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Las Vegas Homes BlogLas Vegas real estate blog with market conditions, news and availability of Las Vegas homes and condos as presented by RE/MAX Associates. Friday, October 27, 2006Some Analysts Are Preparing For A Market Slowdown
The Las Vegas real estate market seems to be having another record breaking year. This despite a market slowdown at the begining of the year. Las Vegas analysts say that another slowdown at the end of the year is to be expected. With elections coming up in November and the holidays around the corner, be prepared to see some home prices come down.
With the changing from a seller's to a buyer's market earlier this year, Las Vegas home owners serious about selling will have to relinquish the hefty price tags.
Comments:
http://LasVegasHighRiseBlog.com and httpp://SummerlinHomesBlog.com depict two different markets in Las Vegas luxury real estate. Prices and market trends vary widely between those two markets. We forecast 2007 will show a leveling off in Summerlin single family homes and a sudden impact of high rise inventory with little product in the pipeline behind it.
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