Earlier we noted that Las Vegas remained the worst housing market in the country.
Here's one reason to be bullish... according to Case-Shiller data, the arc of the Vegas housing market is (not surprisingly) tightly related to hires and fires in the Leisure & Hospitality industry. That's clearly bottoming out and improving.
Can Vegas be far behind?
Read more: http://www.businessinsider.com/las-vegas-home-prices-vs-leisure-and-hospitality-hires-2010-11#ixzz16s6WO5GA
Disclosure: No Positions