Vegas Craps Out Again... Sahara Hotel to Close
[the sahara hotel, scheduled to close may 15, 2011... from the las vegas sun]
I am frequently asked by friends and acquaintances how it is in Las Vegas and if things are improving.
Here's a couple of items that should help with that answer.
First up is an article that tells the story of our housing market. Almost 70% of all homes with mortgages in the Las Vegas Valley are under water.
And then, the Sahara Hotel and Casino, a longtime anchor at the north end of the Las Vegas Strip, will be closing its doors in May.