THE ADAMS TEAM
Rothwell Gornt Companies
Las Vegas Real Estate Agent Robert Adams Las Vegas Real Estate Blog
My market is Las Vegas. Link states: "Las Vegas was the country’s sole large market that completely missed out on rent growth in 2012, as prices were cut 1.7 percent."
This is due to the huge increase in demand of the rental properties from investors. They are buying them all up and dumping them on the rental market. This is heavily increasing the rental supply.
I hope this gives some insight to why our rental rates are decreasing.
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