Real Estate Market and Economy News You Can Use:

Economy leveling out, but rates to stay low a while The Federal Open Market Committee promised again Wednesday to keep interest rates exceptionally low "for an extended period of time," even as it drew encouragement from the stronger economic outlook.

Fed gathers to take U.S. economy's pulse - USA Today - - WASHINGTON - With the U.S. economy turning a corner, Federal Reserve policymakers will consider whether some programs intended to ease the recession and stem the financial crisis should be extended.

Home sales up 3.8% for quarter; rising foreclosures drop prices - USA Today - - Home sales rose in most of the country in the second quarter compared with the first, a trend driven by falling prices, lower interest rates, and a tax credit for first-time home buyers.

Pending home sales ride their win streak - MarketWatch - - Story Comments Screener (206) AlertEmail Print WASHINGTON (MarketWatch) -- Boosted by low interest rates and bargain home prices, pending sales of existing homes rose in June for the fifth straight month, the longest streak of gains since 2003.

Foreclosure postings spike in July - CNN - - The housing market is still sick, with a record number of foreclosure filings posted in July

There's never been a better time to buy and invest in Las Vegas Real Estate...I can help!

Felipe Crook

Prudential Americana Group Realtors

Las Vegas NV 89117

1-866-589-1646