Friday, October 29, 2021

Where is the market slowing?

 

FOR IMMEDIATE RELEASE

Contact:
Dawn Houlf
Managing Broker
EXIT Realty Number One
702-236-6266
dawn@exiterno.com

Where is the market slowing?

Cities With The Highest Share of Price Cuts

Las Vegas, NV (Grassroots Newswire) October 28, 2021 -- Sales of homes in the Las Vegas Area are reaching higher and higher levels in 2021. Creators of property inventory are struggling to keep up with the accelerating demand. People from around the world continue to stream into the surrounding Las Vegas areas from higher priced markets elsewhere, with a large influx coming from the Los Angeles area. This creates a critical pressure on the housing demand in the less pricey Las Vegas. This heavy demand has accelerated during the COVID-19 Pandemic with housing sales reaching the highest levels in 15 years. Buyers continue to flood properties with offers on limited inventory. Meanwhile, builders raise their prices as buyers crowd the waiting lists.

Knowing the current state of Las Vegas real estate, we have determined that the Las Vegas area is a great place for a real estate investment.  Many real estate investors have asked themselves if buying rental property in Las Vegas is a good investment? You need to drill deeper into local trends if you want to know what the market holds for 2022. The staff at EXIT Realty Number One may have the perfect answers and solutions for you. Call us! (702) 949.2409

For more information about EXIT Realty Number One, please call 702-236-6266. EXIT Realty Number One is located at 316 South Jones Blvd., Las Vegas, NJ 89107.

About EXIT Realty:
EXIT Realty is a company founded and built on human potential. A full service, forward-thinking, real estate franchisor with offices across North America, EXIT has to-date paid out more than a half a billion dollars in single-level residual income to its associates. The Expert Marketing Suite™ including geolocation Smart Sign™ technology gives sellers an edge in a competitive marketplace. A portion of every transaction fee received by EXIT Realty Corp. International is applied to its charitable fund, and to-date, $6 million has been allocated to charity. For more information, please visit www.exitrealty.com and www.joinexitrealty.com.

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    Documents and/or Photos available for this release:

 

Cities with Price Cuts

To view supporting documents and/or photos, go to www.enr-corp.com/pressroom and enter Release ID: 436876

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