Las Vegas Real Estate Condition Will Rebound, URC Expert Predicts

(PRWEB) June 05, 2014

United Relief Centre, a leading real estate and financial consulting firm, has recently asked one of its senior panel experts to present an analysis of Las Vegas real estate industry. The URC expert analyzes the current situation and data and predicts that the market is bound to improve if effective efforts are made by realtors in the region.

According to the spokesperson for URC, most real estate experts deem Las Vegas as one of the most unstable market in the US right now, and that is why it was chosen as the area of focus. Highlighting some other factors that made Las Vegas situation a high priority for the URC experts, the spokesperson said, “There is no doubt in the fact that the rate of foreclosure is higher in Vegas. However, let us not forget the historic value of the real estate in this region and how it is getting better. The prices rose more than 35 percent over the last year and a large number of luxury projects were sold. This means consumers’ interest is rising and it can only be expedited through positive participation of realtors and brokers.”

The United Relief Centre also pointed out areas where real estate agents must focus on improving. He shared the findings of a recent survey conducted in Las Vegas. According to the findings, nearly 55 percent of potential buyers in the region are interested in buying newly constructive property. In contrast to these numbers, only 7000 of more than 50,000 houses sold were newly constructed ones. These numbers, according to the United Relief Centre’s expert, indicated a gap between what the consumers demand and what they are provided.

Based on these findings, the URC expert recommends realtors in Las Vegas to educate themselves regarding the current consumer demands. “If they can bridge the gap between what the buyers want and what they are getting, they will be able to attract more qualified prospects, and the market will surely recover at a more favorable pace.”

For more information regarding the real estate market rates and conditions in the US, please visit the website: http://www.unitedreliefcentre.com.

About United Relief Centre
United Relief Centre is an organization founded by a team of financial experts from the US and Canada. The organization provides advocacy and support to people looking for financial help in the areas of real estate, investing, credit, and debt settlement. The major objective of the organization is to bridge the distance between those who seek help and those are able to provide it. It spread awareness regarding relief programs, mortgage products, and financial help options that are available for people in financial distress. By promoting better awareness of available option, URC aims to help people improve their financial standing and play a better role in economic development.

For contact, please use the following details:

Contact Details:
http://www.unitedreliefcentre.com
Address:
500 King Street West
Toronto
Ontario M5V 1L9
Phones:
+1 416 900 3825
+1 416 900 3881
E-mail:
info(at)unitedreliefcentre(dot)com

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