Homes Are Flooding Onto the Market in Las Vegas as Retirees Flee the City and Investors Cash Out

New home listings continue to flood the market, giving buyers more options than this time last year—and Las Vegas leads the pack.

Across the United States, newly listed homes increased 6.2% from last June, according to the Realtor.com® June Monthly Housing Report. Las Vegas experienced the sharpest increase in housing inventory, with a 77.6% increase year-over-year.

Robert Little, who has been selling real estate since 2007, has seen many changes in the region over the years. He says that buyer demand in the area has mostly cooled due to higher interest rates…

Story continues

TRENDING NOW

LATEST LOCAL NEWS