Heritage Square (Las Vegas, NV)
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
This Las Vegas Market Report usually just stays on my Website but the News on Las Vegas Home Inventory Trends is Just too Juicy to NOT SHARE w/ Active Rain! Las Vegas Real Estate Market Trends for November 2010: I am happy to report that Las Vegas home inventory increases over the last several months has slowed in December.  I did predict – back in May of 2010 (this year) that Las Vegas Area would be a stable to buyer’s market by November or December. I am happy to report that I am wrong!  We are still a seller’s market but almost a stable market.  Our absorption rate is “hanging in there” at 4.6 months of inventory (5 months makes it a stable market, 7 months makes it a buyer’s market!) This is due to smaller inventory increases than previous months.  Inventory only increased +66 unit...
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