Darren Hildreth thinks the market in Vegas is "soft"...

...right now but that the economy will soon bring in enough people to fill the 20K+ homes on the market. I do not agree. At all.

All indicators point to a very rough couple of years for Las Vegas. The market isn't soft...it's broken. Fundamentally so.

UPDATE: To be fair, Mr. Hildreth's post is from seven months ago. That said, things didn't like so tragically bad then but I don't think I'd have called the market soft.