California company says Southern Nevada housing outlook worse than a year ago
January 14, 2009 - 12:39 pm
California-based PMI said today that Southern Nevada's prospects for a quick housing recovery are even worse now than they were nearly a year ago.
The company's new Winter 2009 Risk Index, with stats compiled in the third quarter, shows that Las Vegas has a 99.4 percent chance of seeing lower housing prices two years from now.