The Lahontan Valley News found a difference of opinion in Nevada. "Though the market has slowed since last year, demand for homes continues to be strong, said Bob Getto, the Fallon-area MLS director and a local realtor. Homes are spending more time on the market before they are sold, but no deep discounts are to be found."

"'The prices are not coming down, but the market time is getting somewhat longer,' Getto said. 'The buyers are not feeling the urgency to have to buy right this second.'"

"While thousands of homes are proposed in the area, the development of infrastructure will limit the build-out. Getto said, 'All of these units proposed for future developments are not proposed all at once.'"

"Realtor Mike Berney said the fact that homes are staying on the market longer means consumers have a broader inventory to browse and more time to decide. 'Last summer, you would have a couple of different people vying for your home at one time. Right now, there's a lot of things to look at,' Berney said. Berney didn't anticipate a housing glut."

"'If you're a developer and you're building X amount of homes, you're not going to build them if you can't fill them,' he said. Buyers are diverse, including Californians and locals looking to upgrade, Berney said."

"Local real estate appraiser Jim Davis had a different take on the market." "He said MLS numbers don't accurately reflect the actual market because manufactured homes and bare land are not included. Homes sold by owner are not included, and some developers don't list properties on MLS, he said. 'The Realtors are looking through rose-colored glasses,' Davis said."

"The Fallon market is intimately tied to California, where the real estate market is turning downward, he said. He projected a housing glut could be on the horizon."

"Speculative investors and outside buyers are inflating the market, he said. He questioned if local wages were substantial enough to justify houses of more than $225,000. 'I think it's going to come down; how much and when I don't know,' Davis said of the market."