Las Vegas’ New Normal

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October 26, 2015

Las Vega has the highest negative equity rate among large cities nationwide, Zillow Real Estate Research reports.

Despite this, Las Vegas’ market isn’t at a standstill plagued with constricting inventory, local home price volatility, and high foreclosure rates. “Instead, local homeowners, buyers, lenders, developers, and real estate professionals have learned to live with negative equity,” Zillow reports.

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