Las Vegas

What Experts Say Will Happen with Home Prices Next

September 27, 2022
NHE
September has been an interesting month in real estate as we watched rates increase again and hit the over 6% mark.

Housing inventory is up 129% from this time last year.   This huge increase has given buyers a lot more choices, whether looking at resale homes or new homes.

Right now, the builders in our Valley are looking to finish the year strong and with that are offering big incentives and price cuts. No more wait lists, lotteries and bidding wars.  Those days are now officially behind us.  As they look to next year, building starts for new homes are already decreasing meaning they are planning for less demand in 2023.

This is a great time to take advantage of year end builder deals!   Want more details? Click here

What Experts Say Will Happen with Home Prices Next

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