2012 Market Trends: Las Vegas Residential Resale Home Inventory
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Las Vegas 2012 Market Trends: Inventory Las Vegas real estate in 2012 will no doubt be a wild and wacky and an unpredictable market resulting in broken crystal balls as it has been for the last 5 years. This I am sure of. My 2012 Las Vegas real estate market trends predictions will depend on several factors: Steady interest rates Steady underwriting guidelines (LOL!) Current laws Current market conditions The reason why I say "current laws" is because right now there is a new law (implemented Oct 1, 2011,) called "AB 284" which is beginning to hurt our inventory situation. I would NOT go out on a limb and say it is the sole cause of us having low inventory right now. As you can see, we had extremely low inventory PRIOR to Oct 1, 2011. High buyer interest coupled with low intere...
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