Home sales continue at a lackluster pace.

Greater Las Vegas Association of Realtors, or GLVAR, communicates that existing homes listed for sale in Vegas grows again after doing much better late in 2006. The market is clearly trying to find its footing and the label soft still sticks. The townhouse and condo segment performed worse than the single-family house one. It was down 42.8% from last year, a large drop.

Is there anything positive here? I think so. Buyers are running the show now. They should go out and negotiate everything to accomplish a successful purchase. Negotiate a new set of a washer and dryer, a wide screen TV, a new car, a new pool, anything you can think of. There definitely are opportunities for the taking. Vacant property, yummy. Secondly, the median price of a single-family home edged upward to $310,000, a hike of 2.6% from January. There are some positives to chew on, aren't there?