Wednesday, March 23, 2011

Las Vegas is America's 2nd Emptiest City!

Yes! We're so happy to announce that our city of Las Vegas, Nevada has made it to the top of yet another national list! Forbes magazine has ranked Vegas as the second "emptiest city" in America. Awesome.

With a home vacancy rate of 5 and a half percent and an apartment vacancy rate of 13 and a half percent Vegas, at last according to the statistics, really is kind of empty. According to Forbes it trails only Orlando, Florida which boasts an almost 24% apartment vacancy rate. But, with only a 4.3% home vacancy rate, Vegas actually beats Orlando in that category (although San Bernardino, Ca actually beats everyone with a 6.4% rate). Awesome.

Here's the good news according to Forbes: Las Vegas's home vacancy rate was 6.1% in the 2nd quarter of 2009. So at least there's been a slight improvement there. Good thing all those Canadians, Europeans, and rich Asians are buying up our dirt-cheap houses!

So here's the bottom line: Vegas is kinda empty right now and there are still a ton of freaking incredibly real estate deals out there. If you have some money to invest buy yourself a duplex or three before Sin City starts to come back to life! (Don't worry, you have plenty of time left.)

Learn some mo': Las Vegas No. 2 on list of country’s ‘emptiest’ cities

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