Today Las Vegas, NV Area Real Estate Reached Another Milestone: We are over 10,000 units!
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
I am pleased to report that today around noon we surpassed 10,000 active listings and our inventory is GROWING quickly! This is great news for buyers frustrated with writing multiple offers only to get outbid time and time again as sale prices were drawn well above the list prices and cash buyers had preference over financed buyers! If you decided to throw in the towel and sit on the sidelines from the Las Vegas Real Estate gold rush you may want to consider to jump back in soon! We do still need about twice as many active listings to turn this from a big time seller's market back into a stable market (I estimate 18000-24000 listings.) Give us a call at 702-966-2494 if you would like to be set up on a free up to date home search!
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