Palm Mesa (Las Vegas, NV)
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Renters are becoming buyers finally as resale purchase prices drop and economic conditions in the valley are preventing high numbers of new incoming residents to move here. This has softened rental prices slightly as many investors are buying all cash in the market currently and then renting. More homes available for rent (higher supply) and less renters (lower demand.) Units Leased: May 2013:  3297 April 2013:  3100 March 2013:  3188 February 2013:  3141 January 2013:  2608 December 2012:  2289 November 2012:  2690 October 2012:  2913 September 2012:  2626 August 2012:  3409 July 2012:  2912 June 2012:  3007 May 2012:  2887 Average Monthly Rental Rates: May 2013:  $1348 April 2013:  $1283 March 2013:  $1315 February 2013:  $1274 January 2013:  $1462 December 2012:  $1535 November 2012...
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