Despite tourism numbers being off southern Nevada's economic outlook remains strong, says Mayer. Our population growth is phenomenal and we have one of the lowest unemployment rates in the nation. Just look at "The Vegas Strip" there is a plethora of jobs when the new Mega Resorts come online!

As other areas of the country sort out their housing woes Las Vegas seems to be powering through it. Attractive real estate investment opportunities exist in every housing category, says Mayer. For our clients that require financing, mortgage interest rates still remain at historically low levels, effectively lowering the cost of buying a home.

The high end property will always be the high end and the lower end is rapidly sorting itself out.

I am working seven days a week to service our wonderful clients and have been known to show property at 11:00 pm on a Sunday night. We have increased our client list substantially, especially the overseas group who have tremendous buying power due to exchange rates. Las Vegas is truly an international destination.

The ship is definitely in the harbor taking on passengers before it sails into the sunset with the next wave in the real estate cycle.