Will New Construction in My Neighborhood Reduce My House Price?

The terms “seller’s market” and “buyer’s market” describe the party most likely to benefit from a real estate transaction in certain conditions. These terms derive from the basic economic principle of supply and demand. Put simply, when more houses are listed for sale than there are buyers willing to buy those houses, prices will go … Continued

New Construction Sales Rise in Las Vegas

House For Sale in Lone Mountain Estates

Demand for homes is climbing in southern Nevada, particularly new construction. Actually, new home sites for new homes and planned neighborhoods have been steadily increasing. This is due to a population boom is the desert, coupled with increasing demand outstripping existing inventory The Las Vegas market has rebounded so strongly that the city has its … Continued