Readers may recall a video I posted last fall from Bryan Lebo of the The Lebo Group, a real estate firm out of Las Vegas. In that October video, Mr. Lebo predicted the adverse effects of, the then newly passed, Assembly Bill 284.
Today, I’d like to share the latest video from The Lebo Group. In it Lebo discusses the current state of the Las Vegas real estate market [trend-wise, identical to the Reno-Sparks market]; the possibility of AB284 being addressed by the legislation this year; the potential for, and ramifications of, judicial foreclosures; and a prediction of 15% increase in home prices this summer.
Check it out below…
The Las Vegas Review-Journal piece Lebo references in the video can be found here: Foreclosure starts continue to fall in Nevada, the West