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The Housing Market

The Las Vegas housing market has long been one of the worst in the nation - foreclosures at record levels and 50 to 60 percent drop in prices over the last three years. So where is the housing market now? Will it take decades to fully recover? And what is driving the continued wave of problems with the market?

 

GUESTS

John Restrepo, Restrepo Consulting Group

Paul Kasperek, homeowner

Paul Bell, Pres, Greater Las Vegas Association of Realtors

Gwen Sharp, homeowner

  • Vegas Inc: More than 20 years until home prices reach pre-bust levels, Moody's says
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  • Vegas Inc: S&P: Las Vegas home prices on seven-month losing streak
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