About Las Vegas was rated as the most undervalued real estate market in the nation. The rating was made by Local Market Monitor. Las Vegas was also rated as the worst housing buy. How could that be? I would assume that Las Vegas, like much of Nevada is still facing a massive number of foreclosures.
The list contains 15 under valued cities and 8 over valued cities. The Reno-Sparks area was not on either list.
I don’t know all of their criteria, partly because I was not willing to pay for the information.
For more about Nevada real estate values.
Las Vegas Rated as Most Under Valued City: Reno Not on List
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