All tagged Las Vegas housing market
Vegas was the hottest market in country two months ago, now, not so much. But home sellers are telling their realtors to check the paper for the business section headline, “Las Vegas home prices rising fastest in country, still.” Those kind of headlines have sellers listing their properties for $20,000 to $40,000 too much, realtors tell me.
instead of leading the turn as they normally do, new home sales have lagged, both in time and quantity. A yawning gap has opened between the rate of growth in full time jobs, and the new home sales rate.”
Most home sales in Las Vegas are made during the warm month window (March to October) making this February sales spurt unusual.
