For 19th Straight Year, Nevada is Fastest Growing State

The South and the West remain hot in more ways than a thermometer can measure.

Those two regions have a disproportionate number of the fastest-growing states in the country, according to the Census Bureau, which released its latest state population estimates on Thursday.

For the 19th straight year, Nevada was the fastest growing state. Its population rose 3.5 percent for the year ended at mid-year in 2005.

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Recreational Demand Drives Land Market
by Charles E. Gilliland and Michael Mays

Land for recreational purposes continued to be in hot demand, driving the market. Responding to rapidly rising prices, buyers looked beyond lands adjacent to metropolitan areas and into lower-priced markets farther away.

Throughout the state, buyers continued to snap up good quality properties, resulting in a dearth of listings in many areas. Buyers began searching out properties not on the market and making above-market-price offers.

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