog on big fat pensions we suckers have to pay the creepolas. That's what leftist Dumbocrat politicians do best. Wreck the economy, retire and collect pensions ordinary suckers can only dream about!

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