Taking Bets on the Las Vegas Housing Revival
Bidding wars are back in the city where home price declines were epic
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Renee and Dwaine McCuistion, who lost their Las Vegas home after defaulting in 2010, are feeling lucky again. They bought another property in October for $475,000, 42 percent less than what the previous owner paid. “With everything so low, we felt it was imperative to start building equity again,” says Renee, sitting on the patio of the four-bedroom house at Red Rock Country Club.