Las Vegas stands out as one of the hottest markets in America with home prices up 15% year-over-year.
“More traditional buyers and sellers are sitting out of the market and investors are bidding up prices for foreclosed homes and [homes] at the lower end of the market,” Quinn Eddins at RadarLogic tells Business Insider.
http://business.financialpost.com/2013/04/08/ground-zero-of-americas-housing-crash-is-starting-to-look-bubbly-again/
