Friday, April 9, 2010

Construction industry news in Las Vegas

It’s a well-known fact that the construction branch has decreased its scale size recent years because of the crisis. But still you can observe that a new project is started every month in spite of the national economy slump, plummet in tourism and numerous foreclosures.

Builders are not eager to start new projects in North Las Vegas area. But if the construction is made it’s usually made environmentally friendly or green. This is done to make potential buyers interested and buy new green and healthy houses. But many such projects have been scaled down because of the crisis. Building companies say as the number of foreclosed houses is still great, the new property to build has no sense at all as it can’t compete in price with the houses on sale in Las Vegas.

Still there are some people who would choose rather a new house in North Las Vegas than a foreclosed house with a number of problems.

No comments: