Home Prices Stabilize??

I’ve been seeing this for several months now….at least in Vintage Vegas. Now there’s city wide statistical evidence, for at least a one month increase of 900 dollars. YEA! It’s only one month but IT IS THE FIRST TIME 30 MONTHS (since February ‘07).

Hubble Smith reports in today’s RJ……

Las Vegas Area Home Prices Edge Up

 (READ THE ENTIRE ARTICLE)

NOW, if the banks will actually SELL the houses to first time home buyers instead of the cash investors. If they’ll actually accept some more of the short sales. If they’ll stop being overly ridiculously obsessed with dotting every I and crossing every T, and driving us crazy with stupid useless, paranoid minutiae and just close the loans….