EW YORK (CNNMoney.com) - If you've recently gambled that Las Vegas Housing Prices would continue to rise this year, you may be on the losing side of the bet.
According to the latest Housing price forecasts from Fiserv Lending Solutions, a provider of mortgage and consumer lending services, Las Vegas real estate will tumble a whopping 8.2 percent in 2006, the largest predicted fall among the 379 Metro Areas studied.
Fiserv forecasts a significant stagnation in housing prices for the United States in 2006 -- median home prices overall will inch up only 1.5 percent this year. And many metro areas will experience drops, including some of the largest, and most expensive, ones such as New York (down 2.43 percent), Los Angeles (down 3 percent) and Washington (down 1.9 percent).
Phoenix, one of the fastest-growing areas the past couple of years, is another town too hot not to cool down. Fiserv predicts an increase of just 3.3 percent........
