(English) As We Were Saying…
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Agreed. In Las Vegas, the market is still pretty soft and foreclosures can still destroy neighborhood comps and values. Yesterday, USA today reported Las Vegas at the top of the list with over 70% of homeowners upside down. Sell while the interest rates are still good. Remember, when rates go up, which they will eventually, it will also decrease the buying power of most buyers. This means there will be less people able to buy your home. So when supply goes up and demand goes down, that is a recipee for lower prices.