Cities like Las Vegas, Miami and Phoenix saw disproportionately large increases in prices during the bubble years but have corrected extremely fast. Now, according to sources sucha s Forbes, that velocity of price declines has put Las Vegas at the bottom faster than other large metros. The bottom does not mean "recovery" but if the assumption about a bottom is correct, its surely a welcome sign, especially in light of improved affordability. Currently prices, combined with low mortage interest rates, makes home ownership realistic for normal households. Now the bulk of the price distribution for homes better matches the income distribution for Las Vegas families. To check out the Las Vegas Sun article, Click Here.