SHY HIGH? I think they are very reasonable - been watching and
tracking the market for several years and it has had a nice growth
rate but nothing like I have seen in other parts of the country..and
those parts are not as fun as Vegas...
Scott,
I just bought an older home in Vegas in May. It was on the market 3
years ago for $102,000. I just paid $147,500 and got a good deal
on it.
Prices have gone sky high here in the last couple of years.
Sheila formerly from Chicago
From: Elliott L. Shapiro [mailto:elliotts@j…]
Sent: Thursday, June 12, 2003 5:37 PM
To: vpFREE@yahoogroups.com
Subject: Re: [vpFREE] Re: Car ins & Housing Mkt
Rule of thumb for Real Estate taxes is 0.9% per year of the value
of a
house.
>We are moving to LV sometime this fall from L.I., NY and for us,
almost
>everything is cheaper in LV. I know car registration is high, but
I
think
>car ins is cheaper in LV than here on L.I. I think gas is about
the
same.
>The huge difference for us is the dramatic difference in the cost
of
real
>estate. Here on Long Island, home values have been increasing at a
rate of
>17 to 26% per year and our home has almost tripled in value over
the
last
>seven years. Homes in LV now cost 1/2 to 1/3 of what they do here.
Real
>estate taxes are also much cheaper in LV. Our r/e tax this year is
$10,450,
>which is about average for here.
>
>Judy
>
>
>>>>
>Also, housing seems to have gone through the roof. I wish
>we'd held on to our house in Vegas, at least as a rental, when we
moved
>back to Ohio, as we'd have made a killing on it in today's Vegas
housing
>market.
>
>Scottro
>
>It's interesting how different opinions can be. The housing market
still
>seems very reasonable to me here and hasn't increased like I've
seen in
>other parts of the country.
>
>Scot
>
>
>
>
>
>
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--- In vpFREE@yahoogroups.com, "Sheila" <sheila@y...> wrote:
-----Original Message-----
On Thu, 12 Jun 2003 19:56:29 -0400, you wrote:
pmail/S=:HM/A=1482387/rand=598714389>
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