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| Name | Las Vegas Homes For Sale - It's Over! |
| Video Uploader | Video From Las Vegas Living |
| Upload Date | This Video Uploaded At 29-06-2024 15:15:00 |
| Video Discription | Las Vegas Homes For Sale - It's Over! The overpriced US real estate market, along with the substantial hidden costs of homeownership, presents a significant financial challenge for many. The situation is particularly dire in the Las Vegas real estate market and its limited supply of Las Vegas homes for sale. Data from home builders and popular real estate websites like Zillow reveal a troubling trend of price gouging to aspiring homeowners. Buyers are increasingly becoming aware of the inflated prices of Las Vegas homes for sale, which exacerbate the already high costs of owning a home. Despite the allure of Las Vegas, the reality is that the Las Vegas real estate market continues to show many overpriced properties, making it very difficult for average buyers to enter the market. There are currently less than 4,000 Las Vegas homes for sale which represents only about a 2 month supply of inventory. The median home price of the dwindling supply of Las Vegas homes for sale now stands at approximately $473,000, which represents just over a 7% increase year over year. The average homeowner now pays over $18,000 per year in homeowner costs. Las Vegas homes for sale are also included in these hidden expenses averaging nearly $17,000 per year. Reports show that even though Las Vegas homes for sale are listed at high prices, they often fail to reflect the true market value, leading to additional financial strain for new homeowners. This trend indicates that the bubble in the Las Vegas housing market is unsustainable. As hidden costs, high interest rates, stagnant wages and inflation pushes prices higher, it is clear that it's over for many people who dream of owning a home. The persistence of these inflated Las Vegas homes for sale prices highlights the need for more affordable housing solutions. The potential for economic turmoil is on the horizon and being patient for a housing correction is an option many are waiting on. If you are thinking of buying a home, especially any of the current Las Vegas homes for sale, making a lower offer or waiting things out is potentially a wise option. 🚨 Subscribe to this channel here: 👇👇👇👇👇👇👇 https://www.youtube.com/channel/UCGxdkNfbcDHxOEl-4WZpE4g If you are going to be living in Las Vegas Nevada then this is the channel for you! We tell you what it's like to move to Las Vegas and make videos about Las Vegas real estate every week. We work with clients from all over the U.S. that are relocating here and we ABSOLUTELY LOVE IT! Reach out to us day/night/weekends if you are moving here. We've got your back when moving to Las Vegas. Jerry Abbott NV License # S.0183274 Summit Properties 📲 Text: 702-550-9658 📲 Email: jerry@jerryabbottrealty.com 🚨 Subscribe to this channel here: 👇👇👇👇👇👇👇 https://www.youtube.com/channel/UCGxdkNfbcDHxOEl-4WZpE4g Learn more about Las Vegas, Nevada here: ✅ https://en.wikipedia.org/wiki/Las_Vegas ✅ https://VisitLasVegas.com ✅ https://www.LasVegasNevada.gov ✅ https://vegas.eater.com/ All media clips and articles are publicly available information unless otherwise noted. DISCLAIMER: This video content is intended only for informational, educational and entertainment purposes. Neither Las Vegas Living or Jerry Abbott are registered financial advisors. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. Your use of Las Vegas Living's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-mail or SMS) for communications with Las Vegas Living does not establish a formal business relationship. [7vajvMQB9wU] |
| Category | People & Blogs |
| Tags | Las Vegas Homes For Sale | homes in las vegas nevada for sale | henderson nevada homes for sale | summerlin las vegas homes for sale | las vegas real estate | las vegas housing market | las vegas luxury homes for sale | las vegas mansions | las vegas zillow | new homes for sale in las vegas | new construction homes in las vegas | buying a home in las vegas | las vegas living | las vegas real estate agents | lake las vegas homes for sale | las vegas pulte homes |
