The median price in Vegas has now fallen $62,000 in just the past 12 months - that's over $5,000 a month, or $170 a day. Ouch. You'd have to get killed at the craps tables to lose so much so fast. Or trust a realtor on commission of course. And remember, knife catchers, we're just getting started...
And one more time, this one is just too good:
"Home prices are still going up in Las Vegas. That flies in the face of bubble theorists. There never was a bubble in Las Vegas, and there isn't one in the future."
- Larry Murphy, president of real estate monitoring firm SalesTraq, July 2006



