Some telltale signs that the real estate market is starting to cool off in Las Vegas. Inventory is starting to climb and list prices are leveling off. Also the new home builders are starting to have standing inventory and offering expanded commission programs for agents who bring buyers to the new home subdivisions.
There are still parts of the US where the real estate market is hot, and others are still a normal market. Usually Las Vegas leads the trend or housing in the US, so what happens in Vegas might stay in Vegas, except real estate, of course.