Source: Review Journal —
In more ways than one, Las Vegas’ housing market is getting doused with cold water.
People are buying fewer homes, sellers are slashing their prices, and availability is soaring.
Southern Nevada is far from alone in seeing its once-sizzling market cool off lately. But in some key ways, recent reports show, Las Vegas seems to be hitting the brakes harder than other metro areas.
“That’s definitely in line with what I’m seeing,” Taylor Marr, deputy chief economist with real estate brokerage Redfin, told me Friday.
