Areas of high foreclosure activity and low prices, such as Las Vegas, are fast becoming epicenters for real estate investors - or absentee owners.  Coupled with the low prices, the population has remained stable so good renters can be found relatively easily.  Now is definitely the time to buy in Vegas.  To read more about the absentee phenomenon, click on the following link:

http://realestate.nj.com/?classification=real+estate&temp_type=search&tp=RE_nj&tl=42&guid=123360