In Las Vegas real estate, someone’s loss is another’s gain

LAS VEGAS – If you'd like to learn about adapting to change, spend an afternoon with Jennifer Martin, Realtor. You might also buy a condo or a house while you're at it. Priced to insane levels at the top of the bubble, lots of Las Vegas real estate is now available, cheap. If Las Vegas is where you'd like to be, someone else's disaster may be your bargain.

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How big a bargain? Try this: The National Association of Realtors says the median Las Vegas home price declined from $317,400 in 2006 to $181,700 by last December. The decline is confirmed by the Case-Shiller index for Las Vegas: It is down 44 percent from the 2006 peak. More...

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