Stability in Nevada Home Prices?  There are indications that
Nevada home prices are being stabilized due to various measures.
I am really sure about these indicators and there are some false
indicators engineered by banks and real estate companies to hide
the real numbers of foreclosed homes. Bank of America, for
instance, had up to the last information, 25,000 homes in its
inventory and is thinking of releasing only 500 home every
months. That means that have significant inventory and also
building more inventory due to increase in foreclosed homes.
This is only bank of America, as there are innumerable other
banks (at least 100 or so) in Nevada who are sitting on this
undisclosed inventory. Now, let us read this article from Review
Journal and make our own individual assessment.  Leave a Reply
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