Coldwell Banker Premier Realty

Inventory Update

Posted by John McClelland on May 07, 2012 in  Las Vegas Housing Inventory  Las Vegas Housing Market  Multiple Offers
As we continue further into the seasonally strong selling season for residential real estate, many buyers are encountering a limited supply of homes, competition through multiple offers (many cash) and a muted level of new product entering the market. This is not only occuring in Las Vegas but is a condition known in other locals as well. Buyers are reacting to both affordability and investment returns on rental properties so you have two large buyer types directed at the same property types and price ranges. Th... read more
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