Google is expected to make a big Announement
Google is expected to make a big announcement in May that will also show the commitment to the future of Nevada is strong. All this should equate to the “perfect storm” in the next few years. Lending rates are still relatively low and if lenders and banks can increase their liquidity reserves and make more loans, the economy should be buzzing. Consumer confidence will increase as will spending and our market will show steady growth and recovery.
It’s a good time to be a Nevadan. The local Real Estate market should once again become a “Sellers” market and drive comparable sales prices up, thereby providing a decent margin for Developers and Contractors to continue to build and lenders continue to lend in support of a burgeoning economy.