More land traded hands in 2010 than it has since the recession began, but prices continued to plummet, according to a Las Vegas research firm.
Applied Analysis said the 2,113 acres of land was transferred in 2010, a 32 percent increase over 2009 when 1,623 acres was sold. Despite the increase, which in part was attributed to lenders taking back ownership of properties, the sales levels are one-quarter of what they were five years ago.
Read more... http://www.lasvegassun.com/news/2011/feb/21/2010-saw-increase-land-sales-prices-continued-fall/
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