Welcome to VegasInvest.com, the #1 site for Las Vegas Real Estate news and auction listings. Keep yourself up to date with what's going on in the Real Estate scene with the latest news under "Recently" in the menubar. Catch auctions that few people know about so you can be confident that you're making a wise investment. You don't have to be clueless anymore. Know what's going on in Las Vegas before everyone else.

Grim outlook for Phoenix, Las Vegas home sales

New -home sales in Phoenix and Las Vegas, two U.S. markets hardest hit by foreclosures, are set to plunge as a federal tax credit for homebuying expires, according to data from real estate researcher Metrostudy. A sample of subdivisions in both cities showed sales contracts for new homes "pulled back sharply in May and contract cancellations spiked," Houston- based Metrostudy said. more...