10/09/2026
Las Vegas.... for the first time in over 10 years, the number of homes for sale is over 10,000! Just a few years ago we were struggling to find buyers homes because there were between 2,000-3,000 active listings. We have nearly doubled that, while at the same time limited our buyers because of higher interest rates 3-4% more... on a $400,000 home that can equate to as much as $1,000 extra a month!
However, with the amount of inventory and the higher costs of financing, Buyers are seeing a lot more seller concessions that can assist in the affordability of buying a home. For Sellers.... you need to keep an open mind as to costs of selling, does it make sense at this time? If you purchased your home a short time ago, or even during the peak of the market just a few years ago, you need to know you may not see a substantial gain and Buyers are primarily looking for move-in ready updated homes. Sellers are also needing to be more open to concessions towards Buyers closing costs and even rate buy downs.
Our team is experienced in assisting Buyers and Sellers navigating this ever resolving market. Reach out, get your questions answered before making a huge decision that have deep financial implications for you and your family.