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North Las Vegas’ economy could see some bright spots, but the valley’s housing market may not experience a full rebound for nearly a generation, predicted a local observer at the city’s Directions 2010 event Thursday.
The health of Las Vegas’ retail market continued to deteriorate in the third quarter as the vacancy rate rose to a new high of 10.5 percent and nearly 200,000 square feet of retail space was returned to the market, Colliers International brokerage reported.
WASHINGTON — Rates on 30-year mortgages fell this week to 4.19 percent, the lowest level in decades. They were pushed down by lower Treasury bond yields. Investors are buying up Treasury bonds in anticipation of a move by the Federal Reserve designed to lower mortgage rates and yields on corporate debt.