Signs the Las Vegas Real Estate Market is Cooling off.

Todd and Oana talk about some signals that the Las Vegas real estate market is starting to cool off. As many people are aware the real estate market is on fire throughout the entire country and especially in Las Vegas. However, there are starting to be some signs that the market is moving back toward equilibrium and home price appreciation is slowing.

Signals that the real estate marking in Las Vegas is starting to cool off is a leading indicator just as multiple offers on homes was a leading indicator. Usually once the prices are seen to drop its too late as that metric is a lagging indicator. The Las Vegas real estate market is one of the hottest markets in the last year for both owner occupant and investor clients who are buying up resale and new homes as soon as they hit the market.

Todd and Oana are Las Vegas real estate agents that have sold over 3,000 homes in the las vegas real estate market. If you are interested in selling a home in Las Vegas please contact us below.

Oana Sterlacci-Miller
broker@nvrs.com
702-285-4207

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