Will Las Vegas red-hot housing market cool in the coming year? Probably not, according to National Association of Realtors Chief Economist Lawrence Yun. Yun shared four reasons why he thinks
Homebuyers Paying Record Amounts for New Construction in Las Vegas.
Dated: August 30 2021
Las Vegas buyers are in a frenzy for housing, sparking concerns and prompting more buyers than usual in the valley to look for homes in rural, less expensive Pahrump some 60 miles away. (see homes here)
Las Vegas-area homes are selling for nearly 42% over long-term trends, making it the ninth-most overvalued market in the nation, according to professors at Florida Atlantic University.
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