Las Vegas Is Hurting Worse Than Tucson

by Tucson Realtor - Michael Krotchie on February 20, 2009

I’m here in Las Vegas visiting my parents and my Dad just handed me his 2009-2010 Clark County Assessor Notice of Value.

I tried to prepare him for the shock he was about to receive when he saw theĀ  “taxable value” of his home but he wasn’t listening.. moments later, he learned the taxable value of his home had decreased by 27%!, a terrible justification of the real estate market collapse here in LV.

We’re off to try our luck at the blackjack tables. Here are your 24-Hour Change Statistics for the Tucson MLS:

New Listings 122
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Back on Market 15
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Price Increases 7
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Price Reductions 128
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Contingents 44
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Pendings 27
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Solds 33
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Expireds 36
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Inactives 25
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