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B 2 B Clark County's business magazine
Excerpt from the Columbians economic forecast for 2007
RESIDENTIAL REAL ESTATE
The saying goes that all real estate is local and Dick Riley sees no exception for Clark County. The real estate appraiser said the local residential market has cooled as other parts of the nation, but that it was never going to be a “bottom falling out” bust. Instead, he considers the 2006 market correction a good thing with the final landing coming this spring or summer. He sees first-time buyers once again being able to enter the market. A gradual appreciation is expected to start in the second half of 2007. Riley said 2007 will end much like the record year of 2005 with the sale of new and existing homes hitting the 13,000 threshold.
 
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