The big run-up in Las Vegas house prices has slowed sharply and Las Vegas is dropping from most of the lists it used to head for real estate problems. Still, there are plenty of short-sales and more than half the sales in Las Vegas are paid in cash. That usually means that investors are buying properties to rent out. What is happening in the Las Vegas real estate market? And can we call it a recovery?
Marcus Conklin, Associate Director, Lied Real Estate Institute, UNLV
Ash Mirchandani, Deputy Director, Nevada Department of Business and Industry