Is the Shifting Market a Challenge or an Opportunity for Las Vegas Homebuyers?
Homes For Sale BrendaWynnTeam.com Berkshire Hathaway HomeServices Nevada Properties Las Vegas NV Real Estate Market Realtors Near Me[/caption] Is the Shifting Market a Challenge or an Opportunity for Las Vegas Homebuyers? If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge . It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your greatest challenge may now be your greatest opportunity . Today, data shows buyer demand is moderating in the wake of higher mortgage rates . Here are a few reasons why this shift in the housing market is good news for your homebuying plans . The Challenge for Las Vegas Homebuyers There were many reasons for the limited number of homes on the market during the pandemic, including a history of underbuilding new homes since the marke...