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March Market Update

Home prices continue to weaken since the beginning of the year.  Las Vegas houses have lost, on average, more than half their value since 2006.  They’re now selling for less than they did in 2000.  Sales activity remains focused on the low end as investors seek out available opportunities.  We’re not alone, with other cities such as Atlanta, Chicago, New York, Phoenix, Seattle and Portland, OR, among others also hitting their lowest prices since the market high point.

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